The Recession and Families

In the Atlantic, Sharon Lerner says that single moms aren't the only group who has been traumatized by the crappy economy. Families, with married or unmarried parents, are especially vulnerable, because their expenses are so high. 

But, according to Shawn Fremstad, author of the CEPR report, "Married couples with kids are even more recession-sensitive," having more expenses and less flexibility than people without kids and further to fall than single parents.

I'm not sure if married couples are really in a worse position than single parents. All parents have it tough in this economy.

Education is the biggest problem. Parents have to help support their college aged kids. They also have bought homes in communities to get access to good schools. Housing, in many cases, is an education and child related expense.

There are daycare expenses for younger kids.

If one parent has taken a career hit to cover the gaps in child coverage during the school year, then that person can't pick up the slack if the bigger earner loses his or her job. 

COBRA to cover an entire family is crushing. When is Obamacare beginning? Not soon enough. 

There's not enough of a safety net in this country.