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Hookernomics: The “New Normal”

“SEEKING ARRANGEMENT” HIGHLIGHTS AMERICA’S WEALTH GAP … || By FITSNEWS || This website has made no bones about its position regarding prostitution (a.k.a. the oldest profession). “If people want to make money by having sex with other people, what business is that of the government?” we wrote a few years…

“SEEKING ARRANGEMENT” HIGHLIGHTS AMERICA’S WEALTH GAP …

|| By FITSNEWS || This website has made no bones about its position regarding prostitution (a.k.a. the oldest profession).

“If people want to make money by having sex with other people, what business is that of the government?” we wrote a few years back in one of our many posts supporting the decriminalization of the industry.

Indeed … decriminalizing prostitution is, at its heart, a liberty issue.  But it’s also an economic issue (one that’s suffering along with every other industry in the “new normal”).

But what if there was a way to legalize prostitution without actually … you know, legalizing it?

Apparently there is …

It’s called SeekingArrangment.com, a website which facilitates relationships between “sugar babies” and “sugar daddies (or mommies).”  And while the disclaimer on the website insists it in “no way, shape or form supports escorts or prostitutes using our website for personal gain,” there’s no secret as to the currency in question here:  “Sugar babies” provide companionship, “sugar daddies (or mommies)” provide a monetary incentive.

Pay-to-play, in other words.

Seeking Arrangement currently boasts 3.3 million “sugar babies” and 1.2 million “sugar daddies (or mommies)” – and the roots of their relationships are the subject of a new analysis by SouthBay Research.

According to the report, the average “sugar baby” is 21 years old and receives around $5,000 a month for “companionship.”  Meanwhile the average “sugar daddy (or mommy)” is 45 years old and makes an average of $500,000 a year – which for those of you keeping score at home is roughly ten times the median household income in America.

From the analysis …

SeekingArrangement: A Sign of Today’s Financial Stress 

Millions of college students and recent grads are struggling to make ends meet.  Talk about excess supply: there is a 3:1 ratio of Babies to Daddies/Mommies.  Sugar Babies need help with their basics: college loans, rent, & car payments.  (Which works well for Daddies/Mommies because these can be hidden as business expenses, which is helpful when dealing with the IRS and/or the spouse.)

The Unbearable Weight of Rent  Rent is now 40 percent of income in most major metro cities.  It’s 50 percent in New York. 

Following the recent Recession, home ownership began to plunge while rental vacancies dropped.  Clearly people were being squeezed out of home ownership and forced into renting.  Home ownership has collapsed to 40 year lows, rental vacancies has dropped to 30 year lows.  The connection is simple: housing is unaffordable and more people have to rent.

So … unable to buy homes or afford soaring rent prices (which we’ve previously addressed here), millions of young women are turning to websites like Seeking Arrangement in an effort to make ends meet the old fashioned way.

That’s sad … and according to SouthBay’s research the problem is exacerbated by loose monetary policy and support for mandatory minimum wage hikes.

“Simply put, we have a surge in college-age prostitution and it’s the Fed’s fault,” the report concluded.

As we’ve repeatedly stated, no U.S. citizen who wants to sell their bodies should ever be denied the right to do so by government.  But there’s a flip side to that: People who don’t want to sell their bodies shouldn’t be forced into such “arrangements” because our government is literally choking the life out of the U.S. economy.

In other words while we support the decriminalization of prostitution, it’s shameful so many young American women are being forced into the industry because our leaders are driving the economy into the ground.

As with any form of sexual congress among consenting adults, sex-for-hire should always be a voluntary “arrangement.”

***

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40 comments

Rocky Verdad August 25, 2015 at 11:06 am

I hear you can solve prostition by eating palmetto berries. Oh wait, no, that’s prostate issues.

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shifty henry August 25, 2015 at 11:16 am

Recently scientists revealed that beer contains small traces of female hormones. To prove their theory, the scientists gave 100 men 12 pints of beer each and observed that 100% of them gained weight, talked excessively without making sense, became emotional,
couldn’t drive, and refused to apologize when wrong. No further testing is planned.

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CorruptionInColumbia August 25, 2015 at 11:40 am

X 1,000!!!!

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shifty henry August 25, 2015 at 12:03 pm

I got this one only this morning, and couldn’t wait to use it. Here’s another:
————————
A man came up with a new invention, a vibrating tampon. That way a woman can be at her best when she is at her worst.

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shifty henry August 25, 2015 at 11:20 am

A well-endowed prostitute was being questioned during her trial for soliciting. The city attorney said, “Have you anything to offer the jury on your behalf?”

The well-endowed prostitute said, “No thank you, but
that’s why I’m here!”

Reply
Bob August 25, 2015 at 11:19 am

This article is nonsense. The minimum wage on an inflation adjusted basis is significantly less than it was forty years ago. As for home ownership interest rates are way below where they were forty years ago, and credit is far more readily available than it was 40 years ago, when many banks would not even loan money to single women. If right wing think tanks and websites are going to make crap up, it should at least be a lie that makes sense. I know the wing nut base is not very bright, but surely even they aren’t that stupid. Or am I giving them more credit than they deserve?

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Sic Semper Tyrannis August 25, 2015 at 11:56 am

Go to a club, make your own judgement.

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We know you're a slimeball August 25, 2015 at 11:22 am

Why must FITSNews – in every post- feel compelled to qualify itself by regurgitating its dumbass, everything goes, no responsibility, Libertarian Dogma.

We know you’re a moral-less, selfish, take what I want Asshole. That’s what Libertarians are.

even if you don’t remind us, the Liberals are still going to congregate here, to hear you tell them about whores, sleazes, slimes and sluts. And you’ll be sure tho bash the GOP, while soft-handing the true political criminals known as the Democrat Party.

While the world is falling apart, thanks to idiots like you and Barack Obama, the left knows it can surface here, and get fed the same Bullshit the DNC feeds its walk-in-lockstep, clueless dolts.

Reply
The Buzzman August 25, 2015 at 11:26 am

There, there, pogo. There, there.

Reply
On queue August 25, 2015 at 11:41 am

Like he said: ” the left knows it can surface here, and get fed the same Bullshit the DNC feeds its walk-in-lockstep, clueless dolts.”

You PROVE his point. BINGO!!!

Reply
pOgo August 25, 2015 at 11:41 am

I wish I could take credit for that display of talent and typed brilliance! Not me.In your recent stalking mode you keep attributing comments to me that I didn’t post. I don’t care-I enjoy all my fans.

Have you EVER spoken/written the truth about ANYBODY in your life. How did lying become so easy for you, or is it? Liberals lie but my friend,in my opinion, you have taken it to a whole new level.

Did you try that Mike Brooks Beach Music show on 98.3 out of Clarksville,Va? 3-7 on Sunday.

Reply
Sic Semper Tyrannis August 25, 2015 at 11:49 am

Ever heard of freedom, Sandford and Nikki have,

Reply
Anger Management August 25, 2015 at 12:44 pm

There is personal responsibility when it comes to doing it with a hooker, possibly getting a disease, possibly getting caught by your wife or girlfriend, possibly getting into an altercation with a pimp, possibly getting robbed after the hooker ties you up, I think you get the picture.

That is a lot more responsibility than getting on welfare and sitting in your trailer whining about FITS all day.

Reply
Deo Vindice SC August 25, 2015 at 12:50 pm

AM sure has a mega-income following in SC. FIT’S is spot on.

Reply
CorruptionInColumbia August 25, 2015 at 6:52 pm

President Obama, who art in Washington, please continue in your efforts to touch the life of the entity known as Grand Tango. Please help to heal his tendency toward numerous psychotic episodes each day. Help him in his struggles to first define normalcy and second, to achieve it. If you cannot see him becoming normal now, hopefully it can be during your third term.
Amen.

Reply
The Buzzman August 25, 2015 at 11:30 am

A great many marriages are, basically, the same kind of “arrangement.”

Same as it ever was.

Reply
Tazmaniac August 25, 2015 at 11:38 am

Once in a Lifetime-TH

Reply
Liberalism is DEPRESSION!!! August 25, 2015 at 11:45 am

Why is it liberals have a tendency to judge EVERYTHING based on their failed, miserable and depressed lives?

Anything good as its core, you hate, and see in its negative, because you – like almost all liberals- are dysfunctional.

Do you walk upside down, using your ass as your face? You should because you see everything and everyone at the worst.

Liberals are dark and sick people. The enlightened should stay away from you, so they can retain their brightness.

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Sic Semper Tyrannis August 25, 2015 at 11:46 am

Yea, your right, Mark.

Reply
He's a good example August 25, 2015 at 11:48 am

That may be the smartest and most-insightful comment you’ve ever made, albeit unwittingly.

Reply
Sic Semper Tyrannis August 25, 2015 at 11:50 am

Even blind squirrels find nuts.

Mike at the Beach August 25, 2015 at 9:29 pm

Your position isn’t really that the cliche of “marrying for money” isn’t fairly common, is it?

Reply
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Reply
Bible Thumper August 25, 2015 at 12:02 pm

The “Pretty Woman” Lie” Sorry Shifty , but it’s a lie.
All of these “hookup/prostitution” websites are lying and there is no law against this lying, referred to as “puffery”. Most are not brazen enough to claim such an over sized ratio of women to men. Most claim equal numbers of men to women, but as analysis of Ashley Madison reveal their was seven times more men than women. The claim of the average age being 21 is also obviously “puffery” also.

The most ridiculous claim is that they have 1.2 million sugar daddies/mommies with an average income of $500,00. There are only between one and two million households in the US that have a +$500,000 income. For this to be and average would probably mean at least a third of them subscibe to this obscure website that is just one of many.

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shifty henry August 25, 2015 at 12:07 pm

BT, you have just crushed the hopes and dreams of those many potential “sugar babies”……

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Deo Vindice SC August 25, 2015 at 12:25 pm

Please sum your post.

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Deo Vindice SC August 25, 2015 at 12:47 pm

That is a US average. SC income average is $ 22,000.00. If even that.

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Centrist View August 25, 2015 at 12:12 pm

“As with any form of sexual congress…”

Is that what they call the State House?

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shifty henry August 25, 2015 at 9:21 pm

A senator and his wife were lying in bed. His wife said, “Stop talking politics. Can’t you talk about anything else?”

“Sure.”

“Good. Let’s talk about sex.”

The senator said, “Fine. How many times a week do you think the President gets laid?”

Reply
BrigidBernadette August 25, 2015 at 1:55 pm

From the movie Gold Diggers of 1935 song lyrics
“…I’ll buy you this and that
You hear a daddy saying
And baby goes home to her flat
To sleep all day…”

That was in the other Great Depression. Although I prefer Gold Diggers of 1933. A successful Busby Berkeley movie, obviously so accepted a social phenomenon that he made two of them. Nothing new under the sun. Sad, these young women, mostly instagram prostitutes rather than sugar babies, will never wash off that stain. Don’t think young men don’t do this either. Young gay men have been ‘kept’ by older men for ages. But didn’t Cougar Life turn out to be a scam, as Bible Thumper is saying below? Just heard on the radio not five minutes ago that http://www.nbcnewyork.com/news/local/Rentboy-Male-Escort-Website-Manhattan-Arrest-Takedown-Federal-Agent-Police–322826271.html Gotta pay that rent somehow.

Reply
Jeff Siegel August 25, 2015 at 3:47 pm

In all seriousness, prostitutes are good investments: http://www.wealthdaily.com/articles/why-prostitutes-are-good-investments/6238

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Bible Thumper August 25, 2015 at 4:57 pm

From Link:
? 3.3M Sugar Babies
? 1.2M Sponsors (aka Sugar Daddies & Mommies)
? Average age of Sugar Baby: 21
? Average age of Sugar Daddy/Mommy: 45
? Average Income of Sugar Daddy/Mommy: $500K
? Average compensation: $5K per month

THE MATH:
3,300,000 sugar babies × 12 months × $5000/month = $198 billion

$198 billion / 1.2 million sugar daddies = $165,000 / daddy or mommy
$165,000 / $500,000 ×100% = 33%

So, 1.2 million sugar daddies and mommies are spending on average a third of their income on an average 21 year old sugar babies. I seriously doubt that.

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Bible Thumper August 25, 2015 at 5:17 pm

$198,000,000,000 in income from just SeekingArrangment.com if legally counted as part of and added to our $16.3 trillion GDP would add 1.2% to U.S. GDP growth rate. This could easily give us the 3% plus GDP that fits has complained that we have been missing for decades.

Yeah, I believe that. ;-)

Reply
shifty henry August 25, 2015 at 9:25 pm

<<<– continued from above: ("Have you found a new career with this thing? It starts to look like you might fishing for a job as a Defense Attorney for the company!)

Reply
shifty henry August 25, 2015 at 9:22 pm

“Dang!) —- continued below ->>>

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TontoBubbaGoldstein August 25, 2015 at 6:29 pm

People who don’t want to sell their bodies shouldn’t be forced into such “arrangements” because our government is literally choking the life out of the U.S. economy.

Whole lot of guys out there “selling their bodies” by doing hard and/or dangerous physical labor for longer hours that don’t make anywhere near $5000 a month…

PRO TIP:
Not everyone loves their job.

Reply
Davidcomment August 25, 2015 at 11:19 pm

Don’t need a sugar relationship? Dating a millionaire is also a good choice. I know MillionaireMatch.com is not a sugar daddy dating site; it’s a true millionaires club. There is no better place for successful millionaires interested in meeting other millionaires.

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ImpaledNazarene August 26, 2015 at 12:45 am

I support legalizing prostitution. I love hookers, and will always defend them.

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Ryan Chambers August 26, 2015 at 10:13 pm

Great article! http://www.tempted.com

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Nathan Johnson August 26, 2015 at 11:41 pm

Good article! There are other dating websites such as SeekingArrangement, sites like http://www.tempted.com connect young women with wealthy, successful, generous men for mutually beneficial relationships.

Reply

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