From our brother-in arms Coyote:
Todd Zywicki has a nice post on the The Two-Income Trap: Why Middle Class Mothers and Fathers are Going Broke by Professor Elizabeth Warren and Amelia Warren Tyagi.
In his writings on the tactics for engineering the communist state, Karl Marx talked a lot about the need to "proletarianize the middle class." This has been a very popular tactic among leftish writers and politicians today, attempting to convince the middle class that they never had it so bad.
No doubt. Let's inculcate a sense of grievance in those two-income middle-class families, so they will turn to the State for rescue. The fact is, we have two-income families because people want more money, and desire a higher standard of living than the average single-income middle class family in 1970.
Ah, but they have less disposable income than in 1970 - and here's why (from the linked pieces):
Discretionary income has shrunk from 46% to 25% of total income - and taxes account for all of that reduction. The governmental solution, no doubt, will be to raise their taxes to provide more "free services."
That's the Gramscian tactic: tax 'em 'til they feel poor, then apply incremental Marxism until they own your soul and you become a grateful serf of The State at The People's Tractor Factory #23.
For details, read the links above.
