Warren believes that the two-income family has contributed to the bankruptcy rate. “For middle-class families, the most important part of the safety net for generations has been the stay-at-home mother,” Warren and her daughter, Amelia Warren Tyagi, wrote in “The Two-Income Trap: Why Middle-Class Mothers and Fathers Are Going Broke” (2003), a book aimed at […]
Tag: Elizabeth Warren
Spiraling Debt, Mortgages and the Two-Income Family
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Elizabeth Warren has energized Democrats in Massachusetts during her 2012 Senate race against Republican incumbent Scott Brown, but has also faced many difficulties as a first-time candidate. The race remains very close: Lydon brought up an anecdote he’d heard: Warren, while she served on the bankruptcy panel during Clinton’s presidency, had known the first lady, […]