It is an understatement that it now takes two spouses working to equal the wages of a one-income family of forty years ago. Western wages have plummeted so low that a two-income family is now (on average) 15% poorer than a one-income family of 40 years ago. The average standard of living in the U.S. […]
Posts Tagged ‘standard of living’
Economic rape in the United States
April 7, 2012Rudely awoken from the American Dream
November 7, 2010The United States is a confused and fearful country in 2010. Some 47 percent of Americans don’t believe that the American Dream is still realistic. American companies are still world-class, but today Apple and Coca-Cola, Google and Microsoft are investing in Asia, where labor is cheap and markets are growing, and hardly at all in […]
