Elizabeth Warren: The Coming Collapse of the Middle Class

If the average family of four in 1970 had only one income earner, how is it that the two-income family of today has more debt?  Using data from the U.S. Commerce Department, distinguished law scholar Elizabeth Warren analyzes expenses and income of an average American family over the last 30 years. What does the average American family spend more on today:  Appliances, clothes, food?  The answers may surprise you.

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Elizabeth Warren: The Coming Collapse of the Middle Class