What the Middle Class Has Less Of
Posted at 11:45 a.m. on Jan. 28
Paul Krugman explains that while middle-class families “seem to have more stuff… they have less time — specifically less family time.”
“So what we have is a situation in which American families have more stuff, but they have managed to afford that stuff only by being two-income families, with ever less family time — unlike their European counterparts, who have gained in shorter hours and vacations what they lost in stay-at-home wives.”
