In response to:

Why Work Anyway?

Jetman1979 Wrote: Dec 10, 2012 10:05 AM
I don't like calling the money taken from the workers government money. If we had the freedom of choice how many of you would stop paying taxes? I know I would if could. Every single program the government has developed is now broken. Now they are forcing us to pay into 401k which they the government plans on taking away from us at their on whim. My husband will be laid off this coming Friday, he is 58 years old to young to retire to old to be hired. He will be past up for someone younger I fear. He could do contract work and may have to do contract work but I pray he will find work locally. Will, as of last month the company automatically started deducting 401k out of his check. It made me mad cause we do not believe 401k to be safe.
SpaceVegetable Wrote: Dec 10, 2012 7:20 PM
Contract work can be quite lucrative, depending on the area of skills. Most contract firms/temp agencies offer benefits these days. Granted, you have to pay for them all yourself, but the higher pay rates usually more than cover that. An alternative is to form a small business - a sole proprietorship - and get group insurance through it. That's what I do. I'm a "small group of one." As long as you maintain continuous coverage, they can't turn you down or put in waiting periods and exclusions for preexisting conditions (not sure how Obysmal-Care affects this). I've been contracting since 1992 and love the freedom and higher pay rates, plus getting to choose my own benefits.
SpaceVegetable Wrote: Dec 10, 2012 7:23 PM
Oh, and age is far less of an issue in contract work since the client companies are not paying your benefits. We're all just commodities these days so we may as well be paid as commodities. I love not having to do unpaid overtime or competing with the guy in the next cube for promotions. Also, being a contractor means you aren't as tied to the health of the company. If you do it right, you keep your skills fresh and gain new ones all the time by being exposed to different workplaces. It's really a good way to go, especially for older workers with lots of experience.
Shawn72 Wrote: Dec 10, 2012 10:37 AM
Unfortunately that is a fact. I am fifty one. I lost my admin job in Dec of 2008. I went thru the whole unemployment benefits thing and still no job. For 4 years. I lucked out and got a farm job delivering veggies n fruit. I hope your husband is healthy because the only jobs out there unless you know or blow someone are manual labor, low skill/ low pay and let me tell you these jobs are not easy for older people but its the only thing out there for us because no, employers will not hire old.. its all about image i guess i dunno but we are screwed for sure. Good luck to you and yours...
TNLady Wrote: Dec 10, 2012 10:53 AM
You can thank dingy Harry and Princess Pelosi for that
SolofTexas Wrote: Dec 10, 2012 12:41 PM
Shawn -- You are correct. People have been electing bad politicians for decades, whether because of good intention or greed. Many will now pay the price for the lack of vigilance.
LtScrounge Wrote: Dec 10, 2012 8:40 PM
It's also a matter of insurance costs. A healthy 25 yr old will lower the cost of their group policy while a healthy 50 yr old will raise it. I'm in the same boat. I'm 50 and am doing a job that pays less than I was making selling sneakers over 20 years ago.

I was shocked by something I heard from one of my friend’s sons the other day.  He is a college graduate with a business degree and fortunately has a job.  We were all talking about the fiscal cliff and how it would affect people making over $250K a year.  His reaction to the top rate rising to 39% along with the California State tax increase due to Proposition 30 prompted him to say, “Whew, I think I dodged a bullet! I was up for a promotion with a pay raise but someone else got it. I’m pretty sure my...

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