Taxes and the Economy

Information about Taxes, Government Spending and the Economy - Its affect on us

 

Article Index

What Is A Christian Nation

Biblical References in Give Me Liberty Speech by Patrick Henry

HISTORICAL RECORD: Winter Months Grazing for Sheep in Bethlehem area

Fox News December 24, 2013: Too cold for shepherds in December

The Real Lincoln - Despot

Is the Constitution Really Inimical To States Rights? - Part Fourteen

MYTH: Too cold for shepherds to Tend Flocks in December - Part 2

Gun Control Coming to the Senate Floor on Monday

74th Anniversary of 'Gone with the Wind' premiere

The First Thanksgiving Day - flyer

The Death of Jefferson Davis - December 6 1889

Marietta Daily Journal - on The First Thanksgiving

Demonstration against Lindsey Graham & Southern demographic displacement

MYTH: Too Cold For Shepherds in December

December 4 was First Thanksgiving, in Virginia, not Plymouth

Next League Demonstrations Against Southern Demographic Displacement

Federal Government Propaganda Machine

What is wrong with Thumping the Bible?

Drones for our protection. For those who will believe anything!

Southern Independence: Antidote to Tyranny

One of the Causes of the Declining US Society - Family Income (Part 2)

Part 1 (see: One of the Causes of the Declining US Society - Family Income ) concluded:

The decline in family income has been more dramatic since the current recession started, at least since it "Offically" started!

The impacts of the stagnant and declining family income will be covered in the next article. Will close this article by leaving a question with you:

How many of your politicans have you heard discussing why family income has been stagnant or declining for decades?

The answer to this question is very few, if any. So lets take a further look at the impacts, since our fearless (corrupt?) elected officials do not have the courage to present the Truth.

married family incomes: wifes working vs not working The upper curve in this chart shows that married-couple families with the wives in the labor force increased their inflation-adjusted family incomes during the past 25 years.

The lower curve shows inflation-adjusted family incomes were stagnant to falling where the wives were not in the labor force, which reflects stagnant to falling real income of full-time working males during that period. That's a sharp departure from pre-1970 when wives could stay home and still family incomes rose twice as fast as inflation.

Although this chart clearly shows the motivation factor for wives entering the work force more than ever before, still these working wives only increased their family incomes over that 25 year period only about 0.8% per year ahead of inflation. Even that increase is way below what families were doing with but one wage earner prior to 1970 (as seen in the chart at the top of this report). Additionally, this meager gain is even more meager when we recognize that today's average female has more 'education' than prior generations, plus have the capacity to earn more than pre-1970 woman.

Of course, the lower curve shows a net decrease in income of families with non-working wives of about 0.2% per year below inflation.

Its clear that even married-couple families are under pressure, compared to prior generations.

Highly Recommended Source: http://grandfather-economic-report.com/family_a.htm

To many of our younger readers born lower down the slippery slope, the above chart may mean very little. For most of the life of a majority of younger folks, the typical household in which there were two parents - both worked. Many or at least some probably believe that is the way it has always been and is the normal state of the world.

Those born a bit further up the slippery slope know from experience that this a change of the last few decades.

married working mothers with children below age 6 - up 6 times A DRAMATIC IMPACT compared to when I was young

2-PARENT FAMILIES WITH CHILDREN UNDER 6 YEARS,

BUT WITHOUT FULL-TIME MOTHERS

The right chart shows two years: 1950 vs. 2005 - - for the percent of working married mothers with children under age 6. Note, we are talking about MARRIED mothers of infants.

A 6 times increase in the percentage - - from 11% in 1950 to 61% in 2005. (white - 58%, black = 65%) - data from Bureau of Labor Statistics Feb. 2007 http://www.bls.gov/opub/mlr/2007/02/art2full.pdf

Most likely, much of that surge was driven by money and the pressure on family incomes compared to 1950 - - much under pressure of falling real incomes of full-time working males (as shown in a later chart).

Certainly mothers matter to children and to their development, and are more important for their development than non-mothers. Or, don't they matter?

Therefore, children with full-time mothers must benefit much more than those warehoused most of the day away from mother - but as this chart shows, a higher percentage of children than ever before do not benefit from full-time mothers, even by married mothers who have more opportunity to be home.

Another piece of critical data: 76% of married working mothers with children age 6-17 were in the labor force in 1995. So, here too, huge percentages of married mothers are missing from their children in the prime years of education and discipline. This must impact the quality of education and respect. (data researched by Jack Taylor)

Families supported by one wage earner, another relevant statistic - - In 1950, 60% of married couple families had a single wage-earner, because income levels were sufficient. In 2000, only 10% of families had a single wage-earner.

Highly Recommended Source: http://grandfather-economic-report.com/family_a.htm

At this point, some will be saying "So What?"

To these folks Hillary Clinton's "it takes a village to raise a child" is a desirable approach. Some will say that believing that it is desirable for young children to have a full time Mother is old fashioned discrimination against women. Same sex marriage proponents will say two females or two males are better than a full time Mother and Father. And so on ...

Others will say that this direction is wrong and is contributing to a breakdown of the Family which is detrimental. Divorce rates, illegitimate births, single parent households, increased suicide and drug usage rates, increased reliance on government support and so on are the fruit of this situation. These folks will recognize the signs of a declining or sinking society.

If the former group become a large enough portion of society some day the country will even elect a President who openly supports a redefinition of marriage and if successful the trend will become irreversible.

This where our country is today. The two worldviews are becoming less compatible. There is no question about which view was used as the basis for the founding of this country. I hope that this article series gives you enough information for you to consider where you stand. Do you believe that the Family is the cornerstone of society - or - do you believe that the generations that built the most prosperous nation in modern times were just old fashioned and are out of touch?

The next part will address some other impacts of stagnant and declining family income. In the meantime take a few minutes and read some of the Grandfather Reports, it will be time very well spent. http://grandfather-economic-report.com/

To be continued:

 

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