New Yorker :: Leave No Parent Behind
Article

> The Harvard law professor Elizabeth Warren and her daughter
> Amelia Warren Tyagi demonstrate, in their forthcoming book “The
> Two-Income Trap,” that having a child is now the best indicator
> of whether someone will end up in “financial collapse.” Married
> couples with children are twice as likely as childless couples to file
> for bankruptcy. They’re seventy-five per cent more likely to be
> late paying their bills. And they’re also far more likely to face
> foreclosure on their homes. Most of these people are not, by the
> usual standards, poor. They’re middle-class couples who are in
> deep financial trouble in large part because they have kids.


And yet, paradoxically, where would our economy be right now without tweens?
posted by Tomohiro Idokoro @ 12:45 AM

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