"Almost no marriages in which both partners work full time fall below the poverty line; about one-third of households headed by a single mother are poor. One in eight children with two married parents lives below the poverty line; five in 10 living with a single mother do. And income aside, children raised by two parents are less likely to have behavioral problems, be asthmatic or hungry; they are more likely to achieve at school and so on. The effects are perhaps even larger than researchers had previously grasped. In a new study, the economist Raj Chetty and his co-authors found that, in terms of income mobility, nothing matters more for a low-income child than the family structures she sees in her community — not neighborhood segregation, school quality or a host of other factors."
"about four in 10 children are born to an unmarried mother."
"Some of the government’s programs seem to have had an effect on the low-income folks they targeted: Couples who participated in an Oklahoma initiative called Family Expectations were about 20 percent more likely to stay together for three years than couples in a control group, for instance. But over all, Uncle Sam tends to make a poor Cupid. The preponderance of evidence is that Washington instead has, over the years, wasted hundreds of millions of dollars on relationship counseling"
"Imagine a working husband making $25,000 a year whose wife decides to take a job for $25,000 a year. Melissa S. Kearney, the director of the Hamilton Project at the Brookings Institution, and a co-author have estimated that the couple would keep only about 30 percent of the wife’s earnings, after you factor in the loss of breaks like the earned-income tax credit."
Evaluating the free market by comparing it to the alternatives (We don't need more regulations, We don't need more price controls, No Socialism in the courtroom, Hey, White House, leave us all alone)
Sunday, February 23, 2014
Marriage And Poverty
See Can Marriage Cure Poverty? by Annie Lowrey, NY Times magazine, 2-9-14. Excerpts:
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