Income mobility. Poverty. How to create best results.
Topics that generate a lot of interest in the discussion of politics, government and the role of government.
I have discussed how marriage can impact the GINI coefficient measuring income disparity in populations and more recently had conversations regarding the impact of marriage on social mobility. I feel that the more married we are, the more mobile we are:
I suspect that it [ social mobility] has to do with several things, but I feel that our declining marriage rate and the number of immigrants are leading reasons.
I came across an interesting piece of data from the Brookings Institute:
The Immediate Prerequisites to Success Are:
- Recieve a good education [graduate high school]
- Work full time
- Marry [And do it before having kids]
The results are staggering:
If an individual adheres to zero of those three social norms, he has a 76% chance of being poor. Only a 7% chance of attaining the middle class.
On the other hand, if an individual adheres to all three of those social norms, an almost exact opposite picture is painted. An individual stands a 74% chance of attaining middle class and only a 2% chance of being poor.