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Phyllis Schlafly argued that if it weren't for working women, the cost of living would be much lower than it is today. Her theory is that the increase in family income starting in the 1970s led to more disposable income, which in turn, led to an increase in the cost of nearly everything - especially housing.
This isn't a theory about the recent housing bubble. It's a long-term trend, in her opinion, that began in the 1970s.
Your thoughts?
Last edited by AnUnidentifiedMale; 05-11-2009 at 11:55 PM..
Phyllis Schlafly sounds a lot like the old school Catholic lady that used to work upstairs from my old office job...she was a pre VaticanII type chick who once announced to me, (in that way that was supposed to endear me to her, I think) that ,"You know, my nephew is an Orthodontist and he isn't making as much money as he used to since there have been all those abortions, there are not enough children getting their teeth straightened!"
I swear, she was NOT kidding one bit.
Perhaps it's a generational thing, I mean isn't Ole Phyllis Schlafly like 3 days younger than King Tut?
Phyllis Schlafly sounds a lot like the old school Catholic lady that used to work upstairs from my old office job...she was a pre VaticanII type chick who once announced to me, (in that way that was supposed to endear me to her, I think) that ,"You know, my nephew is an Orthodontist and he isn't making as much money as he used to since there have been all those abortions, there are not enough children getting their teeth straightened!"
I swear, she was NOT kidding one bit.
Perhaps it's a generational thing, I mean isn't Ole Phyllis Schlafly like 3 days younger than King Tut?
LOL. Yeah, I keep thinking that she died, but every time I check - nope! - she's still alike and kicking.
And I loved that story you described. That's hilarious.
If people had not bought all those investment properties and created a housing bubble than the COL would be just fine. It has nothing to do with women working. Greater disposable income is a direct result of a higher GNP in the US compared with the 1950s. If more money is floating around than more will be spent. It also has to do with a higher GDP per capita as compared with inflation adjusted 1950 USA. These people need to study basic economics before writing books.
If people had not bought all those investment properties and created a housing bubble than the COL would be just fine. It has nothing to do with women working. Greater disposable income is a direct result of a higher GNP in the US compared with the 1950s. If more money is floating around than more will be spent. It also has to do with a higher GDP per capita as compared with inflation adjusted 1950 USA. These people need to study basic economics before writing books.
Even before the recent housing bubble, housing costs were much greater than they were in the 1960s and 1970s. Her theory is about a long-term trend, not the recent housing bubble.
Thanks, lamexican, but this isn't about the recent housing bubble. It's about a long-term trend that began in the 1970s.
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