America’s favorite family outings are increasingly out of reach
Taking the kids to a baseball game, a movie, or Disneyland is a bigger financial commitment than it used to be for middle-class families.
Hasnain says:
“Recent research has shown that a family has to earn at least $35.80/hour just to meet basic needs. The average two-kid family spends 25% of its income on child care alone — and these figures don’t even fully take into account runaway inflation, which recently topped 9%.
The reality is that today’s $40/hr median family income doesn’t leave as much wiggle room for American pastimes as it used to.
And as Steven Martinez, and many others, have learned, this is especially true of “the most magical place on Earth.””
Posted on 2022-07-26T05:30:01+0000