By Chip Bok
Archives for June 2012
Many conservatives considered the mandate unconstitutional under the commerce clause, arguing that if the federal government could compel people to buy health insurance, it could compel them to buy almost anything — even broccoli, the archetypal example debated during the oral arguments three months ago.
In a complex decision, the court found that Congress’ powers to regulate commerce did not justify the mandate. But it reasoned that the penalty, to be collected by the Internal Revenue Service starting in 2015, is a tax and is not unconstitutional.
As parents, we should help our children learn to associate money with labor. Money and possessions do not fall out of the sky. They are earned through work–good, hard, and well-done work. We can encourage our children to work at tasks, make things, and sell them. We can teach them that work can be meaningful and fun as well as financially profitable.
A common mistake that parents make is to dole out money to children arbitrarily as life goes by. This teaches them to believe money has no cost, that it comes easily or automatically. As a result, they disassociate money from work. They begin imagining it’s their right to have money even when they haven’t worked for it. It’s this faulty thinking that later puts able-bodied people on welfare. Although the government fosters this kind of handout mentality, the attitude itself is–tragically–usually learned at home.
from Money, Possessions, and Eternity, Tyndale House Publishers, 2003.
Michael Horton talks to Dr. Jean Twenge about her fascinating book The Narcissism Epidemic: Living in the Age of Entitlement and her previous book Generation Me: Why Today’s Young Americans Are More Confident, Assertive, Entitled–and More Miserable Than Ever Before.
Dr. Twenge quotes a study that found one third of all college students think they deserve a B if they show up to class. And two thirds of students thinks that if they try hard, a professor should increase their grade.
Both of Dr. Twenge’s books were very helpful to me as I wrote Thriving at College.
Zac Bissonnette, in his excellent book Debt-Free U: How I Paid for an Outstanding College Education Without Loans, Scholarships, or Mooching off My Parents, debunks the overly hyped U.S. News & World Report college ranking, metric by metric. Then he notes:
But the larger problem with ranking colleges is that it is based on the premise that attending college is like an amusement park ride: a passive experience where the student picks the most thrilling ride he can handle, straps in, and holds on to his digital camera. College is nothing like that….What they get out of their education is a function of the effort they put in.