The Council of Economic Advisers on the Changing American Family

The 2000 Annual Report of the US Council of Economic Advisers (a document exceeding 300 pages, formally an Annex to the Economic Report of the President Transmitted to the Congress February 2000, Washington, DC: US Government Printing Office) devotes considerable space to a discussion of the demographic and economic changes affecting families in the United States. Excerpts reproduced below from the first part of Chapter 5, titled “The Changing American Family,” examine the relevant trends in a broad historical perspective, drawing on data in some cases spanning the entire twentieth century. The second part of this chapter discusses the “money crunch”: financial constraints “that still burden many families despite the remarkable growth in the American standard of living,” and the “time crunch”: shortage of time devoted to family needs “that results from the increased participation of parents, especially mothers, in the paid labor market.” Policies designed to address these problems are also discussed in the second part of the chapter.