The Two-Income Trap: Why Middle-Class Parents Are (Still) Going Broke

The Two-Income Trap: Why Middle-Class Parents Are (Still) Going Broke

The Two-Income Trap: Why Middle-Class Parents Are (Still) Going Broke

The Two-Income Trap: Why Middle-Class Parents Are (Still) Going Broke

Paperback(Revised and Updated Edition)

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Overview



From #1 New York Times bestselling author Senator Elizabeth Warren and consultant Amelia Warren Tyagi, the classic book about America's middle class -- and why economic security remains out of reach for many.


In this exposé, Elizabeth Warren and Amelia Warren Tyagi show that modern middle-class families are increasingly trapped by the grinding reality of flat wages and rising costs. Warren and Tyagi reveal how a ferocious bidding war for housing and education has silently engulfed America's suburbs, driving up the cost of keeping families in the middle class, and placing unprecedented pressure on hard-working families.


Revolutionary when it was first published in 2003, The Two-Income Trap remains disturbingly relevant today. Now with a new introduction by the authors, The Two Income Trap shows why the usual remedies won't solve the problem and points toward the policy changes that would create better opportunities for both parents and children.

Product Details

ISBN-13: 9780465097708
Publisher: Basic Books
Publication date: 04/12/2016
Edition description: Revised and Updated Edition
Pages: 288
Sales rank: 582,277
Product dimensions: 5.40(w) x 8.20(h) x 0.80(d)

About the Author

About The Author
Elizabeth Warren is the Leo Gottlieb Professor of Law at Harvard Law School. She is the co-author of As We Forgive Our Debtors and The Fragile Middle Class, as well as three leading commercial law casebooks. She is vice-president of the American Law Institute and served as Chief Advisor to the National Bankruptcy Review Commission. She lives in Cambridge, Massachusetts.

Amelia Warren Tyagi has worked as an Engagement Manager with McKinsey and Company, specializing in health care, insurance, and education, and she co-founded the successful healthcare start-up HealthAllies. She lives in Pacific Palisades, California, with her husband and two-year-old daughter, Octavia.

Table of Contents

Introduction to the 2016 Edition xiii

1 Just the Way She Planned 1

2 The Over-Consumption Myth 15

3 Mom: The All-Purpose Safety Net 55

4 The Myth of the Immoral Debtor 71

5 Going It Alone in a Two-Income World 97

6 The Cement Life Raft 123

7 The Financial Fire Drill 163

Appendix 181

Acknowledgments 189

Notes 193

Index 247

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