Monday, June 30, 2008

Family IS a fiscal issue

Jennifer Roback Morse, Ph.D. is the senior research fellow in economics at the Acton Institute. She's also a very astute observer of the importance of the family as related to the fiscal well-being of a civil society. Here's a clip from Morse's recent article, "Family Is a Fiscal Issue":


"The choice to have children inside or outside marriage is just another personal choice for each individual to make privately. But a recent report from the Institute for American Values shows that these seemingly private decisions can have serious, and expensive, costs to the taxpayer. They estimate that The Taxpayer Costs of Divorce and Unwed Childbearing amount to at least $112 billion each and every year, or more than $1 trillion each decade."


Read the complete article here. It's worth the read, even if you don't adhere to all the author's conclusions.

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