Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: JBTFD who wrote (17050)	3/20/2002 9:35:20 AM
From: AC Flyer	Read Replies (4) of 74559

>>All that Baron's article proves is that depending on how you pick your statistics, you can argue any side of the discussion.<< Don't confuse me with the facts, eh, Mark? >>I would point out that the quote from 1956 is true, in as much as our quality of life has deteriorated to the extent that 1 wage earner can no longer support a family. Now 2 parents working full time can do what one parent did working full time a generation ago.<< AFL-CIO claptrap. The average family in 1956 lived in a 1,200 square foot house, owned one car, few household appliances and took camping vacations. If you want to live that way you can do it now far more easily with one wage earner than you could in 1956. Families with two wage earners do this by choice - because women prefer work outside the home, because they choose financial independence, or because the family wants the increased spending power that two wage earners bring.

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