It is only 1/2 of 1% but it is dramatic. If you lose a manufacturing job that pays $54,000 an hour, and take a $35,000 job like somebody here was suggesting, your net income has dropped by 35%. Is that what is going to happen in this country?
It is in effect. No manufacturing jobs, so the wife works, and the couple together earn what a manufacturing job would have paid and more, for one guy with the wife at home.
No manufacturing jobs, so the wife works, and the couple together earn what a manufacturing job would have paid and more, for one guy with the wife at home.
Who says the wife has to work? I would never propose that forcing your spouse to go to work is a good solution.
Yes...and what are the "intangible" costs to our society as a result?