Saturday, May 28, 2011

As the family goes, so goes the economy

As the family goes, so goes the economy
Consider a few examples:

* Married couple families generate the most income -- twice that of divorced households and four times that of separated households, according to one study.

* Intact, married families have the greatest net worth -- not just because they have two adults but because they have a longer-term outlook, are more thrifty and increase the earning ability of the head-of-household. Cohabiters have the lowest net worth growth of all family structures.

* Children in married, two-parent families enjoy more economic well-being than those in any other family structure, and are more likely to rise through the socio-economic ranks. A non-intact family background increases by over 50 per cent a boy’s odds of ending up in the lowest rank.
PDF of report

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