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In 1955 the family income was usually only one salary. On the other hand you had a person full time cooking from raw ingredients, taking care of children and me
by Ma8ee 7y ago
In 1955 the family income was usually only one salary. On the other hand you had a person full time cooking from raw ingredients, taking care of children and mending your clothes. So you didn’t pay for eating out, daycare, or buying new clothes all the time.
- harryh 7y agoReal Median Personal (not household!) income is also up significantly: https://fred.stlouisfed.org/series/MEPAINUSA672N https://fred.stlouisfed.org/series/MEPAINUSA672N