The rise of women in the workforce has been the subject of endless discussion in recent years, much of it accompanied by hand wringing over the demise of the "traditional" family and the emasculation of American men.
In her new book, The Richer Sex, Washington Post reporter Liza Mundy takes a completely different view, arguing that women's increased economic clout "will bring about a new liberation for women but also for men."
Mundy explains her thesis in the accompanying video, as well as the reasons why the "big flip" toward women being the primary breadwinner is an inevitable outcome of trends already in motion.
While male-dominated industries such as construction were hardest hit by the bursting of the housing bubble, Mundy notes the trend of women being primary breadwinners started in the 1980s. Since then, the percentage of women who earn more than their husbands has risen steadily before accelerating in the early 2000s, well before the Great Recession.
Today the percentage of women who out-earn their husbands currently hovers near 40%, according to the Bureau of Labor Statistics.Read More »from Female Breadwinners Are Good for Both Sexes, Author Says