Unemployed slackers do not determine economic growth.
I explained that fact in post #24. PAY ATTENTION!
Here's the remedial recap: women entered the workforce en masse back in the 1970's.
The two-earner family was an anomaly.
The current trend is reversing that. You will see *both* economic growth and rising unemployment as that anomaly is corrected.
Key Point: 1-earner family units in the future. This might not be male-dominated, either. Single moms working and stay at home, yet married dads.
“The two-earner family was an anomaly.
The current trend is reversing that. You will see *both* economic growth and rising unemployment as that anomaly is corrected.
Key Point: 1-earner family units in the future. This might not be male-dominated, either. Single moms working and stay at home, yet married dads.”
40 percent of all American children are born out of wedlock today. This compares with 5 percent in 1965, and about 2 percent back in the 50s.
If you, as a single mother, can make 15k a year, every year, without fail, why marry? That’s the exact same amount as a minimum wage single earner family will earn working minimum wage full time for the entire year.
It’s very, very doubtful that you’ll see this arrangment. Maybe in 5 percent of the cases. What you will see in 95 percent of these examples unmarried men, and women, and single women with children.
We’re not passed the 50 percent mark yet, but give it another few years and you will.
As soon as you mentioned 1970 as if it were somehow relevant, I knew there was no use trying to convince you otherwise. All I can do is wish you all the best in the coming years. I think you are wrong about the country being in a healthy normal recovery. I think there is some real rough waters ahead of us and I am doing my best to be financially prepared and stocked up on important supplies.