Many people competing for the same jobs drives wages down. More than half of households are dual-income households.† This increases the labor pool, which drives down prices.

Ironically, it would seem that, if more families switched to one parent being the primary breadwinner, it would drive up the cost of labor and make single-income households a more sustainable proposition for more families.

The knock-on benefits from the additional time and attention the now stay-at-home or part-time working parents could give their children would have a generationally positive impact on well-being and prosperity.