First Things First

For Richer, For Poorer

Does marriage matter? People have been asking this question for decades.

For Richer, For Poorer: How Family Structures Economic Success in America examined how family structure impacts the economic fortunes of American families. Dr. Brad Wilcox, senior fellow at the Institute for Family Studies and Robert Lerman, professor of economics at American University, conducted the research.

They concluded that marriage is key to productive adulthood, stable families and healthy communities.

Five significant findings emerged from this study about the relationships between family patterns and economic well-being in America:

Strong and stable families are economically vital. Consequently, Wilcox and Lerman contend that business and civic leaders and policymakers should strengthen and stabilize marriage and family life in the U.S. And since the poor and working class feel the impact of the nation’s retreat from marriage most, Lerman and Wilcox believe the efforts should be focused on them.

The authors also recommend:

Lerman and Wilcox contend that the nation’s retreat from marriage is worrisome. It not only affects family inequality, but men’s declining labor-force participation and the vitality of the American dream.

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