#3154
Mentioned in 6 episodes
The two-income trap
Why Middle-Class Parents Are Going Broke
Book • 2003
In this book, Elizabeth Warren and Amelia Warren Tyagi reveal how the financial stability of middle-class families has deteriorated despite the increase in dual incomes.
They argue that the rise in fixed living expenses, such as housing and education costs, and the decline in employment security have created a 'two-income trap.
' The authors propose several policy solutions, including subsidized daycare, school vouchers, tuition freezes for public universities, and stricter credit regulations to mitigate these financial pressures.
The book challenges the 'overconsumption myth' and highlights the need for institutional changes to support middle-class families.
They argue that the rise in fixed living expenses, such as housing and education costs, and the decline in employment security have created a 'two-income trap.
' The authors propose several policy solutions, including subsidized daycare, school vouchers, tuition freezes for public universities, and stricter credit regulations to mitigate these financial pressures.
The book challenges the 'overconsumption myth' and highlights the need for institutional changes to support middle-class families.
Mentioned by
Mentioned in 6 episodes
Recommended by Julien Saunders as a book highlighting the challenges of two-income households and the illusion of financial security it creates.
Ep 207: 3 practical tips for couples living on one income right now
Mentioned by 
Ben Shapiro as a fascinating look into how the development of women in the workplace has changed the economy.
Ben Shapiro as a fascinating look into how the development of women in the workplace has changed the economy.
Ep. 1535 - The Great Democratic Disconnect
Mentioned by Ben Shapiro in the context of discussing Elizabeth Warren's political positions and policy proposals.
Ben Shapiro in the context of discussing Elizabeth Warren's political positions and policy proposals.
Ep. 856 - Storm Warrening For Biden
Mentioned by 
Matthew Yglesias while discussing Elizabeth Warren's book and its critique of Joe Biden's bankruptcy reform work.
Matthew Yglesias while discussing Elizabeth Warren's book and its critique of Joe Biden's bankruptcy reform work.
Post-debate special!
Mentioned by Ben Shapiro when discussing Elizabeth Warren's views on universal childcare and its economic impacts.
Ben Shapiro when discussing Elizabeth Warren's views on universal childcare and its economic impacts.
Ep. 939 - Hunting For Hunter
Mentioned by Ben Shapiro as a book he wrote about ways to prevent people from getting caught in a spiral of having to earn more to buy real estate.
Ben Shapiro as a book he wrote about ways to prevent people from getting caught in a spiral of having to earn more to buy real estate. Ep. 1309 - The 'Experts' Want To Scare The Hell Out Of You. Don't Be Frightened.
