Should poor people have kids?

[LastPoet]

Children are one of the few joys in life that poor people can afford.

My brightest star, the shine in my sorrow eyes. She is in need of a sibling or two. Alas, while we could do it we have to consider the cost of raising children. In my time kids were raised, but this days you will have CPS on your arse for the simplest things. Someone made an anonymous call complaining my daughter wasn't being cared for. The CPCJ came with ghe police to check my conditions. All ok, she is a happy child, well cared for, but someone wants to harm me. It seems I do have enemies.

[Dmitry1983]

Why is nobody changing course?
There is no functional difference between your own capital and borrowed capital if interest rate is zero.

Ask yourself a question. If you would artificially inflict wealth inequality in an economy will that generate added value?

No. Why is nobody changing course?
Reality is such that less than 10% of population know how to manage capital. As result in market economy wealth tends to concentrate in hands of few and that is what makes market economy efficient. If you try to redistribute wealth most people will eventually bankrupt themselves.

There is a very big difference between debt and personal wealth.

There is no difference for money managers. You use capital to make return. If you use capital borrowed at zero interest rate then your return will be same as if you were using your own capital.

[LastPoet]

Ask yourself a question. If you would artificially inflict wealth inequality in an economy will that generate added value?

No. Why is nobody changing course?
Reality is such that less than 10% of population know how to manage capital. As result in market economy wealth tends to concentrate in hands of few and that is what makes market economy efficient. If you try to redistribute wealth most people will eventually bankrupt themselves.

There is a very big difference between debt and personal wealth.

There is no difference for money managers. You use capital to make return. If you use capital borrowed at zero interest rate then your return will be same as if you were using your own capital.

Jesus would be so proud!

[BrokenQuill92]

Children are one of the few joys in life that poor people can afford.

My brightest star, the shine in my sorrow eyes. She is in need of a sibling or two. Alas, while we could do it we have to consider the cost of raising children. In my time kids were raised, but this days you will have CPS on your arse for the simplest things. Someone made an anonymous call complaining my daughter wasn't being cared for. The CPCJ came with ghe police to check my conditions. All ok, she is a happy child, well cared for, but someone wants to harm me. It seems I do have enemies.

thats part of risk of having children with a disabled partner. People are more likely to see disabled people as unfit whether or not they have an able bodied partner

[notimportant1234]

Ask yourself a question. If you would artificially inflict wealth inequality in an economy will that generate added value?

No. Why is nobody changing course?
Reality is such that less than 10% of population know how to manage capital. As result in market economy wealth tends to concentrate in hands of few and that is what makes market economy efficient. If you try to redistribute wealth most people will eventually bankrupt themselves.

There is a very big difference between debt and personal wealth.

There is no difference for money managers. You use capital to make return. If you use capital borrowed at zero interest rate then your return will be same as if you were using your own capital.

I purposefully didn't answer your question first time because it is not related to the subject. We are not discussing if capitalism is a good system or not. You still have to prove that  wealth inequality and "capital management" are what makes capitalism soo successful. And BTW, you sayed that most people will lose all their money, even if they had billions. You didn't say anything about wealth distribution in your first post. Can you refrain from changing the subject on every post you make? 

It doesn't matter who you are, debt is still debt. You still have to return it in a given period of time, with or without interest, you can't say the same about your own wealth.
And your return will be the same with or without an interest rate, your chance off succes doesn't change based on that.

Edit:. Money managers are not the ones that are growing the economy, entrepreneurs are.

[LastPoet]

thats part of risk of having children with a disabled partner. People are more likely to see disabled people as unfit whether or not they have an able bodied partner

I will always stand for my disabled woman, the mother of my children. And she is more able than me, the safe harbour for the pirate, yours truly-

[Dmitry1983]

[Gawdzilla Sama]

Bolshie economics None-O-None.

[Fake Messiah]

That is one heck of an enigma, BrokenQuill92, that many tried to untangle. My guess is that some people just love walking around with diapers up to their knees and having a house full of kids that they can't afford.

I remember once watching some TV segment about a family of 15 in a flat with two rooms, but at the time of the filming of that segment they were down to "only" like 6 kids and dad was thinking of buying smaller apartment, now that the family is "small".

[Apathyst]