SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: pater tenebrarum who wrote (77816)3/9/2001 10:57:05 AM
From: Wyätt Gwyön  Read Replies (1) of 436258
 
another thing i wonder about is the effect of all these two-income households--2 people making 50-60K each and living 150K lifestyles (with a little help from a mortgage refi!). in the old days, when 6-figure salaries were mainly in single-income households, you could fire the top executives and it wouldn't be that many households. but now you have all these DINKs types working at schlocky companies down to their last round of VC cash and no hope of going public. as the economy contracts, that will mean a whole heckuva lot of "virtual 150K"-income households going down the tubes. economic effects are predicted by me to be the opposite of good.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News