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Politics : The Obama - Clinton Disaster

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To: TimF who wrote (69399)4/9/2012 12:09:14 AM
From: DuckTapeSunroof1 Recommendation  Read Replies (3) of 103300
 
Re: [The slight decline in household size over the period of the nineteen seventies was MORE than offset by the rise of 'two wage earner' households over that same period, as WOMEN entered the working world in a big way.] "It doesn't ofset anything. If there is more income per person because there are more people working, than there is still more wealth per person."

You are tripping all over the words.

There was *NOT* significantly 'more income PER PERSON'... the term you are searching for is "per FAMILY".

In real terms --- per PERSON --- the seventies saw stagnation set in PER PERSON with wages, which began the squeeze on Middle Class incomes in particular.

The American Middle Class reacted to this by doing everything it could think of to pull in more money for their families... first the HOURS WORKED rose (workers worked harder and longer hours), next females entered the work force in large numbers (albeit at lower average wages than men) to help support their families.
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