The “two-income trap,” as described by Warren, really consists of three partially separate phenomena that have arisen as families have come to rely on two working adults to make ends meet:I'm very interested to see this. It gets my "single-earner household" tag, and you can click on that and see it's a subject that's been important to me for years.
A certain strand of the American right has long expressed quiet admiration for the book, since its thesis can on some level be boiled down to the idea that feminists were too optimistic about the implications of women’s mass entry into the workforce....
- The addition of a second earner means, in practice, a big increase in household fixed expenses for things like child care and commuting.
- Much of the money that American second earners bring in has been gobbled up, in practice, by zero-sum competition for educational opportunities expressed as either skyrocketed prices for houses in good school districts or escalating tuition at public universities.
- Last, while the addition of the second earner has not brought in much gain, it has created an increase in downside risk by eliminating an implicit insurance policy that families used to rely on....
[The book is] a realistic portrayal of the fact that most people have jobs rather than careers and that for most modern mothers, working is less a choice than a practical economic necessity....
[The book suggests] a version of Warren that could be more broadly electorally appealing... Two-Income Trap... speaks to the questions... as to whether unfettered capitalism is undermining the traditional family....
I have 62 posts on that tag, beginning with an April 2012 post, "The Hilary Rosen flap shows the way to a new bipartisanship premised on the value of single-earner households" (Hilary Rosen had mocked Ann Romney for never having "worked a day in her life"). I said:


