Posts tagged with: Socioeconomics

cake topperThere is a lot of talk about “privilege” in our nation: white privilege, the privilege of the “1%,” privilege of living in one school district versus another. Yet, the greatest “privilege” in America is hardly ever mentioned. It’s a privilege that creates happy, healthy, smart kids, a privilege that helps ensure economic stability for everyone involved, a privilege that keeps our neighborhoods and cities safer and more productive.

It’s marriage. (I was going to say “mah-widge” and give a Princess Bride reference, but I’ll skip that.)

In yesterday’s National Review, writers Lee Habeeb and Mike Leven call the results of the “marriage privilege” startling:

In a report last year entitled “Saving Horatio Alger,” which focused on social mobility and class in America, Richard Reeves of the Brookings Institution discovered that the likelihood of a child raised by parents born into the lowest income quintile moving to the top quintile by the age 40 was a disastrous 3 percent. Worse, 50 percent of those children stay stuck in the bottom quintile. And the outlook for the children of those marriage-less children is equally stark.

That’s bad news for the country, and the American dream, such numbers. (more…)

Unemployment-0306Series Note: Jobs are one of the most important aspects of a morally functioning economy. They help us serve the needs of our neighbors and lead to human flourishing both for the individual and for communities. Conversely, not having a job can adversely affect spiritual and psychological well-being of individuals and families. Because unemployment is a spiritual problem, Christians in America need to understand and be aware of the monthly data on employment. Each month highlight the latest numbers we need to know (see also: What Christians Should Know About Unemployment).

Positive news is marked with the plus sign (+) while negative employment data is marked with a minus sign (-). No significant change is marked by (NC).
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1.21411In the latest addition to Mike Rowe’s growing catalog of pointed Facebook responses, the former Dirty Jobs host tackles a question on the minimum wage, answering a man named “Darrell Paul,” who asks:

The federal minimum wage is $7.25 and hour. A lot of people think it should be raised to $10.10. Seattle now pays $15 an hour, and the The Freedom Socialist Party is demanding a $20 living wage for every working person. What do you think about the minimum wage? How much do you think a Big Mac will cost if McDonald’s had to pay all their employees $20 an hour?

Rowe begins by recounting a job he had working at a movie theater for $2.90 per hour (the minimum wage in 1979). He served his customers, learned a host of new skills, and received several promotions in due course. Eventually, he decided to move on, pursuing areas closer to his vocational aspirations.

He worked. He learned. He launched.

Turning back to the present (and future), Rowe is concerned about the ways various labor policies have prodded many business owners to innovate ever-closer to full-blown automation, leading to ever-fewer opportunities for unskilled workers. “My job as an usher [at the theater] was the first rung on a long ladder of work that lead me to where I am today,” Rowe writes. “But what if that rung wasn’t there?” (more…)

pic_giant_020915_SM_Paul-Preaching-Raphael“Christianity undergirded the development of Western liberalism (in the old, good sense of the word),” says Rich Lowry. In fact, without Christianity there would probably not be anything like what we conceive as true liberty:

The indispensable role of Christianity in the creation of individual rights and ultimately of secularism itself is the subject of the revelatory new intellectual history Inventing the Individual by Larry Siedentop. Here’s hoping that President Obama gives it a quick skim before he next takes the podium at a prayer breakfast.

Siedentop begins his story with the ancients. The Greeks and Romans of pre-history weren’t secular; the family was, as Siedentop calls it, a religious cult run by the paterfamilias and suffused with ritual and assumptions of social inequality. We are all pro-family, but we can agree that ancestor worship takes it a little far.

At this time, Siedentop points out, the key distinction wasn’t between the public and private spheres, but between the public and domestic spheres, the latter characterized by the family with its rigidly defined hierarchical roles. There was no space for the individual with his or her own rights.

Read more . . .

unbalanced“The bottom half of the world’s population owns the same as the richest 85 people in the world.”

The stat was quoted last month in a report by the development organization Oxfam, but similar claims have become common. You’ve probably seen this statistic—or one like it—before in articles about economic inequality and assumed they must be somewhat true.

But they aren’t. In reality, they are completely meaningless.

One of the problems is that the comparisons are based on net worth (assets minus liabilities). If you aggregate all the people who have a negative net worth into one category and call them the “bottom half” then you come up with some peculiar conclusions. As Felix Salmon says, “My niece, who just got her first 50 cents in pocket money, has more money than the poorest 2 billion people in the world combined.”
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UnemploymentSeries Note: Jobs are one of the most important aspects of a morally functioning economy. They help us serve the needs of our neighbors and lead to human flourishing both for the individual and for communities. Conversely, not having a job can adversely affect spiritual and psychological well-being of individuals and families. Because unemployment is a spiritual problem, Christians in America need to understand and be aware of the monthly data on employment. Each month highlight the latest numbers we need to know (see also: What Christians Should Know About Unemployment).

Positive news is marked with the plus sign (+) while negative employment data is marked with a minus sign (-). No significant change is marked by (NC).
(more…)

School-Desks--Empty-Classroom--GENERIC-HD--1-9-09---18449637Back in October I offered five guidelines on “how to be a better guesstimater,” ways to hone your skills at guessing and estimation — guesstimation — that will help us minimize innumeracy.

A recent Washington Post article—“Majority of U.S. public school students are in poverty”—shows how applying these five tips could prevent people from falling for obviously inaccurate reporting. Here is the main claim of the article:

For the first time in at least 50 years, a majority of U.S. public school students come from low-income families, according to a new analysis of 2013 federal data, a statistic that has profound implications for the nation.
The Southern Education Foundation reports that 51 percent of students in pre-kindergarten through 12th grade in the 2012-2013 school year were eligible for the federal program that provides free and reduced-price lunches. The lunch program is a rough proxy for poverty, but the explosion in the number of needy children in the nation’s public classrooms is a recent phenomenon that has been gaining attention among educators, public officials and researchers.

Are those numbers accurate or even plausible? Let’s see how we could apply the tools of guesstimation to this claim.
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socialmobility-121One of the most important important socio-economic factors in America is also one of the least talked about: social mobility.

Social mobility is the ability of an individual or family to improve (or lower) their economic status. The two main types of social mobility are intergenerational (i.e., a person is better off than their parents or grandparents) or intragenerational (i.e., income changes within a person or group’s lifetime). While there is no truly adequate gauge to measure such opportunities, we can get a fair estimate based on measurements of social mobility.

And by that measure, African Americans are fairing poorly. The Brookings Institute recently highlighted three disturbing facts about the social mobility of black Americans:
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noun_86179_ccToday at Think Christian I reflect on President Obama’s State of the Union message last night. I think it was perhaps the best speech I have heard him give in terms of delivery and general tone. There are numerous things that one might quibble with in a speech of that length, of course.

My TC piece is an attempt to help us to put into proper perspective political promises and policy proposals. I look particularly at the question of economic inequality and the assumptions underlying the government’s redistributive actions.

As Danielle Kurtzleben puts it, “Obama is making a case that the economy’s distribution engine is broken, and that the recovery simply won’t fix it. His solution is for government to approach redistribution as a positive good rather than a necessary evil.”

_70189222_464_unemployedSeries Note: Jobs are one of the most important aspects of a morally functioning economy. They help us serve the needs of our neighbors and lead to human flourishing both for the individual and for communities. Conversely, not having a job can adversely affect spiritual and psychological well-being of individuals and families. Because unemployment is a spiritual problem, Christians in America need to understand and be aware of the monthly data on employment. Each month highlight the latest numbers we need to know (see also: What Christians Should Know About Unemployment).

Positive news is marked with the plus sign (+) while negative employment data is marked with a minus sign (-). No significant change is marked by (NC).
(more…)