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  • user warning: Table './conserva_drupal/cache_filter' is marked as crashed and should be repaired query: UPDATE cache_filter SET data = '<p>PATTERN FOR SUCCESS: September 19, 2018</p>\n<p><img alt=\"\" src=\"http://conservativechronicle.com/sites/default/files/Jeffrey.gif\" /></p>\n<p>Every year, the U.S. Census Bureau releases new data on income trends in the American population that reinforce certain traditional lessons about life &mdash; which may be why liberals do not talk about this data much.<br />\n Are there any patterns in the lives of those who do &mdash; and do not &mdash; succeed financially in the United States? Yes.</p>\n<p> FOR EXAMPLE, people who stay in school longer and graduate tend to earn more money than people who do not.<br />\n Table PINC-03, which the Census Bureau released last week, categorizes Americans 25 and older by their &ldquo;educational attainment&rdquo; and their &ldquo;total money earnings&rdquo; in 2017.<br />\n Those with a &ldquo;less than 9th grade&rdquo; education made the least. They had median earnings of $23,849.<br />\n Those who went to high school but did not graduate had median earnings of $25,237. Those who graduated from high school but did not attend college had median earnings of $32,320. Those who attended some college but did not earn a degree had median earnings of $36,633. Those who earned an associate degree had median earnings of $40,322.<br />\n Those who earned a bachelor&rsquo;s degree had median earnings of $53,882; a master&rsquo;s, $70,358; a doctorate, $94,854; and a professional degree, $100,276.<br />\n The pattern is obvious: A higher degree tends to pave the way to a higher income.<br />\n In Table HINC-01, the Census Bureau presents household income categorized by &ldquo;selected characteristics&rdquo; of the household. One of these is whether &mdash; and how much &mdash; the householder works.<br />\n In households where the householder did not work at all in 2017, the median income was $32,178. In households where the householder worked 50 weeks or more at a part-time job, the median income was $56,510. But in households where the householder worked a full-time job for 50 weeks or more, the median income was $86,590.<br />\n The obvious pattern: The more you work, the more you earn.<br />\n The Census Bureau also looks at household income by family structure.<br />\n Nonfamily households had a median income of $36,650 in 2017. Women householders with no spouse present had a median income of $41,703. Male householders with no spouse present had a median income of $60,843. But traditional married-couple families had a median income of $90,386.</p>\n<p> THE OBVIOUS pattern: Married Americans tend to earn more than unmarried Americans.<br />\n Table HINC-04 in the Census Bureau data indicates that family income also varies depending on the presence of children in the home.<br />\n Married couple families with no children under 18 had a median income of $84,944, while married couple families with children under 18 had a median income of $97,964.<br />\n When work, marriage and children are combined, according to the Census Bureau Table FINC-04, median income goes even higher. In married couple families where both the husband and wife work full-time year-round, the median income was $127,718 in 2017.<br />\n If the married couple working full-time year-round had one child between six and 17 years old, their median income was $131,271. If they had two or more children in that age bracket, their median income was $133,921.<br />\n The lesson: Raising children may cost money, but it inspires traditional married couples to make money.<br />\n The Census Bureau also reports that younger people generally do not make as much money as middle-aged people. They must persist and work for a while before they hit their earning peak.<br />\n Married-couple families in which the householder is 24 to 34 have a median income of $80,381, according to Table FINC-02. That rose to $101,682 when the householder was 35 to 44 and peaked at $112,407 when the householder was 45 to 54.<br />\n In the current American population, those who finished school, worked, married, had children and persisted in work, marriage and child rearing are likely to be independent and self-sufficient.<br />\n Liberal American politicians often argue that the best way to help those with lower incomes is to use the power of government to redistribute wealth from those with higher incomes.</p>\n<p> A MORE effective strategy would be to restore throughout this country the values that history &mdash; and Census Bureau data &mdash; demonstrates motivate a free and independent people.</p>\n', created = 1574198166, expire = 1574284566, headers = '', serialized = 0 WHERE cid = '2:eb1b91a69fca364ef0c6268eb59bb821' in /home/conserva/public_html/includes/cache.inc on line 112.
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Lesson from income data: Study, work, family, persistence

PATTERN FOR SUCCESS: September 19, 2018

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