Recessions's Silver Lining May be: Solidifying the Marital Bond

The Recession and Families: Post 2 of 4

“Judging by recent press reports,” writes Bradford Wilcox in the Wall Street Journal, “the family fallout associated with the Great Recession has been severe.” According to Money & Marriage, a report released recently by the National Marriage Project at the University of Virginia and the Institute for American Values, the financial pressures associated with the Great Recession can lead to a downward spiral of marital recriminations, tension and conflict as spouses struggle to pay bills, adjust to the loss of a job or find themselves forced out of their home. “This downward spiral is especially likely to unfold when a husband loses his job—a particularly salient reality in the current recession, where more than 75% of the job losses have fallen on the shoulders of men.”

According to Wilcox, “There may be a silver lining in all this financial pain. For most married Americans, the Great Recession seems to be solidifying, not eroding, the marital bond. To be sure, some couples have simply postponed a divorce until the economy rebounds, when they expect to have a better shot at starting new lives.” And anecdotal evidence suggests that a number of couples have responded to the recession by rededicating themselves to their marriages.

"Perhaps more important, the Great Recession is leading some spouses to develop a renewed appreciation for the social and economic solidarity engendered by marriage and family life. While it is true that the recession has been a source of harmful stress for many couples and families, a recent Pew Research survey found that about four in 10 Americans report that the recession has brought their family closer together."

Not Knowing is Making Us Sick

The Recession and Families: Post 1 of 4

"Psychologists and economists now know that although the very rich are no happier than the merely rich, for the other 99 percent of us, happiness is greatly enhanced by a few quaint assets, like shelter, sustenance and security. Americans are smiling less and worrying more than they were a year ago, happiness is down and sadness is up, we are getting less sleep and smoking more cigarettes and depression is on the rise."

Author Daniel Gilbert, in a NY Times article, asks Why? Some of us are clearly suffering in this recession, but it’s not as if we all lost all of our money.
"The reason is because people feel worse when something bad might occur than they do when something bad will occur. Most of us aren't losing sleep and sucking down Marlboros because the Dow is going to fall another thousand points, but because we don't know whether it will fall or not -- and human beings find uncertainty more painful than the things they're uncertain about."

"Consider an experiment by researchers at Maastricht University in the Netherlands who gave subjects a series of 20 electric shocks. Some subjects knew they would receive an intense shock on every trial. Others knew they would receive 17 mild shocks and 3 intense shocks, but they didn't know on which of the 20 trials the intense shocks would come. The results showed that subjects who thought there was a small chance of receiving an intense shock were more afraid -- they sweated more profusely, their hearts beat faster -- than subjects who knew for sure that they'd receive an intense shock."

A very interesting piece about human nature.