From the WSJ,
More couples are deciding to live together instead of marrying, and strained finances are a top reason many cite. A survey last year by the nonpartisan Pew Research Center found that among those who live with a partner and wish to get married, more than half said they or their partner weren’t financially ready.
About half of middle earners were married in 2018, a drop of 16 percentage points since 1980. Among the highest U.S. earners, 60% were married in 2018, a decline of 4 percentage points over the same period. That marks a reversal. In 1980, a higher proportion of middle-class Americans than top earners were married.
1. You have to decide whether or not to have children.
2. You have to decide whether to live independently or together.
3. If you live together, you have to decide whether or not to get married.
It seems to me that the decision that ought to most be affected by economic circumstances is (1). Raising children is expensive. And that decision in turn would affect (2) and (3).
Whatever you decide about (1), I can also see (2) having an effect, since it is cheaper to live together. And that in turn would affect (3).
But mostly the article is written as if financial status directly affects (3). Both the headline and one of the academics quoted in the story refer to marriage as having become a “luxury good.”
I don’t see (3) as the likely margin along which financial status affects decisions. Something is wrong with this picture.
If the chain of thinking were “We’ve decided that we can’t afford children, and if we can’t afford children then there is no point in getting married,” would make sense. It also would be very sad.
But the article says:
More couples are forming families without matrimony. One in four parents living with a child is unmarried, according to Pew. More than one-third of them are living with a partner, up from one in five in 1997, the Pew study of 2017 data found.
Seriously? People are thinking We wanted children, but getting married seems like too much of a commitment. We can’t afford to make that kind of commitment yet. ?????
I still think that replacing means-tested entitlements with a UBI would make low-wage men more attractive as marriage partners. Indeed, the article profiles a couple with children who fit with my model of non-marriage.
They said they want to get married but are holding off because Ms. Dlouhy is enrolled in a publicly funded program that pays for her to earn a nursing license. Combining their income could jeopardize that assistance, she said, as well as her state health-insurance subsidies.