| ▲ | gruez 2 hours ago | ||||||||||||||||||||||||||||||||||||||||||||||
>to the point where raising a family on a single income is not a realistic goal for most people. Was this ever true? During the 1950s, (the perceived heyday of American middle class wealth) the female labor force participation rate was 35%[1], which was close half of the male labor force participation rate. | |||||||||||||||||||||||||||||||||||||||||||||||
| ▲ | janalsncm 2 hours ago | parent [-] | ||||||||||||||||||||||||||||||||||||||||||||||
1) Based on your numbers, 65% of women were not working at that time. 2) That 35% number was likely even lower for married women. 3) Racism was still a systemic problem and was bad. Black men were excluded from the GI bill for example. 4) In spite of that, the median American household needed only 2x their salary to buy the median house. That number is 5x today, and after taxes the ratios are 2.2x then vs 6x today, when two adults are often working rather than one. 5) In short, Americans are working much harder today. | |||||||||||||||||||||||||||||||||||||||||||||||
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