> Inflation and stagnant wages have led to a rise in two-income households
I often see it phrased this way, but I always wonder how much of the effect is actually "A rise in two-income households has led to inflation and stagnant wages"?
Certainly, there's a positive feedback mechanism at play, but it always seems to be presented as "A causes B" rather than "A and B reinforce each other".
I often see it phrased this way, but I always wonder how much of the effect is actually "A rise in two-income households has led to inflation and stagnant wages"?
Certainly, there's a positive feedback mechanism at play, but it always seems to be presented as "A causes B" rather than "A and B reinforce each other".