Some, perhaps, but make no mistake that most families with kids find it absolutely required to have two incomes these days. I would even say the increase in par

Some, perhaps, but make no mistake that most families with kids find it absolutely required to have two incomes these days. I would even say the increase in participation by women have helped stave off the labor shortage, but it was always coming. The baby boomer generation is finally retiring. They worked longer than any other generation and they now hold most of the wealth. Caring for this generation is going to be a massive challenge. Nurses are already at a premium and it is going to get worse. There aren’t going to be enough nurses, teachers, cashiers, servers, etc. Any job that is tough and is traditionally underpaid will have to increase wages to compete or, and this is sadly more likely, standards will be lowered. This has already happened with teachers. Not enough teachers, no problem! Degree optional. There are two potential solutions: 1. Increase wages for less desirable jobs to increase labor participation. 2. Relax immigration policy to increase immigration.