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"Such terrible decisions that they caused the collapse of 2008. So how can they continue down the same road? The simple answer, that no one in charge wants to publicly acknowledge: because things are still pretty great for the people who run America. It was an accident of history, Jeff Faux explains, that after World War II the U.S. could afford a prosperous middle class, a dominant military, and a booming economic elite at the same time. For the...
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Drawing on more than a hundred interviews with people all across America, this book explores how stagnant wages, debt, and escalating costs for tuition, health care, and home ownership are jeopardizing the finances and futures of today's educated middle class. Despite this sobering reality, Nan Mooney offers concrete ideas on how we can arrest this downward spiral.
Description
This program examines the pros and cons of white-collar outsourcing, highlighting emotional and ideological divisions on the topic. It also studies real-life examples of out-sourcing in action. An in-depth look at India's booming call center industry illustrates the extent to which American business relies on overseas labor, while commentary from economist and policy makers explores the effect of outsourcing on America's middle class.
4) Social security and the middle-class squeeze: fact and fiction about America's entitlement programs
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"Synthesizing mountains of data and explaining sophisticated economic concepts in layman's terms, the Santows expose myths about how entitlement programs actually work, arguing, for example, that while the financial state of Social Security gets most of the press, Medicare and Medicaid are in much more serious trouble. Moreover, they are highly critical of privatization plans, demonstrating that similar programs have failed in other countries and...
Description
This program examines the pros and cons of white-collar outsourcing, highlighting emotional and ideological divisions on the topic. It also studies real-life examples of outsourcing in action. An in-depth look at India's booming call center industry illustrates the extent to which American business relies on overseas labor, while commentary from economists and policy makers explores the effect of outsourcing on America's middle class.
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Description
"Families today are squeezed on every side--from high childcare costs and harsh employment policies to workplaces without paid family leave or even dependable and regular working hours. Many realize that attaining the standard of living their parents managed has become impossible. Alissa Quart, executive editor of the Economic Hardship Reporting Project, examines the lives of many middle class Americans who can now barely afford to raise children....
Description
Since 1992, Bill Moyers has been following the story of two ordinary, hard-working families in Milwaukee - one black, one white - as they spent two decades in an extraordinary battle to keep from sliding into poverty. With poignant and revealing intimacy, this film chronicles the struggles of the Neumanns and the Stanleys as they try to hold onto their homes, their jobs, their health insurance, and a future for their children. A remarkable portrait...
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The middle class has never been so vulnerable. Its every feature is under assault by politicians and the lobbyists who court them, big-business corporations that are sending their jobs overseas, and a media that relies on sensationalism instead of facts when reporting the news. CNN host and commentator Dobbs looks at every aspect of the decline of the middle class--from a lack of political representation to America's corrupt health-care system--to...
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Although middle-income families don't earn much more than they did several decades ago, they are buying bigger cars, houses, and appliances. To pay for them, they spend more than they earn and carry record levels of debt. In a book that explores the very meaning of happiness and prosperity in America today, Robert Frank explains how increased concentrations of income and wealth at the top of the economic pyramid have set off "expenditure cascades"...
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"The untold story of what once made America's economy great--and why it now keeps falling into crisis." -- inside front book jacket flap.
For nearly two centuries the best jobs in the United States were walled off to everyone but white men. After World War II, women, immigrants and black men began to tear those walls down. They built the greatest middle class in human history-- but the steady disappearance of good jobs, followed by economic crises,...
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A look at the stresses and strains faced by American workers as wages have stagnated, health and pension benefits have grown stingier, and job security has shriveled. Workplace journalist Greenhouse explores why, in the world's most affluent nation, so many corporations are intent on squeezing their workers dry. The book explains how economic, business, political, and social trends--among them globalization, the influx of immigrants, and the Wal-Mart...
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