October 30, 2011
Your Thought for the Day

This [income] stagnation is less a statement about the structure of America’s economy than about its culture. As Ronald Haskins, also of the Brookings Institution, wrote in an essay for the publication National Affairs, “economic mobility is constrained above all by personal choices and behaviors.” He argues that society’s leaders “should herald the ‘success sequence’: finish schooling, get a job, get married, have babies.” If Americans finished high school, worked full time at a job that matched their skills and married at the rate they did in the 1970s, the poverty rate would be cut 70 percent.

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Posted by scott at October 30, 2011 08:48 AM

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