Business Friendly

Written by SK Ashby

(Cartoonist - Nick Anderson)

In other news, daily coronavirus infections of fallen below 100,000 per day for the first time in months with the 'summer surge' waning. This reminds me of last year when there was a lull before the holiday surge.

Meanwhile, the U.S. Energy Information Administration estimates that global carbon emissions will continue to grow until at least 2050 even accounting for trends toward renewable energy sources.

Finally, a Pew Research study found that almost 40 percent of young Americans are now living single.

A new study from Pew Research Center released Tuesday underscores the economic advantages of being married, especially as the share of single people in the U.S. has grown over the past three decades. The flip side, of course, is that it’s harder to be single, researchers say, since the unpartnered population earns less and has less education. Unpartnered men, in particular, are less likely to be employed.

The share of the U.S. population not living with a romantic partner during prime working years has grown from 29% to 38% from 1990 to 2019. Around 28% of single people between the ages of 25 to 54 are living with their parents, compared to 2% for married or partnered couples. Additionally, the growth of the unpartnered population over almost 30 years has been sharper in men than women, according to the Pew study, which used decennial census and American Community Survey data.

Policymakers should take notice since the unpartnered population is generally economically disadvantaged and less healthy compared to married people or those living with a romantic partner, said Richard Fry, a senior economist at Pew.

You can count me among those who think it's wrong that the majority of our tax code is almost exclusively rigged for married homeowners with children. It's not as if old school nuclear families don't need the help, but a huge number of Americans don't benefit from that and our lopsided code doesn't make it easier to start a family if you don't already have money. If money were no object, I would move in with my boyfriend tomorrow and I would no longer be among the 40 percent.

Unless you're just planning to go to the court house and sign some papers, getting married is also insanely expensive. How are you suppose to pay for a ceremony or even a reception when you're just worried about the cost of food on a weekly basis?