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Re:Do the Rich Capture All the Gains from Economic Growth? by kurthr on Thursday October 25, 2018 @07:19PM (#18305484)
Also note that when you're a single earner household you may only need 1 car, eat out less, and don't need day care. Even if the cost of all those items remains the same, your cost of "living" goes up. Now add to that the need for education to maintain an "average" salary, and your costs increase faster than inflation to stay with the average.

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