Monetizing Motherhood

As long as we’re on the subject of women…

Some countries have social policies that make it less stressful to combine motherhood and career. Not the good old US of A.

In the absence of benefits like widespread maternity leave and accessible and affordable day care, American women who want to combine careers and motherhood are making “interesting” choices.

About two dozen women ate cheese and canapés in a swanky Midtown Manhattan building in early December. It could have been mistaken for a networking event if it weren’t for the women’s singular focus – egg freezing.

Formally called “oocyte cryopreservation”, egg freezing has boomed over the last decade. Since 2009, there has been an 11-fold increase in the number of women who choose to “bank” their eggs. During that time, the American Society of Reproductive Medicine officially removed its “experimental” designation.

“It’s a conversation more women need to talk about, just like miscarriages and periods,” said Florence Ng, a 35-year-old real estate broker in New York City who froze her eggs this year. “These are really important and relevant today.”

Now, Wall Street is taking notice of the fertility industry. Analysts see it as one “ripe for a merger and acquisition cycle”, according to one group.

As the article notes, a new breed of fertility clinic is selling a promise: that capitalism and technology can buy women time. And this being the good old US of A, where government provides very little in the way of a social infrastructure, “entrepreneurs” see dollar signs in career women’s dilemma.

“The US Fertility Clinic market has come of age and is ripe for a merger and acquisition cycle,” wrote Capstone Partners, an investment banking firm, in early 2017.

“The wave is already beginning,” the firm wrote, ticking off a raft of private equity and venture capital firms that recently purchased clinics: TA Associates, MTS Health Partners, Lee Equity Partners, TPG Biotech, Kleiner Perkins Caufield & Byers. Extend Fertility is partially owned by a hedge fund called North Peak Capital LLC.

“The trend for couples to marry later in life and to delay starting a family in pursuit of professional careers and financial security is also boosting demand for fertility services and accelerating industry growth,” wrote Capstone.

Men, of course, can make new sperm throughout their lives; we women are born with all of our eggs. If we use them to make babies in our 20s, most of those eggs will be good. But as we age, we’ll not only have fewer eggs, but a higher proportion them will be abnormal. By our mid-40s, most fertility doctors believe it will require donor eggs to get pregnant.

Egg freezing, once reserved for cancer patients, is increasingly sold as the solution to this problem…

Women are encouraged to freeze their eggs as young as possible – in their 20s preferably – to ensure the largest number are viable.

“Freeze your eggs!” said one Extend Fertility ad on Instagram. “Take control of your biological future – freeze your eggs and freeze time”. Extend pitches testimonials from women who have already frozen their eggs as “masters of time”.

Is this really the way we want Americans to address the issue of women in the workforce? Do we really want to make motherhood a consumer item, convenient only for those who can afford the blessings of technology? What about women who have “jobs” rather than careers, and cannot afford pricey egg freezing? What about women who prefer to have children while they are relatively young, rather than waiting until they are mistaken for their child’s grandmother–if they can conceive at all?

Other countries provide well-baby clinics, maternity supports, child care and other social supports that allow women to participate in the economy while providing for their children.

What does the lack of support for working mothers say about the value Americans place on women and children?

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Random Thoughts/Observations On Government Shutdown

Partisans are playing the blame game–pointing fingers and accusing the “other guy” of being responsible for the government’s inability to function.

It seems fairly obvious to me that those in charge–those in power– are most culpable; with the GOP dominating all three branches of Government, trying to lay the blame at the doorstep of the emasculated Dems reminds me of the divorce lawyer who told the judge that her client’s wife was so annoying, she caused  him to beat her. (That’s a true story, by the way.)

A few scattered observations–

  • it is absolutely unconscionable to use children as bargaining chips and hostages. Republicans’ willingness to keep the “Dreamers” in limbo and hold out funding for children’s health in order to play political games is simply despicable. (It’s also stupid: 87% of Americans want DACA reinstated.)
  • Republicans (and a few Democrats) who were willing to ignore the ongoing anguish of 800,000 DACA children in order to fund government for another couple of weeks were either naive (GOP promises to “get to” DACA “soon” were transparent bullshit–especially since Trump’s uninformed demands change daily) or more concerned about perceived political optics than justice for children who depend upon them.
  • Indiana Senator Donnelly was one of those Democrats. Donnelly has been a constant disappointment: he was willing to defund Planned Parenthood (he evidently believes his religious beliefs deserve government support but mine don’t), and he was willing to screw over the Dreamers, presumably because he is (theoretically) a Democrat running for re-election in a red state. Perhaps I’m the one being naive, but I think voters–red or blue–are more likely to reward principled behavior than political pandering. That said, I will vote for Donnelly in November because–acute disappointment though he is–he will cast his first vote to eject Mitch McConnell (aka the most evil man in America) from leadership, and because the Republican Trumpers who want to oppose him are even worse–and in Indiana, a vote for a third-party candidate is a vote for the Republican. This will be a “lesser of two evils” choice.
  • If there is a bright spot to the shutdown, it should mean that–at least while government isn’t open for business–the demolition crew that Trump has installed in lieu of competent administrators won’t be able to work on destroying their agencies.

And finally….If we needed any more evidence that the federal government is broken, and that Republicans are disinterested in fixing it, or for that matter, doing anything other than enrich their donors, I think this last year–culminating in this Keystone Kos episode–should provide it.

I know it’s morning, but excuse me while I go pour myself a stiff drink.

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Talk About Cutting The Safety Net….

When you elect people who have very limited knowledge of government or the legal system, you get a lot of unanticipated and unfortunate consequences.

Trump is hardly the only self-proclaimed “genius” who is actually clueless; in fact, voters need to recognize that the real villain of this surreal moment we’re experiencing isn’t Trump–who is arguably too far out of it to even know what he’s doing–but the current in-over-their-heads gang of Congressional Republicans who are protecting and enabling him.

A recent, glaring example is in the combined impact of their much-touted tax “reform” bill and their proposals to dramatically cut America’s social safety net.

Republicans love to talk about the negative consequences of social welfare programs–the purported encouragement of “dependency,” the “unfairness” of taxing working folks to support laggards who are sitting at home eating bon-bons (and while they rarely say it out loud, there is usually a “wink wink” suggesting  that those laggards are disproportionately black or brown). Data and evidence–things foreign to their comprehension–dispel all of this, of course. For example, most adult food stamp recipients work full time, as do most non-disabled adults on Medicaid. There is absolutely no research supporting accusations that receipt of welfare produces dependency, and most people on welfare are white.

Even more irritating is Republicans’ repeated insistence that, if government would just get out of the way, poor people’s needs could be met by private and/or nonprofit charities, especially religious charities. When George W. Bush called on the “armies of compassion” to replace much of the welfare system as part of his “Faith-Based Initiative,” researchers (I was among them) pointed out that private charities didn’t have the resources to even come close to his goals–and most churches were barely keeping the pastor paid and the roof fixed.

As we’ve seen, facts are pretty irrelevant to this crew. Nevertheless, given their constant lip-service to American generosity and private-sector charity, you wouldn’t expect them to pass a tax bill that threatens to cripple those same efforts. After all, they are now proposing massive cuts to Social Security, Medicare and Medicaid–cuts they evidently assume will be made up by funds from the charities their tax bill is eviscerating, if they think about it at all.

Patrick Rooney is an economist at the Lilly School of Philanthropy at IUPUI, where I teach. (Full disclosure; I am adjunct faculty at the Lilly School.) I know  Patrick and his work, and he is a first-rate scholar. Here’s his analysis of what the tax bill means for charitable giving:

The tax-code overhaul that Republican lawmakers approved and Trump signed into law will raise the price of charitable giving for millions of Americans, surely reducing how much money the nation gives.

As an economist and a scholar of philanthropy who researches how public policies shape charitable giving, I anticipate that the tax tweaks will lead Americans and U.S. companies to donate roughly US$21 billion less per year to charity.

The link will take you to the article detailing the impact of the tax bill’s various provisions on incentives for charitable giving, and those details are instructive. But the real “take away” is the utter failure of Congressional Republicans either to connect the dots– or worse, to care about the harm they are doing to millions of Americans (most of whom are elderly or children) in order to further enrich their donors.

Those who aren’t “geniuses” like our President–aka mental midgets–are something even worse. They’re moral midgets.

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Evidence Can Be Such A Downer….

Last week in Indiana, as our legislature geared up for its short session, Governor Holcomb delivered his State of the State address. One of the major emphases of that speech was about the importance of worker retraining.

Gov. Eric Holcomb used his nearly 30-minute speech Tuesday night to set some lofty goals, primarily in the area of educating and training Hoosier workers.

He identified more than a million Hoosiers who need better skills and set a goal of educating or retraining 55,000 Hoosiers over the next year who didn’t finish college or don’t have a high school diploma.

Although the Governor’s emphasis upon jobs and attention to other actual governance issues represents a welcome change from his predecessor’s obsession with imposing his version of biblical obedience on citizens of Indiana, this focus on retraining ignores an inconvenient reality: data continues to demonstrate that these programs mostly don’t work.

A recent article in the Atlantic summarized our current situation.

The article begins by noting that the problem is very real: automation has decimated manufacturing employment; estimates are that nine out of ten manufacturing jobs have been replaced by automation since 2000. Trade (mostly with China) has cost America another 2.4 million jobs. Of the 1.6 million manufacturing jobs that were lost during the 2008 recession, only 200,000 came back.

It’s true that trade and automation also create jobs, but they are jobs calling for very different skills than those being lost.

Most jobs that are available–primarily in computer technology, health care, and high-skill manufacturing– require training beyond high school. But despite what the article calls “decades of investment” in job-retraining programs, numerous studies have found them to be ineffective.

One problem, according to experts, is that job-retraining programs “remain rooted in the industrial era.” They haven’t evolved with the economy.

Workforce-development officials and labor economists describe four main trends in the job market that make the road from unemployment to retraining more treacherous now than it was even a decade ago. These trends, according to observers, have turned the government programs to support dislocated workers into relics of the past.

Not only do we live in an era where the skills needed to keep up in any job are changing at a much faster pace than before, but states have added licensing requirements to an enormous number of occupations. According to some estimates, those licensing requirements have cost the economy some 2.85 million jobs nationwide. Nearly 30 percent of American workers need a license these days; in the 1950s, only 5 percent did.

Do we really need to license interior decorators, travel agents, painters and auctioneers?

Researchers have also determined that the speed of retraining is critical–being jobless for a year or more permanently hinders a worker’s chance of new employment. (Retraining is actually most successful if it starts before a worker leaves his old job, but few people have the benefit of sufficient advance notice to make that feasible.)

Finally–and this pains me, but I recognize its accuracy–retraining typically is offered through a college or university, and most laid-off workers, especially older ones, have minimal interest in starting or returning to college. Worse, most colleges take far too long to create or update retraining programs. (As I discovered when I joined the faculty at my own university, lack of urgency may be the defining factor of higher education–followed closely by lack of flexibility. Unfortunately, speed and flexibility are critically important to retraining.)

Perhaps the biggest obstacle of all is the “chicken and egg” character of the problem. As the Atlantic article concludes, workers aren’t likely to waste their time retraining simply to retrain. Unless there is a specific job at the end, they won’t bother.

As with so many of the issues we face in public administration, it’s more complicated–and daunting– than it seems.

As Chambers of Commerce endlessly reminds us, employers look to locate in places with an educated workforce. In the long term, we’d get a better return on our investment of tax dollars by increasing funding for public schools.

But this is Indiana. I won’t hold my breath.

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“Pro Life” Really Isn’t

Those of us who champion individual autonomy and the right of a woman to make her own reproductive decisions often point to the hypocrisy of a movement that labels itself “pro life,” but expresses concern only when that “life” precedes birth.

Many of the same people who express touching concern for a blastula or fetus consistently oppose measures to ameliorate threats to the lives and health of the already-born. This disconnect strongly suggests that their real goal is control of women, not protection of life or the unborn.

Well, we have a new bit of evidence strengthening that claim of hypocrisy, and –unsurprisingly–it involves Mike Pence, Indiana’s contribution to the disaster that is the Trump Administration.

A bipartisan effort to stabilize the U.S. health-insurance markets collapsed last month after anti-abortion groups appealed directly to Vice President Mike Pence at the 11th hour, The Daily Beast has learned.

Amid opposition from conservatives in the House of Representatives, a group of pro-life activists met with Pence to lobby the Trump administration against supporting a health-insurance market-stabilization bill on the grounds that it does not contain sufficient language on abortion restrictions, according to sources with direct knowledge of the meeting. Senate Majority Leader Mitch McConnell (R-KY) was also in attendance at the Dec. 19 meeting, three of the sources said.

The next day, key lawmakers involved in crafting the legislation announced they were punting on the issue until 2018.

You may be wondering what the stabilization measure–which is intended to prevent thirteen million people from losing their health insurance due to a provision of the tax bill–has to do with abortion. And of course, in a sane world, the answer would be, nothing. But the supposedly “pro-life” activists who met with Pence last month were opposed to the bill because some of the subsidies in the stabilization legislation (known as cost-sharing reduction (CSR) payments) might go to health plans that fund abortions.

This is how Pence’s Party–formerly known as the GOP–protects “life.”

These lawmakers are willing to see thirteen million Americans lose their health insurance if that’s what it takes to prevent private-sector insurance companies from covering abortions (many of which are medically indicated in order to save the life or health of the mother).

There are numerous studies which estimate the number of deaths that are a direct consequence of lack of health insurance.

A 2012 familiesUSA study shows that more than 130,000 Americans died between 2005 and 2010 because of their lack of health insurance. The number of deaths due to a lack of coverage averaged three per hour and the issue plagued every state. Other studies have shown those statistics to be high or low, but all studies agree: In America the uninsured are more likely to die than those with insurance.

So how, exactly, is blocking a measure that would prevent these very predictable deaths “pro life”? Elevating the value of the unborn over the value of existing men, women and children isn’t “pro life”–even if you believe that human life begins at the very instant that a sperm and egg unite–it is rather obviously “pro fetal life.”

More accurately, it’s a war on women’s autonomy. And like all wars, it will take the lives of many innocent, already-born people.

There are certainly people who are truly pro-life. They oppose abortion–but they also oppose the death penalty. They support full funding for CHIP.  They support programs to feed hungry children.

Fanatics like Pence aren’t pro-life in any meaningful sense. They are anti-women and pro-paternalism.

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