The success sequence

family-2057301_640If you follow this sequence, exactly, in this order, there is only a 3% chance that you will become poor:

(1) Graduate from high school.

(2) Get a job.

(3)  Get married.

(4)  Have children.

If you omit any of these steps or if you do them in a different order (such as have children before you get married), your chances of becoming poverty-stricken skyrocket.

A recent study demonstrates the validity of this “success sequence” and goes on to observe that large numbers of today’s young adults are not following it and are experiencing the consequences.

After the jump, George Will discusses the findings.

 

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City vs. Suburbs

Retiring baby-boomers are increasingly moving away from their houses in the suburbs to condos in the city.  This makes sense.  Single and just-married adults living in small apartments when just starting out, then moving to larger homes, more space, and better schools in the suburbs when their family grows.  Then, when the nest is empty, moving back to smaller, lower-maintenance apartments when they reach retirement age.  With both the young and the old liking a stimulating environment close at hand with less driving.

But this hasn’t happened all that much until lately, and it goes along with some interesting demographic changes.  Poverty is up 64% in suburbs, twice the rate as in cities.  And the crime rate is falling in cities and rising in the suburbs.

Why do you think that is?  What can be done to improve suburbs?  Or make cities habitable for families?  And where do small towns fit into all of this? [Read more…]