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Because married people throughout time are wealthier. Married people make more money, married millenials own 70% of all the houses millenials have bought, marri

Because married people throughout time are wealthier. Married people make more money, married millenials own 70% of all the houses millenials have bought, married people are half as likely to be in proverty. If you have to choose a way for people to get wealthy between a college degree and marriage marriage would be the better decision by far.

lhorie 6y ago
Correlation is not causation
- DeonPenny 6y ago
  In this case because all other effects have been minimized across culture its causation across socio-economic classes
watwut 6y ago
Marriage does not make people wealthy at all. Instead, wealth makes people more likely to marry. People with real issues, whether mental or criminal or sick etcetc both don't marry and have significantly smaller income. People with issues divorce more often and have smaller income too.
- DeonPenny 6y ago
  Except for the fact that we know people with lower income become wealthier than peoeple with lower incomes. And we know that the poverty rate for married lower income people is twice as low as the poverty rate for singles.
  - watwut 6y ago
    > Except for the fact that we know people with lower income become wealthier than peoeple with lower incomes. And we know that the poverty rate for married lower income people is twice as low as the poverty rate for singles. We dont know that. Unmarried lower income people are more likely to have criminal record, more likely to have mental health issues, more likely to be the ones having hard time to keep jobs, more likely to have drugs related issues. Among women, those who got pregnant before marriage and much harder time to get any money and also are less interesting romance target for guys. People nowdays see marriage as something you do once you are set by your standars and that strongly biases who marry.
    - DeonPenny 6y ago
      And yet married couples are still wealthier. And we do know that. https://www.stlouisfed.org/publications/in-the-balance/2018/as-fewer-young-adults-wed https://www.stlouisfed.org/publications/in-the-balance/2018/... The fact that a college educated person earns less than what you claim is a mentally unwell, non job having drug addict is sad but no all to unobvious. Why would you think a teaching degree or psych degree major would earn more over their lifetime than a plumber or construction worker. The fact is single women benefit the most financially from marriage since single uneducated and college educated women have a much higher than average poverty rate.
feoren 6y ago
Even if I assume you have stats to back that up, don't you think there's an itsy bitsy chance you're operating with a huge correlation / causation fallacy here? Does getting married automatically make you more wealthy, or are people who are already wealthy more likely to get married? It seems almost obvious that if there is any causation, it's in the latter direction.

lhorie 6y ago

Correlation is not causation

DeonPenny 6y ago
In this case because all other effects have been minimized across culture its causation across socio-economic classes

watwut 6y ago

Marriage does not make people wealthy at all. Instead, wealth makes people more likely to marry. People with real issues, whether mental or criminal or sick etcetc both don't marry and have significantly smaller income. People with issues divorce more often and have smaller income too.

DeonPenny 6y ago
Except for the fact that we know people with lower income become wealthier than peoeple with lower incomes. And we know that the poverty rate for married lower income people is twice as low as the poverty rate for singles.
- watwut 6y ago
  > Except for the fact that we know people with lower income become wealthier than peoeple with lower incomes. And we know that the poverty rate for married lower income people is twice as low as the poverty rate for singles. We dont know that. Unmarried lower income people are more likely to have criminal record, more likely to have mental health issues, more likely to be the ones having hard time to keep jobs, more likely to have drugs related issues. Among women, those who got pregnant before marriage and much harder time to get any money and also are less interesting romance target for guys. People nowdays see marriage as something you do once you are set by your standars and that strongly biases who marry.
  - DeonPenny 6y ago
    And yet married couples are still wealthier. And we do know that. https://www.stlouisfed.org/publications/in-the-balance/2018/as-fewer-young-adults-wed https://www.stlouisfed.org/publications/in-the-balance/2018/... The fact that a college educated person earns less than what you claim is a mentally unwell, non job having drug addict is sad but no all to unobvious. Why would you think a teaching degree or psych degree major would earn more over their lifetime than a plumber or construction worker. The fact is single women benefit the most financially from marriage since single uneducated and college educated women have a much higher than average poverty rate.

feoren 6y ago

Even if I assume you have stats to back that up, don't you think there's an itsy bitsy chance you're operating with a huge correlation / causation fallacy here? Does getting married automatically make you more wealthy, or are people who are already wealthy more likely to get married? It seems almost obvious that if there is any causation, it's in the latter direction.