I read it a while ago, however we are actually worse off today than people 30-40years ago.
30-40 years ago a family could get by with one income, and have a house, car, go on a vacation once in a while, etc.
Today a family is very lucky if they can get by with one income. We need to have two income households to cover the expenses that 30 years ago were covered by one income. And not all of it has to do with house size, etc.
Quote:
Originally Posted by VivaLFuego
Please cite or retract this.
Per Capita Income, 2008 Dollars, per U.S. Census Bureau:
2008 $26,964
2006 $28,141 (peak)
2000 $27,939
1990 $22,976
1980 $19,373
1970 $15,721
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