Quote:Nope, we're talkiing about going from single income families to double income families, the vast majority of American households the last 100 years. Those households don't demand more goods, demand remains relatively static for America's two parent, 2.3 children families. What decreased was the need for roughly 1/3 of the men in the workforce as women moved in and took their place (at lower wages).

 

You miss the main point, the jobs and the wages stayed within the country.  There was no wage flight like we now see.  I'm not saying that you are 100% wrong, but the reason we didn't see a total stagnation of wages (the way we do now) is because of what Real Marty describes.  The income stayed in the USA and the purchasing power and demand for products also stayed in the USA.

---