The end of the world (or at least the US middle class) as we know it….

[jonnycsd]

This is a really well documented presentation. Scary but true.

This country needs to take the hard choices – school choice vouchers, reduced (eliminated) government transfer payments, smaller government.

If not, we will become the demographic twin of Brazil.

[jonnycsd]

This is a really well documented presentation. Scary but true.

This country needs to take the hard choices – school choice vouchers, reduced (eliminated) government transfer payments, smaller government.

If not, we will become the demographic twin of Brazil.

[jonnycsd]

This is a really well documented presentation. Scary but true.

This country needs to take the hard choices – school choice vouchers, reduced (eliminated) government transfer payments, smaller government.

If not, we will become the demographic twin of Brazil.

[jonnycsd]

This is a really well documented presentation. Scary but true.

This country needs to take the hard choices – school choice vouchers, reduced (eliminated) government transfer payments, smaller government.

If not, we will become the demographic twin of Brazil.

[jonnycsd]

This is a really well documented presentation. Scary but true.

This country needs to take the hard choices – school choice vouchers, reduced (eliminated) government transfer payments, smaller government.

If not, we will become the demographic twin of Brazil.

[jonnycsd]

This is a really well documented presentation. Scary but true.

This country needs to take the hard choices – school choice vouchers, reduced (eliminated) government transfer payments, smaller government.

If not, we will become the demographic twin of Brazil.

[TheBreeze]

+ 76% increase in mortgage payment

How much bigger is the average house today? My guess is that the average house is at least 76% bigger.

+ 74% increase in health insurance

Medical science can fix a lot more problems today than it did back then. I also wonder how much of this is spent on seniors in the last 5 or so years of their lives.

+ 52% increase in cars (two incomes need two cars)
+ 100% increase in child care
+ 25% increase in progressive taxes

It seems like a lot of women today want to work. When you consider the increase in expenses, women need to make quite a bit just to “break even” versus what they could save by taking care of the kids themselves.

As for education, I suspect that most plumbers, electricians, auto mechanics, and other skilled blue-collar workers make more than most history majors. The key is to get a degree in something that employers want.

[TheBreeze]

+ 76% increase in mortgage payment

How much bigger is the average house today? My guess is that the average house is at least 76% bigger.

+ 74% increase in health insurance

Medical science can fix a lot more problems today than it did back then. I also wonder how much of this is spent on seniors in the last 5 or so years of their lives.

+ 52% increase in cars (two incomes need two cars)
+ 100% increase in child care
+ 25% increase in progressive taxes

It seems like a lot of women today want to work. When you consider the increase in expenses, women need to make quite a bit just to “break even” versus what they could save by taking care of the kids themselves.

As for education, I suspect that most plumbers, electricians, auto mechanics, and other skilled blue-collar workers make more than most history majors. The key is to get a degree in something that employers want.

[TheBreeze]

+ 76% increase in mortgage payment

How much bigger is the average house today? My guess is that the average house is at least 76% bigger.

+ 74% increase in health insurance

Medical science can fix a lot more problems today than it did back then. I also wonder how much of this is spent on seniors in the last 5 or so years of their lives.

+ 52% increase in cars (two incomes need two cars)
+ 100% increase in child care
+ 25% increase in progressive taxes

It seems like a lot of women today want to work. When you consider the increase in expenses, women need to make quite a bit just to “break even” versus what they could save by taking care of the kids themselves.

As for education, I suspect that most plumbers, electricians, auto mechanics, and other skilled blue-collar workers make more than most history majors. The key is to get a degree in something that employers want.

[TheBreeze]

+ 76% increase in mortgage payment

How much bigger is the average house today? My guess is that the average house is at least 76% bigger.

+ 74% increase in health insurance

Medical science can fix a lot more problems today than it did back then. I also wonder how much of this is spent on seniors in the last 5 or so years of their lives.

+ 52% increase in cars (two incomes need two cars)
+ 100% increase in child care
+ 25% increase in progressive taxes

It seems like a lot of women today want to work. When you consider the increase in expenses, women need to make quite a bit just to “break even” versus what they could save by taking care of the kids themselves.

As for education, I suspect that most plumbers, electricians, auto mechanics, and other skilled blue-collar workers make more than most history majors. The key is to get a degree in something that employers want.

[TheBreeze]

+ 76% increase in mortgage payment

How much bigger is the average house today? My guess is that the average house is at least 76% bigger.

+ 74% increase in health insurance

Medical science can fix a lot more problems today than it did back then. I also wonder how much of this is spent on seniors in the last 5 or so years of their lives.

+ 52% increase in cars (two incomes need two cars)
+ 100% increase in child care
+ 25% increase in progressive taxes

It seems like a lot of women today want to work. When you consider the increase in expenses, women need to make quite a bit just to “break even” versus what they could save by taking care of the kids themselves.

As for education, I suspect that most plumbers, electricians, auto mechanics, and other skilled blue-collar workers make more than most history majors. The key is to get a degree in something that employers want.

[Aecetia]

TB:

I would have predicted the same thing, but based on the information in this lecture, she said that the house size only grew from 5.8 to 6.1. This is at about the 21 minute part of the lecture. She said a lot of people thought that too. But the McMansions are not for most people as an entry level home. Homes are now being built for the top 20% instead. What was even more dramatic was the discussion about kicking people out of the hospital early and letting their relatives at home take care of them- “sicker and quicker.” Insurance that does not cover hospitalization, specialists or prescription drugs is being sold and she considers it worthless (as do I). Amazing information and it really bursts the myth of over spending and over consumption.

[Aecetia]

TB:

I would have predicted the same thing, but based on the information in this lecture, she said that the house size only grew from 5.8 to 6.1. This is at about the 21 minute part of the lecture. She said a lot of people thought that too. But the McMansions are not for most people as an entry level home. Homes are now being built for the top 20% instead. What was even more dramatic was the discussion about kicking people out of the hospital early and letting their relatives at home take care of them- “sicker and quicker.” Insurance that does not cover hospitalization, specialists or prescription drugs is being sold and she considers it worthless (as do I). Amazing information and it really bursts the myth of over spending and over consumption.

[Aecetia]

TB:

I would have predicted the same thing, but based on the information in this lecture, she said that the house size only grew from 5.8 to 6.1. This is at about the 21 minute part of the lecture. She said a lot of people thought that too. But the McMansions are not for most people as an entry level home. Homes are now being built for the top 20% instead. What was even more dramatic was the discussion about kicking people out of the hospital early and letting their relatives at home take care of them- “sicker and quicker.” Insurance that does not cover hospitalization, specialists or prescription drugs is being sold and she considers it worthless (as do I). Amazing information and it really bursts the myth of over spending and over consumption.

[Aecetia]

TB:

I would have predicted the same thing, but based on the information in this lecture, she said that the house size only grew from 5.8 to 6.1. This is at about the 21 minute part of the lecture. She said a lot of people thought that too. But the McMansions are not for most people as an entry level home. Homes are now being built for the top 20% instead. What was even more dramatic was the discussion about kicking people out of the hospital early and letting their relatives at home take care of them- “sicker and quicker.” Insurance that does not cover hospitalization, specialists or prescription drugs is being sold and she considers it worthless (as do I). Amazing information and it really bursts the myth of over spending and over consumption.

[Author]

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