Saturday, September 17, 2005

Marriage Helps Family Finances

According to a report by the Brookings Institution and Princeton University, stable marriage can increase the financial prosperity of couples and improves the lives of American children. The study finds that while the poor see lack of money as a barrier to marriage, a healthy marriage actually ensures them healthier finances in the long run. And this is true even when the couple had children out of wedlock. Brookings Institute is not conservative at all; Princeton University too. They highlight some signs of interest:
The Bush administration is proposing to spend $1.5 billion over the next five years to increase “healthy” marriages. Gays and lesbians are demanding the right to marry. A few states are reconsidering no-fault divorce laws and experimenting with new types of “covenant marriage.” And legislators are scrutinizing tax and transfer policies for “marriage penalties.”
The report consists of several articles including: Healty Marriage Programs: Learning What Works by M. Robin Dion (Mathematica Policy Research) on marriage education programs. Via World Magazine's blog. Reuters also carried a summary of the report.

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