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Wednesday, August 25, 2010

The cost of kids and families

The Iconoculture newsletter consistently delivers at least one brief nugget I want to read more about. Yesterday’s edition was no different. It led me to a story from Newsweek, which suggests that the “typical” middle-class family (husband-and-wife, with HH income of roughly $76,250 in 2009) spends an average of $12,000 per year per child. Click here to read the full story, which was focused on government policy.

Implications: For those of us who can’t wait for the research potpourri that will begin to roll out with the census numbers this fall and winter, it’s always fun to get a taste of whatever “statistical soup” happens to be available.

Now, I just have to think back to the last time I saw anything that looked like a “typical” family!

Mike Anderson

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