It is - in the generation of my grandparents one income could feed an entire family AND lead to a house (no vacations though, and not much luxury)
Nowadays even if you have good jobs it really depends on a lot of circumstances if you can afford such a life (albeit mostly with more luxury and vacations) with two incomes.
Same here. To be sure, those women (i.e. my grandmothers) were definitely hard working. Raising lots of children, without "modern" appliances like dishwashers etc. in the household. But the money that came from one income was enough.
> Effectively the worth of income nearly halved.
At least the worth that reaches the worker after taxes etc.
Nowadays even if you have good jobs it really depends on a lot of circumstances if you can afford such a life (albeit mostly with more luxury and vacations) with two incomes.
Effectively the worth of income nearly halved.