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To: am452
>>>>>>>One reason why are standard of living is higher today is the dual incomes. Most married women in the thirties did not work outside the home. How many families today would live like they do if you took the wife's income out of the picture?

BINGO! The fact that most families now have two wage earners has helped mask our relative economic decline, as shown by the fact that we've gone from having a third of the population taking home roughly 45% of the GNP in wages in the postwar period to the situation of today, where those two numbers are reversed. In real dollars, wages have been largely stagnant for decades. Of course, this purely economic analysis doesn't take into account all the family and societal problems caused by the need to have two wage earners instead of one in a family.

259 posted on 11/02/2007 9:33:23 AM PDT by Thorin ("I won't be reconstructed, and I do not give a damn.")
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To: Thorin
In real dollars, wages have been largely stagnant for decades.

Is that your feeling? Or do you have a factual source?

262 posted on 11/02/2007 9:36:46 AM PDT by Toddsterpatriot (What came first, the bad math or the goldbuggery?)
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