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General Parenting Discussion
Reply to "It’s official. Your kids are out of control people. "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous] [/quote] Very few families actually need two income earners.[/quote] Maybe in your bubble!!! The vast majority of America has to have 2 incomes, just to avoid losing their housing and to have food on the table.[/quote] No, the vast majority of America will not lose their house or starve if they had to go to one income. Do you know what vast majority means? Yes, there are a lot of people who need the second income, but that's not what you said. Also, many of those would not need the second income if they chose to live within their means. People buy more house than they should, new cars too often, charge every whim etc.[/quote] Uh, 6/10 Americans don’t have $500 in savings. And, no, it’s not because they’re profligate. People earning the median income can no longer afford the median priced new home, and they barely qualify for the median priced existing home —if they don’t have medical or educational debt. The average new car price is 61 percent of the US median income. [/quote] I grew up in the Midwest. Nobody has money to burn, not even the doctor. They lived in a decent house, but it’s decent, not spectacular. And the percentage of families who are scraping by, even with two incomes? Most of the families keeping their heads above water have one or both of the parents working a second job. Teens usually contribute to the family when they work, instead of divvying their money up between savings and spending.[/quote]
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