31.10.13

THERE ARE LAWS OF CONSERVATION IN ECONOMICS.

The women of the fevered brow find another institution to trash. "[Gallup] found more than 130,000 people and found that married people throw their money around town like they're doomsday preppers at Costco."  The first comment to the post carps, "The average double-income household makes about the same as a single-income household did in the 70s. Create an economy where you don't need to be married to have any disposable income, and I'm sure the resulting rich singletons will be happy to spend it."  You can have an economy in which one income supports a household, or you can have an economy with high female labor force participation rates.  You can't have both.

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