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Reply to "Who are these families with household incomes of $45k or $60k? $70k?"
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[quote=Anonymous]Lots of factors at play -A huge percentage of American kids are from single parent households. Something like 30% of white kids, 50% of hispanic kids and 70% of AA are now born out of wedlock. -Many families choose to have a stay-at-home parent. It's really only since I've lived in DC that I've encountered so many dual-income homes. My friends outside this area generally live in one-income households. -A not insignificant number of child-rearing Americans are on social-security disability. As far as I can calculate it's at least 9 million adults of child-rearing age. Many of these adults have children and social security disability income is currently $11K/year. -Minimum wage varies from $7.25 to $17.27 per hour in different states. That's $20K to $36K/year (assuming a 40 hour work week with either paid leave or no weeks off during a year). Point: [b]There are a TON of kids who grow up in poverty or near-poverty in America. [/b][/quote]
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