alt Hacker NewsI'd be curious to know if in '76, most households were dual income or single. My intuition is that many families could afford to have a parent stay at home with the kids back then.
Additionally, let's not ignore the fact that housing appears to have gotten more expensive disproportionately to income rising. And if two parents are working they often have to pay $1000+ for daycare
Most replies don't like my comment because it hurts the narrative that people want to believe even after I quoted hard data. Especially since the 70s in the US were rife with economic and social issues. Very interesting how the mind works.