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by cimorene12
4778 days ago
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Laurence Kotlikoff is really famous for his claim that plumbers actually lead pretty good lives. He says that a general practitioner would on average make only $423 more per year in discretionary income than a plumber. Here's a piece from him where he talks about the numbers involved. http://www.bloomberg.com/news/2011-03-09/study-hard-to-find-... |
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Our housing starts are less crazy today. I imagine lower demand goes hand-in-hand with lower wages.
This is just conjecture on my part though. I'd be happy to be wrong.