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This should be the norm for the average family again
(lemmy.world)
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this post was submitted on 13 Mar 2024
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Wrong. Women in the US entered the workforce in great numbers because of the 1972 Arab Oil Boycott. The price of gas and energy in general tripled overnight, and families were struggling to maintain. No wages fell. If Dad was making $5,000.00 a year in 1971 he was making the same salary after the prices went up. It was just that $5,000.00 no longer covered the basic expenses.