On the heals of blogging about a 99-Year-Old Man That Works For Minimum Wage…For Over 30 Years I found this bit of insight into how our society sees young adults in their 20's, today, differently than we did a century earlier.
The Heider Manufacturing Company was the brainchild of Henry J. Heider and his elder brother John from Troy Grove IL. Henry Heider proved to be an able manufacturer and inventor, with his first patent already at the age of 21 for a four-horse evener (the first of over 20) and a successful repair business. His elder brother John had left home for a career in accounting and business, but in 1903 he and Henry decided to go into business together after Henry’s business outgrew his capacity to run and still farm. With demand for the 4 horse evener strong, the brothers set up shop in Albert Lea, Minnesota, but in short order outgrew this small shop. The decision to move to Carroll, Iowa meant a full sized facility and the need for much expanded company. Henry remained in charge as president and chief of manufacturing, L.C. Klein took over as V.P and in charge of sales, and John acted as secretary/treasurer. After incorporating, $18,000 in stock was sold, mostly to locals, to finance the concrete block factory to be built in 1904.
Times have changed, indeed.
Q2: What plans are required to extend dependent coverage up to age 26?
The Affordable Care Act requires plans and issuers that offer dependent coverage to make the coverage available until a child reaches the age of 26. Both married and unmarried children qualify for this coverage. This rule applies to all plans in the individual market and to new employer plans. It also applies to existing employer plans unless the adult child has another offer of employer-based coverage (such as through his or her job). Beginning in 2014, children up to age 26 can stay on their parent's employer plan even if they have another offer of coverage through an employer.
Obamacare is not about, "protecting young adults and eliminating burdens on businesses and families," but rather our government is helping us to destroy our own children with entitlement and to burden our own businesses and families with unnecessary costs.
“Large majorities of young adults ages 25 to 34 living at home say they’re satisfied with their living arrangements and upbeat about their future finances,” according to The Boomerang Generation report from the Pew Research Center.
It is not hard to see the results of a nation of entitled children, co-dependent parents, and nanny-state politicians. Just look around:
"I'm a stay at home son."
-Alan from The Hangover 2
We can blame the government, but are much better served to look to ourselves, first. There are many books available on co-dependent parenting. The parenting chapter in Beyond The Yellow Brick Road-Revised is a good place to start.