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A comment on What Economists Still Don’t Get About the 2008 Crisis. Parent comment

Re:What Economists Still Don’t Get About the 2008 Crisis by throwaway1909 on Monday July 30, 2018 @03:25PM (#17647220)
Could you give some citations?
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Re:What Economists Still Don’t Get About the 2008 Crisis by debatem1 on Monday July 30, 2018 @04:13PM (#17647594)
Sure. This is pretty much my point in two charts:

https://www.financialsense.com/sites/default/files/users/u61...

http://www.pewresearch.org/ft_dual-income-households-1960-20...

If you want to zoom in on more recent events wikipedia has a pretty compelling chart here: https://en.wikipedia.org/wiki/Household_income_in_the_United...

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Re:What Economists Still Don’t Get About the 2008 Crisis by faet on Monday July 30, 2018 @07:36PM (#17649227)
"Real Output" is misleading as capital inputs/investing can greatly change it. Multifactor productivity vs Compensation is pretty equal.

http://i.imgur.com/5mOQARo.png

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Re:What Economists Still Don’t Get About the 2008 Crisis by debatem1 on Monday July 30, 2018 @08:23PM (#17649509)
Might just be me but I'm missing the relevance. The point is that a household which has already maxed out its possible number of workers no longer has the option of sending someone else to work to deal with a sudden expense, so a two worker household is more fragile than a single worker household at the same income. The only reason I bring up productivity is to mention that it hasn't come down in proportion, which this graph doesn't show either.
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