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>In 1970, the family structures of the rich and poor did not differ that greatly. Now there is a chasm between them. As of 2005, 85 percent of children born to
by mech1234 7y ago
>In 1970, the family structures of the rich and poor did not differ that greatly. Now there is a chasm between them. As of 2005, 85 percent of children born to upper-middle-class families were living with both biological parents when the mom was 40. Among working-class families, only 30 percent were. According to a 2012 report from the National Center for Health Statistics, college-educated women ages 22 to 44 have a 78 percent chance of having their first marriage last at least 20 years. Women in the same age range with a high-school degree or less have only about a 40 percent chance. Among Americans ages 18 to 55, only 26 percent of the poor and 39 percent of the working class are currently married. In her book Generation Unbound, Isabel Sawhill, an economist at the Brookings Institution, cited research indicating that differences in family structure have “increased income inequality by 25 percent.” If the U.S. returned to the marriage rates of 1970, child poverty would be 20 percent lower. As Andrew Cherlin, a sociologist at Johns Hopkins University, once put it, “It is the privileged Americans who are marrying, and marrying helps them stay privileged.”
I think this paragraph has a lot to say about how marital cooperation helps wealth creation. I've seen statistics (a long time ago) that a married couple only consumes 1.4 times the living expenses of a single person. The rest can go in the bank or into a higher standard of living. This also has the economic benefit of diversification, where the family can still make ends meet if one income is lost.
"Marriage inequality" does not seem to be a category of inequality that can ever be addressed through government led redistributive efforts.