What can be done about regional inequality? Because such economic trends will do nothing but continue to destabilize our country in the future.
Edit: To those downvoting me, can you please explain? I don't understand.
What can be done about regional inequality? Because such economic trends will do nothing but continue to destabilize our country in the future.
Edit: To those downvoting me, can you please explain? I don't understand.
EDIT: by “financially precarious” I mean that above you said you were a new grad having difficulty finding work. I assume it is your intent to work after the baby is born (rather than being the primary caregiver) or it wouldn’t matter so much about finding work.
If your wife returns to work and you work you’ll need to pay for care and/or rely on family support. If she doesn’t return to work and she’s the one with steady employment then that’s a problem (financially).
Hence my question.
It's still too risky and difficult for us to relocate, though. Our family all lives nearby, so we have a support structure here. My wife has an established career in a low cost of living area. Housing is incredibly cheap. We mesh with the culture here. When I get a job, we'll be able to buy a house pretty easily. It's just tough for me to get an IT job, because most low level positions have been outsourced in my area.
And generalizing the Bay Area to all other higher salary + higher CoL places is also going to yield no useful insight. Or in other words - your parent comment about how articles like this are why you don't consider relocating neglects the fact that there are likely middle ground locations where you could be paid a higher wage while still paying a lower rent.
One simply can't extrapolate that much when looking at CoL or salary.
If for no other reason having children is our biological raison d’être. Go tell a squirell it’s not rich enough to procreate!
Children are brought up with very little means everyday; they don’t need rich parents.
Children are seen by our rich society as a luxury good that only the well off are worthy of buying.
Instead what children need are strong loving parents. (I’m so anoyed at the parents of my kid’s spoiled friends, and she not even three)
I lived for three months in Cali (Santa Barbara) and it is one of the last places in N. America I would raise my daughter. Only the despair from the poorest, heroin addicted, countries in WV would rank lower.
A well employed parent, a well educated spouse and grandparents to help. We should all be so lucky!
You say it's risky and difficult to chase jobs elsewhere. Yet you claim to be better off than the average American while chasing entry level jobs.
If anything this makes you more mobile than the average American.
Use this to your advantage instead of holding out for one of a dwindling number of jobs in some rural town. Because even if you get one, what's your exit strategy if you lose it? By your own account your position seems to be ripe for elimination.
Holding out seems more risky than moving on. Don't move to the Bay area or manhattan. The rest of the country is not representative of this article.
But that's just my take on it. Best of luck to you.