Two Person income economics.

Post Reply New Topic

Economic theory i've worked on. Prior to women entering the workplace, the average nuclear family had one income earner generally the father. Income obviously varied but if a family wanted a greater income it was put on the father to secure it on his own, now if the family was below the level of income a family could live off of it became acceptable for a second income earner to begin earning income, generally the mother or the eldest child. Now recently two income families are becoming more and more commonplace and not out of necessity but in order to have a large income by combining two small incomes. I agree that some women are working not for finacial gain but out of boredom, self-fulfillment or other reasons. But regardless it's another person working that previously wouldn't have been.

Now if i can increase my family's income by having my spouse work let's say increasing a annual salary from 60,000 to 80,000, moving us from a state of living to living comfortably it's safe to assume many would do so.

The issue with this is as it becomes more common to have multiple providers in a single household the average salary will move up. Let's say from 60,000 to 70,000. Partly nullifying the gain in income while sustaining the increase in workers. Making the traditional single income provider unable to sustain their income of 60,000. Causing them to also obtain additional income worsening the problem.

This is obviously a rough work in progress But i'd love to hear comments and thoughts on it. I apologize if it comes off in anyway sexist that was not my intention.

Well - if you have twice as many people working- lets say both spouses make the same wages- then you have twice as much income.

So then you have twice as much demand for goods and services. Increased demand would be inflationary.

But because both spouses in every family are working you would also have twice as much output of goods and services in society. So the doubling of demand is off set by a doubling of supply of everything so it cancels out so it wouldnt cause inflation so it would result in each family increasing its buying power.

One other point to consider--women nowadays are doing much better in college than men, and taking over professions traditionally dominated by men. Thus, in the future, women will, on average, have higher income than men. So, men will become the sexual playthings.

That women do better than men in college remains to be actually proven and is for now a urban myth.

More so, doing better in college is far, far away from performing better in real life.

And realistically speaking, women getting more income than men is just not going to happen anytime soon.

The world is controlled by men and will likely remain so for a looooong time.