Where have the good days gone? In the 1950s everything was so simple. You had your little house, one car, and everything was affordable. Today, everything seems to be too expensive and there are millions of people living in poverty.
Could it be the two income trap? The two income trap basically means that today we almost have to live off two incomes for a family, but if one of those incomes disappears we’re screwed, hence the trap.
This infographic illustrates the two income trap as well as comparing the 1950s to today.
[Click image for full size version]