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Two-income Trap : Why Middle-Class Parents Are (Still) Going Broke (Reissue, Updated) (Paperback)

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Revolutionary when it was first published in 2003, The Two-Income Trap remains disturbingly relevant today. In this exposé, Senator Elizabeth Warren and financial consultant Amelia Tyagi show that modern middle-class parents are increasingly trapped by financial meltdowns. Astonishingly, sending mothers to work has made families more vulnerable to financial disaster than ever before. Today’s two-income family earns 75% more money than its single-income counterpart of a generation ago, but has 25% less discretionary income to cover living costs. Warren and Tyagi reveal how the ferocious bidding war for housing and education has silently engulfed America's suburbs, driving up the cost of keeping families in the middle class. Now with a new introduction by the authors, Warren and Tyagi show why the usual remedieschild-support enforcement, subsidized daycare, and higher salaries for womenwon't solve the problem, and propose a set of innovative solutions, from rate caps on credit cards to open-access public schools, to restore security to the middle class.
Edition: Reissue, Updated
Number of Pages: 257
Genre: Social Science
Sub-Genre: Sociology / General
Format: Paperback
Publisher: Perseus Books Group
Author: Elizabeth Warren
Language: English
Street Date: April 12, 2016
TCIN: 50597405
UPC: 9780465097708
Item Number (DPCI): 248-08-6688
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