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I'm not proposing anything. Just suggesting that there are more factors than income that affect 'inequality'. An article that focusses on inequality due to low
by jiggunjer 9y ago
I'm not proposing anything. Just suggesting that there are more factors than income that affect 'inequality'.
An article that focusses on inequality due to low income should perhaps pick an example with a more typical family situation.
- URSpider94 9y agoRewind 50 years, and it would be highly typical for a janitor to support a wife and 3 kids on HIS salary - families were larger, and mothers didn't work. The fact that a working single mom can't support her four kids today is indicative in and of itself.
- Chris2048 9y agoWould that janitor have many vacations too? And decent college funds? Healthcare?
- jaggederest 9y agoYes, yes, and yes. Janitorial staff at a Ford plant in ~1965 would make enough to own their own house, vacation once a year (probably not by plane but...), and college was percentage-wise ridiculously cheaper - 30x if my calculations are correct, which they probably aren't, but hey. Healthcare would have unquestionably been provided by their employer. And all that on only a single income for a family of four, no less.
- URSpider94 9y ago... and with a defined-benefit pension as well, meaning no need for 401k contributions out of their salary, and no risk of losing that money due to poor investment decisions.