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The Two-Income Trap

The Two-Income Trap PDF Author: Elizabeth Warren
Publisher: Basic Books
ISBN: 0465097715
Category : Social Science
Languages : en
Pages : 288

Book Description
From #1 New York Times bestselling author Senator Elizabeth Warren and consultant Amelia Warren Tyagi, the classic book about America's middle class -- and why economic security remains out of reach for many. In this exposé, Elizabeth Warren and Amelia Warren Tyagi show that modern middle-class families are increasingly trapped by the grinding reality of flat wages and rising costs. Warren and Tyagi reveal how a ferocious bidding war for housing and education has silently engulfed America's suburbs, driving up the cost of keeping families in the middle class, and placing unprecedented pressure on hard-working families. Revolutionary when it was first published in 2003, The Two-Income Trap remains disturbingly relevant today. Now with a new introduction by the authors, The Two Income Trap shows why the usual remedies won't solve the problem and points toward the policy changes that would create better opportunities for both parents and children.

The Two-Income Trap

The Two-Income Trap PDF Author: Elizabeth Warren
Publisher: Basic Books
ISBN: 0465097715
Category : Social Science
Languages : en
Pages : 288

Book Description
From #1 New York Times bestselling author Senator Elizabeth Warren and consultant Amelia Warren Tyagi, the classic book about America's middle class -- and why economic security remains out of reach for many. In this exposé, Elizabeth Warren and Amelia Warren Tyagi show that modern middle-class families are increasingly trapped by the grinding reality of flat wages and rising costs. Warren and Tyagi reveal how a ferocious bidding war for housing and education has silently engulfed America's suburbs, driving up the cost of keeping families in the middle class, and placing unprecedented pressure on hard-working families. Revolutionary when it was first published in 2003, The Two-Income Trap remains disturbingly relevant today. Now with a new introduction by the authors, The Two Income Trap shows why the usual remedies won't solve the problem and points toward the policy changes that would create better opportunities for both parents and children.

The Two-Income Trap

The Two-Income Trap PDF Author: Suzanne Venker
Publisher: Simon and Schuster
ISBN: 1682614786
Category : Family & Relationships
Languages : en
Pages : 160

Book Description
Dispelling our most cherished myths about work-family balance, Suzanne Venker argues in The Two-Income Trap that women who want to get married and have children will find their home lives less chaotic and far more satisfying by making motherhood, not career, their primary focus. The premise of The Two-Income Trap: Why Parents Are Choosing to Stay Home is that childrearing is no longer recognized for the enormous undertaking it is. ‘Having it all’ is an impossible goal for anyone, male or female. The needs of children don’t allow two married parents the freedom to dedicate themselves fully to something else. That isn’t a bad thing, says Venker. It’s a good thing. It’s time to shift our paradigm. There is value in pursuing both work and family; but prioritizing family over career, and being realistic with one’s goals, is the only way women can be successful at both. The ?Two-Income Trap does two things: helps elevates the status of parents at home, and helps mothers who want to be employed create a life that works. Without the stress. Without the guilt. Without regret.

All Your Worth

All Your Worth PDF Author: Elizabeth Warren
Publisher: Simon and Schuster
ISBN: 0743269888
Category : Business & Economics
Languages : en
Pages : 304

Book Description
The bestselling mother/daughter coauthors of "The Two-Income Trap" now pen an essential guide to the five simple keys to lasting financial peace.

China's Innovation Challenge

China's Innovation Challenge PDF Author: Arie Y. Lewin
Publisher: Cambridge University Press
ISBN: 1316592154
Category : Business & Economics
Languages : en
Pages : 505

Book Description
The miracle growth of the Chinese economy has decreased from a compound annual growth rate of 10% to less than 7% in 2015. The two engines of growth - export on a scale never before witnessed and massive infrastructure investments - are reaching the point of diminishing returns. This poses the central question which is explored in this book - can China escape the middle-income trap? Assuming current political arrangements remain unchanged and that it does not or cannot adopt Western sociopolitical economic regimes, can China develop an indigenous growth model centered on innovation? This compilation gathers leading Chinese and other international scholars to consider the daunting challenges and complexities of building an innovation-driven Chinese growth model. Providing several comprehensive perspectives, it examines key areas such as the institutional system, technology, sociocultural forces and national policy. The analyses and their conclusions range from strong optimism to deep pessimism about China's future.

Frontiers in Development Policy

Frontiers in Development Policy PDF Author: Shahid Yusuf
Publisher: World Bank Publications
ISBN: 0821387855
Category : Business & Economics
Languages : en
Pages : 317

Book Description
The global crisis of 2008-09 has brought to the forefront a plethora of economic and political policy issues. There is a re-opening of discussion on basic economic concepts, appropriate framework for analysis, role of private and public sectors in the economy, structural transformation of economies, human development and managing of growing risks and crises. The purpose of this book has been to bring home the inter-linkages in various parts of the economy and the need for practical policy making to reach development goals while being aware of the instabilities, complexities and downside risks inherent in the nature of a an economy operating in a globalized world. Thematically, this book focuses on two core types of policy: policies that promote strong, sustainable and inclusive growth in low income and middle income developing countries and new and emerging policies that necessitates a discussion amongst policy makers and practitioners. Throughout the book, the authors provide insight in to the different types of policy approaches that can be taken to help the economy grow. Ultimately the book looks to foster discussion amongst policy makers on growth and development.

Emerging European Economies after the Pandemic

Emerging European Economies after the Pandemic PDF Author: László Mátyás
Publisher: Springer Nature
ISBN: 3030939634
Category : Business & Economics
Languages : en
Pages : 610

Book Description
This edited volume examines the development path of eight Central and Eastern European countries with an overlapping historical background that joined the European Union between 2004 and 2013, and identifies the main similarities and differences between the countries concerned. Based on wide comparative data analysis of Bulgaria, Croatia, The Czech Republic, Hungary, Poland, Romania, Slovakia, and Slovenia, each chapter in the volume provides detailed information about the state of the economy in a specific area preceding the pandemic shock. The book offers a detailed snapshot of the state of the different areas of the economy, starting from the time when the countries concerned came out of the 2008 financial crisis, up to the date when COVID-19 hit. Further, each chapter analyzes the effects of this unprecedented shock on a particular field, which is followed by highlighting the main problems the countries are facing at present and in the near future, together with identifying the available policy options. Finally, before concluding and making general and country-specific policy recommendations, some thoughts will be given to longer-term prospects. More specifically, the question of how the subject area could contribute to avoiding the "middle-income-trap" that this region may be facing will be addressed. The comprehensive approach makes this volume a must-read for scholars and students of economics, as well as policy decision-makers in Europe, interested in a better understanding of the region's economic development.

The Two-Income Trap

The Two-Income Trap PDF Author: Suzanne Venker
Publisher: Post Hill Press
ISBN: 1618688847
Category : Family & Relationships
Languages : en
Pages : 113

Book Description
For decades feminists have belabored the idea that work should be at the center of women’s lives, and that motherhood wouldn’t get in the way of this goal if society would simply cooperate. If husbands performed half the housework and childcare, if the government would invest in universal daycare and family leave, and if employers allowed parents to leave the office at 5:00 p.m., women could achieve the balance they so desperately seek. But the real reasons work-family balance remains elusive are much more complex. In The Two-Income Trap, bestselling author and Fox News contributor Suzanne Venker claims the two-income family is a trap. It encourages Americans to think about family solely in terms of economics, when in fact breadwinning is only part of the equation. The burnout that results from not having someone home to do everything mothers have historically done is huge. Not only do children lose out, marriages become stressed to the breaking point. Husbands and wives become locked in a battle over who’s going to do what on the home front. When that happens, many women view this as a marital problem when in fact the issue is time. There just isn’t enough. “The battles [between husbands and wives] aren’t always waged over actual chores or the inequity of handling them. The battle is over time,” writes Rhonda Nordin in After the Baby. At the core of this debate, writes Venker, is the fact that raising a family is no longer valued or even recognized as an enormous undertaking. The needs of children simply don’t allow both parents the freedom to dedicate themselves fully to something else. Fortunately, Americans are finally accepting this fact. Not only are more fathers staying home, the share of stay-at-home mothers rose to 29% in 2012, up from a modern-era low of 23% in 1999. This rise represents a reversal of the long-term decline in this group that had persisted for the last three decades of the 20th century—during which time feminists waved the flag of liberation. But none of it feels liberating. Women are tired of trying to keep up with the demands of full-time work and childrearing. They’re tired of trying to prove themselves. The idea that women can ‘have it all’—pursue demanding careers, raise fabulous kids and remain perfectly sane along the way—is bogus. There are only so many hours in a day. The secret to balance, for those who want it, is to accept that a woman’s life has seasons: a time for this and a time for that. Women who insist on doing everything at once are proving nothing except an allegiance to a dying movement. The era of “I am woman, hear me roar” is over. Women can have most of what they want over the course of their lives, but not if they follow the cultural script feminists have laid out for them. Women need to adjust their expectations and accept that when we choose to have children, we choose a life of trade-offs. So do men. We also need to broaden our view of what it means to be successful. Being important in the outside world is great, but it will never compare to the significance of our presence at home, and to the calming nature of that home when someone’s physically there. At the end of the day, it’s our personal success, not our professional success, that determines how happy we are. “Dr. Laura” praises The Two-Income Trap: “Ms. Venker’s contribution to humanity, to families, to marriages, to women is huge. In a way, it is sad that she’s got to argue points to prove what ought to be a “given.” On the other hand, her arguments are beautifully crafted and right on target for today’s anti-childrearing atmosphere. My hope for you, the reader, is that after you read this book, you will be unwavering in your commitment to do the right thing, and reap the incredible rewards.”

All Your Worth

All Your Worth PDF Author: Elizabeth Warren
Publisher:
ISBN:
Category : Finance
Languages : en
Pages : 312

Book Description
The bestselling mother/daughter coauthors of "The Two-Income Trap" now pen an essential guide to the five simple keys to lasting financial peace.

Shattering the Two-income Myth

Shattering the Two-income Myth PDF Author: Andy Dappen
Publisher:
ISBN:
Category : Consumer education
Languages : en
Pages : 420

Book Description
The two-income lifestyle is leaving millions of families financially and emotionally broke. Learn:

Making Ends Meet

Making Ends Meet PDF Author: Kathryn Edin
Publisher: Russell Sage Foundation
ISBN: 1610441753
Category : Social Science
Languages : en
Pages : 338

Book Description
Welfare mothers are popularly viewed as passively dependent on their checks and averse to work. Reformers across the political spectrum advocate moving these women off the welfare rolls and into the labor force as the solution to their problems. Making Ends Meet offers dramatic evidence toward a different conclusion: In the present labor market, unskilled single mothers who hold jobs are frequently worse off than those on welfare, and neither welfare nor low-wage employment alone will support a family at subsistence levels. Kathryn Edin and Laura Lein interviewed nearly four hundred welfare and low-income single mothers from cities in Massachusetts, Texas, Illinois, and South Carolina over a six year period. They learned the reality of these mothers' struggles to provide for their families: where their money comes from, what they spend it on, how they cope with their children's needs, and what hardships they suffer. Edin and Lein's careful budgetary analyses reveal that even a full range of welfare benefits—AFDC payments, food stamps, Medicaid, and housing subsidies—typically meet only three-fifths of a family's needs, and that funds for adequate food, clothing and other necessities are often lacking. Leaving welfare for work offers little hope for improvement, and in many cases threatens even greater hardship. Jobs for unskilled and semi-skilled women provide meager salaries, irregular or uncertain hours, frequent layoffs, and no promise of advancement. Mothers who work not only assume extra child care, medical, and transportation expenses but are also deprived of many of the housing and educational subsidies available to those on welfare. Regardless of whether they are on welfare or employed, virtually all these single mothers need to supplement their income with menial, off-the-books work and intermittent contributions from family, live-in boyfriends, their children's fathers, and local charities. In doing so, they pay a heavy price. Welfare mothers must work covertly to avoid losing benefits, while working mothers are forced to sacrifice even more time with their children. Making Ends Meet demonstrates compellingly why the choice between welfare and work is more complex and risky than is commonly recognized by politicians, the media, or the public. Almost all the welfare-reliant women interviewed by Edin and Lein made repeated efforts to leave welfare for work, only to be forced to return when they lost their jobs, a child became ill, or they could not cover their bills with their wages. Mothers who managed more stable employment usually benefited from a variety of mitigating circumstances such as having a relative willing to watch their children for free, regular child support payments, or very low housing, medical, or commuting costs. With first hand accounts and detailed financial data, Making Ends Meet tells the real story of the challenges, hardships, and survival strategies of America's poorest families. If this country's efforts to improve the self-sufficiency of female-headed families is to succeed, reformers will need to move beyond the myths of welfare dependency and deal with the hard realities of an unrewarding American labor market, the lack of affordable health insurance and child care for single mothers who work, and the true cost of subsistence living. Making Ends Meet is a realistic look at a world that so many would change and so few understand.