The Two-Income Trap

The Two-Income Trap is a brilliantly argued book that shows how today's middle-class parents are suffering from an unprecedented and totally unexpected economic meltdown. Today's two-income family earns 75% more money than its single-income counterpart of a generation ago but actually has less discretionary income once their fixed monthly bills are paid. This book provides convincing evidence that the culprit is not "overconsumption," as many critics have charged. Instead, they point to the ferocious bidding war for housing and education that has quietly engulfed America's suburbs.