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Reply to "Keeping up with your family"
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[quote=Anonymous]The reason that Elizabeth Warren became famous initially is that she and her daughter wrote a book, "The Two-Income Trap". In it, they point out that relative prices have changed. Clothes, toys, food, etc. are all much cheaper in real terms and consume a much smaller share of the family's budget. The cost of housing, however, especially in a "good" school district has skyrocketed. The costs of healthcare, college, and childcare have also risen relative to the average family income. [/quote]
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