Subject: Re: Berkshire and Tariffs
A key issue has been that 30+ years ago most families were supported by a single income. Now with most being supported by two incomes; this unfortunately didn't make everyone "twice as rich"; it raised prices (homes being the most obvious).


A common saying is that the husband works for the family and the wife works to pay the taxes.

Several years ago when I was doing our tax forms, I said to my wife that our Federal tax that year was $30,000 (most of which was covered with the W-2 withholding). She said "Crap, that's what my annual salary is." Along with her sometimes 2 hour commute to home on the Chicago tollway.

That's when I told her that the next time her boss gave her grief and made her cry, that she is to reach down under her desk, grab her purse, stand up, and walk out the door.