The Two-Income Trap: Why Middle-Class Mothers and Fathers Are Going Broke

by Elizabeth Warren, Amelia Warren Tyagi

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Book summary

The authors examine the two-income gap or, why even two-income families with children are finding themselves in precarious financial positions. They attest that the search for good schools and good housing is responsible for the gap, not, as often charged, overspending. The solutions they propose to address this emerging social problem range from open-access public schools to caps on credit card interest rates.