"fingernails on the cliff"

Great lecture here by Harvard's Elizabeth Warren. It's an hour long so I'll summarize. She's compared household expenses today and in momndad-time, finds all sorts of creepy stuff. Eg, spending is down on all fun stuff, way up on unfun stuff; the latter eats up all the $ from working women and much from dad. Unfun stuff hasta be paid so need two jobs to avoid fail. Add decreased safety net and increased ed costs and you get rise in bankruptcy, esp for fam with kids. Scary portent: the lucky pull away from the unlucky, eventually Brazil.