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> US GDP per capita is four times higher than in 1950. Ok, now factor in that the mass entry of women into the workforce nearly doubles GDP per capita, plus th
by actually_a_dog 5y ago
> US GDP per capita is four times higher than in 1950.
Ok, now factor in that the mass entry of women into the workforce nearly doubles GDP per capita, plus the rising costs of education, health care, and housing. I think you'll start to see where the affordability issues come into play.
- eru 5y agoI can understand the part about rising costs making affordability an issue. But could you please explain how 'mass entry of women into the workforce nearly doubles GDP per capita' is a problem?
- paulryanrogers 5y agoHouseholds that don't want to conscript every possible family member into the workforce wouldn't reap as many of those per capita benefits. And even those that do are probably gaining less advantage than when a single breadwinner was more common.
- eru 5y agoWomen worked before as well, just inside the household. Technology eased that burden somewhat.
- actually_a_dog 5y agoIt's simple math. People were supporting families in the 1950s with half as many people working. The same "per capita" effectively went almost twice as far.
- eru 5y agoYou mean supporting families with half as many people working outside the home? Household work is hard work. Modern technology has made it much easier. (And that's the bigger story here: the reduction of in-household workload. The consequence of women entering the workforce is a comparatively smaller effect.)