Family – the core of America's economy

Monday, March 7, 2016
 | 
Bill Bumpas (OneNewsNow.com)

Family riding bicyclesA conservative political organization has developed a new formula that demonstrates the link between economic and social policy in determining family prosperity.

Economist J. Scott Moody is director of the Family Prosperity Initiative and a senior research fellow for the American Conservative Union Foundation. He tells OneNewsNow this group has launched the "Family Prosperity Index" – using primarily government data – to measure the relationship between economic and social policies on a state-by-state basis.

Moody explains that for a long time, the U.S. has used the gross domestic product (GDP) as an economic barometer to gauge the status of America's prosperity.

Moody

"What is GDP actually really measuring?" he asks. "It's measuring all the economic activity in America into one amorphous number – but it doesn't really tell you whether ... people are prospering or families are prospering. So we really focus on the core engine of America's economy, which is the family."

Moody explains that FPI's index is a broader, more holistic view of how families and the economy impact each other. "A citizen can see how [their] state is doing for family prosperity and then hold their policymakers accountable [if their state isn't] doing as well as [a] neighboring state or with the U.S. average," he adds.

The inaugural Index ranks Utah first in family prosperity and New Mexico last.

Consider Supporting Us?

The staff at Onenewsnow.com strives daily to bring you news from a biblical perspective. If you benefit from this platform and want others to know about it please consider a generous gift today.

MAKE A DONATION

Comments

We moderate all reader comments, usually within 24 hours of posting (longer on weekends). Please limit your comment to 300 words or less and ensure it addresses the article - NOT another reader's comments. Comments that contain a link (URL), an inordinate number of words in ALL CAPS, rude remarks directed at other readers, or profanity/vulgarity will not be approved. More details

SIGN UP FOR OUR DAILY NEWSBRIEF

SUBSCRIBE

VOTE IN OUR POLL

Bottom line: What's the REAL reason Democrats' are so adamant about blocking Kavanaugh's confirmation?

CAST YOUR VOTE

GET PUSH NOTIFICATIONS

SUBSCRIBE

LATEST AP HEADLINES

Kavanaugh, Ford agree to testify on Thursday
US seeks to curtail green cards for immigrants on public aid
Travel still dangerous in flooded areas of North Carolina
Iran summons Western diplomats over parade attack killing 25
Trump wants to rid Justice Department of 'lingering stench'
Gunmen attack Iran military parade, killing at least 24
Survivor found inside capsized Tanzania ferry; toll hits 167

LATEST FROM THE WEB

Democrats threaten aggressive Kavanaugh probe if they win a majority in Novemb
Tentative agreement reached for Kavanaugh-Ford hearing on Thursday, source says
Law protecting Christianity since 1690 to be reversed
Grassley grants Kavanaugh accuser another extension
UK leader May hits back on Brexit plan; Pound falls

CARTOON OF THE DAY

Cartoon of the Day

REASON & COMPANY

NEXT STORY
God's miraculous hand in an orphan's life

picture of Shu-WeiA Christian family in South Carolina is telling a remarkable story of how God is working so a blind orphan boy from China possibly may see for the first time.