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Home > 2004 > AugustChristianity Today, August, 2004  |   |  
When More Is Less
We're making more money, but the payoff isn't always positive.




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USA Today has an excerpt from the book, as does the Today Show.

Discussions elsewhere about The Two-Income Trap include:

Two incomes, more debt? | A new study offers a controversial theory of why today's families are having a tough time staying afloat. (Christian Science Monitor, Sept. 17, 2003)
Middle class and maxed out | even though the modern two-earner family brings in 75% more inflation-adjusted income than the one-earner family of a generation ago, it actually has less discretionary income -- and far more financial instability. (BusinessWeek, Sept. 15, 2003))
Middle class barely treads water | A generation ago, a typical American middle-class family lived on the income of a single breadwinner. In recent years it has taken two working spouses to live the modern middle-class dream. Now, it seems even that is not enough to survive the skyrocketing cost of housing, health care and college while saving for retirement and shouldering growing debt loads. (USA Today, Sept. 14, 2003)
Broke on two incomes | Current bankruptcy statistics show middle-class couples with kids are twice as likely to file for bankruptcy than their childless counterparts. (The Early Show, CBS, Sept. 9, 2003)
Parent trap | Want to go bust? Have a kid. Educate same. Why the middle class never had it so bad (Time, Sep. 08, 2003)
Two-income families at risk of financial crisis | This year, more people are expected to file for bankruptcy than suffer a heart attack, graduate from college or file for divorce. A new book suggests those at greatest financial risk are families with children. (All Things Considered, NPR, Sept. 8, 2003)
Leave no parent behind | Compared with people who don't have children, people who do are in worse economic shape than they've ever been in. (The New Yorker, Aug. 11, 2003)
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