Re:Over Half of U.S. Young Adults Now Live with Their Parents
by AnimalMuppet on Monday November 30, 2020 @07:59PM
(#25261034)
That isn't the way I would phrase it, but it has some truth to it.
In the 1950s, in the US, you could live on one income of a high-school graduate. Today, you still can... but you have to live a 1950s lifestyle.
But if you look at what the wealthiest (or even the upper middle class) have, no, you can't do that. If that becomes your measure of "how you're supposed to live", then no, you can't live on one income.
That is why poor in India is diff from poor in California. Even though to the poor in India, the Californian poverty seems like the stuff of kings. Etc.