Teaching the "economic success sequence"

Investment Analysis Clubs Macro Economic Trends and Risks
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I hope the also have a section on arithmetic. Crony capitalism makes it very hard to force the numbers to add up.

free link:
https://wapo.st/4rDd3bl

Readers comments to the article are illuminating.

intercst

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"…a 2017 report by the American Enterprise Institute and the Institute for Family Studies…found that 97 percent of adults between ages 28 and 34 who followed the steps outlined in the sequence were not poor.

“The findings held true across racial groups — 76 percent of African American and 81 percent of Hispanic millennials who married before having a baby were in the middle- or upper-income brackets, as were 87 percent of White millennials, the report shows.”

DB2

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From the beginning of the article….

Proponents call the “something” the “success sequence.” The steps are simple: Graduate from high school. Find a full-time job. Get married before having kids.

That sequence is often attributed to Walter Williams. He has written about it for at least 20 years if not more.

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I’m all for teaching strategies that improve life outcomes and the pathway that have outlined makes a certain amount of sense.

One of the key steps is not having kids before you are somewhat settled life-wise. Seems like an obviously conclusion. The good news is that since the 1990s, unwed teen birthrates have declined by 75%. This is almost entirely explained by two things:

  1. comprehensive (not abstinence only) sex education.
  2. Easy access to effective contraception, especially LARCs.

Unless they are including those two steps in their lesson program, they’re not serious. Looking at the states that are advancing the economic success sequence, I’m guess they aren’t aren’t serious.

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