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|Sun, 09-05-2010 - 11:25pm|
I've seen quite a few posts in the recent weeks that have brought up family finances. I was originally going to preface this post by appealing to my fellow geeks, but decided that it's probably not necessary, since all women concern themselves with family finances . . . not just geeks.
Anyway, the following is a lecture that describes how the financial circumstances of American families (using the standard of a 4-person family) has changed over the past 3 decades. It's pretty eye-opening, especially for those who don't have any background of study on the topic, and also especially eye-opening in the context of today's economic woes.
The title of the lecture is the Coming Collapse of the American Middle Class, but it is totally family-centered: