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Lack of Family Values Hurting Economy?
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FBN’s Stuart Varney sounds off on decline in the traditional American family.
- Duration 1:58
- Date Jan 14, 2013
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FBN’s Stuart Varney sounds off on decline in the traditional American family.
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My generation we the baby boomers have changed social behavior not -- for the good.
Here's my take on marriage and having children and first there are some really startling numbers 51%.
Of adults on -- that's eight just.
A generation ago it was 72%.
Clearly.
There's been a huge decline in the number is getting and staying mapped and by the white unless you what educated the less likely you ought to be -- Asked for having children another shock.
41%.
Of both sought to unmarried women a total reversal of what used to be the Knoll and the result is that more than -- thought about children being raised in single parent homes.
Look I'm making no moral judgment via.
But the shift in now morality has had a big impact our economy our financial expectations and especially -- politics have been affected.
How do you pay the bills in a single parent family.
How do you accumulate wealth.
Why not ask for help from the government food stamps Medicaid or cash well why not one -- elect politicians who give you the -- that's what we don't.
Like it or not but -- -- -- decline in the traditional family affects the vote and it hats.
And it certainly affects the living stent and the financial expectations of tens of millions of people.
Single parent who is a passport to poverty it is that the difficult to climb up a lot when you -- on your own with children.
Putting money aside saving for the future obviously very tough.
So the morality shift takes its poll on the American dream it creates a large group almost a majority who struggle.
And who lose hope of getting out of the hole that they've done.
I don't have a solution but I do know this there was a limit to how long this all any government can step in and help.
That help may be making the problem --