Book Recommendation of the Day
Oct. 14th, 2003 01:35 pmThe Two-Income Trap: Why Middle-Class Mothers and Fathers Are Going Broke
Presenting carefully researched economic data to support their arguments, the authors contend that, contrary to popular myth, families aren't in trouble because they're squandering their second income on luxuries. On the contrary, both incomes are almost entirely committed to necessities, such as home and car payments, health insurance and children's education costs. When an unforeseen event such as serious illness, job loss or divorce occurs, families have no discretionary income to fall back on.
A nice companion book to this would be Nickel and Dimed: On (Not) Getting By in America
If you think unions are a thing of the past, you've got another thing coming. It was societal stressors like these that birthed them in the first place. They still suck? Imagine how much louder the suck can get -
Presenting carefully researched economic data to support their arguments, the authors contend that, contrary to popular myth, families aren't in trouble because they're squandering their second income on luxuries. On the contrary, both incomes are almost entirely committed to necessities, such as home and car payments, health insurance and children's education costs. When an unforeseen event such as serious illness, job loss or divorce occurs, families have no discretionary income to fall back on.
A nice companion book to this would be Nickel and Dimed: On (Not) Getting By in America
If you think unions are a thing of the past, you've got another thing coming. It was societal stressors like these that birthed them in the first place. They still suck? Imagine how much louder the suck can get -