On the fiscal and economic impact of unmarried childbearing

by Ryan Streeter on July 12, 2013. Follow Ryan on Twitter.

Mike Hicks of Ball State University writes:

[I]f we could erase the costs of unwed parenting, our budget would instantly run a dramatic surplus. By my reckoning we’d save just under $1 trillion in federal spending per year and probably another $1 trillion in state spending. It is bigger annual cost than any other budget outlay, including wars in Iraq and Afghanistan. Moreover, these kids fail in school and in life at rates far higher than their peers, perpetuating the problems.