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by timnic 6615 days ago
I was watching a video by Elizabeth Warren of Harvard Law School on the topic the other day. The gist of it is (I think) basically that housing and healthcare are taking up most of the money of the middle class. In the 1970-ties a single earner could bring in enough money to support the whole family. Now in the middle class both parents have to work, which doubles the financial risk for the family if one of them (for example) looses a job. If you are interested: the link is http://www.youtube.com/watch?v=akVL7QY0S8A