What’s Hurting the Middle Class
The myth of overspending obscures the real problem
Elizabeth Warren and Amelia Warren Tyagi
https://www.johnta.com/realestate/re...-middle-class/
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This is a - for me - illuminating, data driven discussion of the present day economic reality of the shrinking middle class.
Elizabeth Warren is the Leo Gottlieb Professor of Law at Harvard Law School. Warren and Tyagi’s article is adapted from their book The Two-Income Trap: Why Middle-Class Parents are Going Broke with the permission of Basic Books, a member of the Perseus Books Group.
Amelia Warren Tyagi worked as a consultant with McKinsey and Company and co-founded the health benefits firm HealthAllies. She lives in Los Angeles.