click for interactive graphic

 

Shorter front page Sunday New York Times: Married mothers do better financially than single mothers.

Excerpt:

“Striking changes in family structure have also broadened income gaps and posed new barriers to upward mobility. College-educated Americans like the Faulkners are increasingly likely to marry one another, compounding their growing advantages in pay. Less-educated women like Ms. Schairer, who left college without finishing her degree, are growing less likely to marry at all, raising children on pinched paychecks that come in ones, not twos.Estimates vary widely, but scholars have said that changes in marriage patterns — as opposed to changes in individual earnings — may account for as much as 40 percent of the growth in certain measures of inequality. Long a nation of economic extremes, the United States is also becoming a society of family haves and family have-nots, with marriage and its rewards evermore confined to the fortunate classes.”

In unrelated but just as timely insights, a meteor crashed into the earth killing most of the dinosaurs . . .

 

 

Source:
Two Classes, Divided by ‘I Do’
JASON DePARLE
NYT July 14, 2012
http://www.nytimes.com/2012/07/15/us/two-classes-in-america-divided-by-i-do.html

Category: Wages & Income

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

14 Responses to “NYT: Financial Fates of Married vs Single Moms”

  1. BusSchDean says:

    Over time the USA dropped from the top position to near the bottom of developed countries (i.e., OECD members) in the percent of students who complete high school. in terms of the percent of population with at least an associates degree, Russia (#1) and Canada (#2) are now at the top. The USA now ranks 12th, also a drop from #1.

    In a recently discussion with a visitor from Central Asia I mentioned that our high school drop-out rate is about 25 percent and they were shocked. In their country high school completion is compulsory. Hmmm…

    The charts above clearly show that completing high school and maybe 2 or 4 years of college correlate not just with income.

  2. wisedup says:

    who needs college education? With the capture of the courts and polity by capital the 1% should dispense with the sham of an ivy league degree and instead provide their sons with a certificate of family cash.
    I wonder if Romney is avoiding his tithing obligation to the same extent he is avoiding taxes?

  3. RW says:

    Actually, Elizabeth Warren’s research* showed rather conclusively that the dual income of married households was necessary to stay even — as in even stay in the middle class — so the stronger inference from the fact that “married mothers do better financially than single mothers” is that, unlike single mothers, they don’t fall behind; i.e., they haven’t necessarily made significant economic progress in real terms.

    *Warren’s research basically showed that difficult to avoid large, fixed expenses — housing, education, insurance/medical, and transport — have grown faster than any other category so the second income earner is primarily making up the difference.

  4. dancingdiva says:

    Wow! Two incomes better than one? Who would have thought that! ….or in the words of my college days, “no shit, Sherlock”.

    And the Times next in-depth articles: Those with no cavities less likely to need dentures
    Obese people need larger suitcases
    Poor people have less education

  5. dr.j says:

    United States is also becoming a society of family haves and family have-nots, with marriage and its rewards evermore confined to the fortunate classes.”

    Actually, the benefits of marriage confined to those who are married, regardless of class.

    Let the left make marriage illegal, because it is such an unfair advantage.

  6. BusSchDean says:

    dancingdiva: The point is not in stating the obvious but rather in demonstrating that we now live in a world of our own making that we did not anticipate — ironic to be sure.

  7. Re: BusSchDean Says….”our high school drop-out rate is about 25 percent”

    You must be in a high net worth area. PDX (Portland, OR) has 55% completition rate for high school grads in 4 years. Yes, you read % that correctly!

    Re: wisedup Says….”who needs college education?”

    George Carlin stated the ‘why’ in http://youtu.be/4xb8PJV-l28

  8. Jim67545 says:

    The ability to group in self-supporting herds, schools, societies, religious clans, troups, tribes, and families has proven to be a competitive advantage in a Darwinian sense. With the isolation brought about by our modern entertainment and twitter’ed society plus the reduction of religion as a force and the growing prevalance of divorce, perhaps we are witnessing an evolutionary diversion which the study cited leads those individuals into a less competitive situation, viewed in an evolutionary sense. In paleolithic times having a (male) hunter AND a (female) gatherer was a definite advantage. Fast forward several generations and we’ll probably see either a reversion or extinction of this sub-society. Where are the sociologists and antropologists when you need them?

    Where I live just under 50% graduate from High School. Someone should be taken out and shot.

  9. Jim67545 says:

    Perhaps trying to mitigate the evolutionary disadvantages of a single parent household using government safety net programs is ultimately counterproductive.

  10. ashpelham2 says:

    Portland, Oregon has that high of a drop out rate? Jeebus…What is going on up there besides abysmal weather and extra paxil?

  11. BusSchDean says:

    “The national graduation rate increased to 75.5 percent in 2009, up from 72 percent in 2001. And the number of “dropout factories” — high schools where at least 60 percent of students do not graduate on time — fell from 2,007 in 2002 to 1,550 in 2010.” WaPo, March, 2012

    Looks like Oregon has some work to do:

    “State school Superintendent Susan Castillo cheered the increase in the state’s on-time graduation rate, which rose from 66 percent for the classes of 2009 and 2010 to 67 percent for the class of 2011.

    But Gov. John Kitzhaber called the 67 percent rate “unacceptable.”

    Most of Oregon’s large and medium-size districts failed to get even 70 percent of the students who entered high school in fall 2007 to earn a diploma within four years. “

  12. Bridget says:

    ” with marriage and its rewards evermore confined to the fortunate classes”

    Undoubtedly a conspiracy on the part of the 1% to oppress the 99%. Henceforth, only the 1% shall be permitted to marry.

  13. BusSchDean Says: “Looks like Oregon has some work to do:”

    http://www.oregonlive.com/portland/index.ssf/2012/05/portlands_high_school_graduati.html.

    Creative accounting is defacto in school districts admin policies

    “You know, comrades,” says Stalin, “that I think in regard to this: I consider it completely unimportant who in the party will vote, or how; but what is extraordinarily important is this — who will count the votes, and how.

  14. ZedLoch says:

    Obviously, gay marriage is at fault here.