Monologues By Hasi

Home Economics: Thoughts on Senator Elizabeth Warrens 'The Two Income Trap - Why Middle Class Parents Are (Still) Going Broke'

Episode Summary

A great transformation has occurred in the home economy in the past 50-60 years in America (as well as the west and major metropolises across the world) in that families have transitioned from a single breadwinner and a stay at home parent to families where both parents are engaged in the workforce. Surely a dual income family will have more money and a better standard of living? They do... until something goes wrong - then they find themselves in the two income trap! In this episode I discuss the controversial book by Senator Elizabeth Warren (Democrat) and her daughter Amelia Warren Tyagi.