The Vanishing Middle Class New Epilogue

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The Vanishing Middle Class, new epilogue

Author : Peter Temin
Publisher : MIT Press
ISBN 13 : 0262535297
Total Pages : 288 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis The Vanishing Middle Class, new epilogue by : Peter Temin

Download or read book The Vanishing Middle Class, new epilogue written by Peter Temin and published by MIT Press. This book was released on 2018-03-09 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why the United States has developed an economy divided between rich and poor and how racism helped bring this about. The United States is becoming a nation of rich and poor, with few families in the middle. In this book, MIT economist Peter Temin offers an illuminating way to look at the vanishing middle class. Temin argues that American history and politics, particularly slavery and its aftermath, play an important part in the widening gap between rich and poor. Temin employs a well-known, simple model of a dual economy to examine the dynamics of the rich/poor divide in America, and outlines ways to work toward greater equality so that America will no longer have one economy for the rich and one for the poor. Many poorer Americans live in conditions resembling those of a developing country—substandard education, dilapidated housing, and few stable employment opportunities. And although almost half of black Americans are poor, most poor people are not black. Conservative white politicians still appeal to the racism of poor white voters to get support for policies that harm low-income people as a whole, casting recipients of social programs as the Other—black, Latino, not like "us." Politicians also use mass incarceration as a tool to keep black and Latino Americans from participating fully in society. Money goes to a vast entrenched prison system rather than to education. In the dual justice system, the rich pay fines and the poor go to jail.

Ending Poverty in America

Author : John Edwards
Publisher : The New Press
ISBN 13 :
Total Pages : 310 pages
Book Rating : 4.:/5 (321 download)

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Book Synopsis Ending Poverty in America by : John Edwards

Download or read book Ending Poverty in America written by John Edwards and published by The New Press. This book was released on 2007 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: A collection of original essays designed to put the issue of poverty back on the political map in the US, offering a plan to eliminate poverty in 30 years. With contributions on job creation, schools, housing, rural and family life, this forward-thinking selection brings together liberals and conservatives to address one of the great moral and societal issues of modern life.

Ending Poverty in America

Author : John Edwards
Publisher : The New Press
ISBN 13 : 1595587322
Total Pages : 409 pages
Book Rating : 4.5/5 (955 download)

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Book Synopsis Ending Poverty in America by : John Edwards

Download or read book Ending Poverty in America written by John Edwards and published by The New Press. This book was released on 2009-06-09 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: An “engrossing collection of rigorously researched articles” from Elizabeth Warren, Jared Bernstein, William Julius Wilson, and more (Publishers Weekly). Can the wealthiest nation in the world do anything to combat the steadily rising numbers of Americans living in poverty—or the tens of millions of Americans living in “near poverty”? In this book, some of the country’s most prominent scholars, businesspeople, and community activists answer with a resounding yes. Published in conjunction with one of the country’s leading anti-poverty centers, Ending Poverty in America brings together respected social scientists, journalists, neighborhood organizers, and business leaders—both liberal and conservative—to tackle hot-button issues such as job creation, schools, housing, and family-friendly social policy, offering a template for a renewed public debate and a genuine effort to confront this urgent issue that undermines the long-term security of our nation. Contributors include: Jared Bernstein, Anita Brown-Graham, Carol Mendez Cassell, Richard Freeman, Angela Glover-Blackwell, Jacob Hacker, Harry Holzer, Jack F. Kemp, Ronald Mincy, Katherine S. Newman, Melvin L. Oliver, Dennis Orthner, David K. Shipler, Beth Shulman, Michael A. Stegman, Elizabeth Warren, William Julius Wilson.

AMERICA'S SHRINKING MIDDLE CLASS

Author : VAHAB AGHAI, Ph.D.
Publisher : Author House
ISBN 13 : 1491870761
Total Pages : 341 pages
Book Rating : 4.4/5 (918 download)

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Book Synopsis AMERICA'S SHRINKING MIDDLE CLASS by : VAHAB AGHAI, Ph.D.

Download or read book AMERICA'S SHRINKING MIDDLE CLASS written by VAHAB AGHAI, Ph.D. and published by Author House. This book was released on 2014-08-29 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: What does a middle class nation do without a middle class? An abundance of evidence suggests that we here in the United States are about to find out. America's Shrinking Middle Class documents trends that have been building not just since the Great Recession, but for over four decades. In 1970, the share of U.S. income that went to the middle class was 62 percent. By 2010 that figure had fallen to 45 percent. In that same year, the median income for middle class Americans had gone from $72,956 to $69,487 a decline of nearly 5 percent in just one year. A shrinking middle class would mean a shrinking economy and an America dominated by a growing lower class. Life would be less comfortable, less prosperous, and less secure. With less money coming in to government and businesses alike, tax burdens would become onerous. One example: Obamacare. It could cost the average taxpayer nearly $6,000 in extra taxes and create a total of 20 new taxes or tax hikes. For a weakened and shrinking middle class, it could be a fatal blow.

America’S Shrinking Middle Class

Author : Vahab Aghai Ph.D.
Publisher : AuthorHouse
ISBN 13 : 1491870745
Total Pages : 335 pages
Book Rating : 4.4/5 (918 download)

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Book Synopsis America’S Shrinking Middle Class by : Vahab Aghai Ph.D.

Download or read book America’S Shrinking Middle Class written by Vahab Aghai Ph.D. and published by AuthorHouse. This book was released on 2014-08-29 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: What does a middle class nation do without a middle class? An abundance of evidence suggests that we here in the United States are about to find out. Americas Shrinking Middle Class documents trends that have been building not just since the Great Recession, but for over four decades. In 1970, the share of U.S. income that went to the middle class was 62 percent. By 2010 that figure had fallen to 45 percent. In that same year, the median income for middle class Americans had gone from $72,956 to $69,487 a decline of nearly 5 percent in just one year. A shrinking middle class would mean a shrinking economy and an America dominated by a growing lower class. Life would be less comfortable, less prosperous, and less secure. With less money coming in to government and businesses alike, tax burdens would become onerous. One example: Obamacare. It could cost the average taxpayer nearly $6,000 in extra taxes and create a total of 20 new taxes or tax hikes. For a weakened and shrinking middle class, it could be a fatal blow.

Poverty in America

Author : Joan Axelrod-Contrada
Publisher : Marshall Cavendish
ISBN 13 : 9780761445456
Total Pages : 132 pages
Book Rating : 4.4/5 (454 download)

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Book Synopsis Poverty in America by : Joan Axelrod-Contrada

Download or read book Poverty in America written by Joan Axelrod-Contrada and published by Marshall Cavendish. This book was released on 2010 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores the issue of poverty and the poor in the United States.

Foundations of Real-World Economics

Author : John Komlos
Publisher : Routledge
ISBN 13 : 1351584707
Total Pages : 452 pages
Book Rating : 4.3/5 (515 download)

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Book Synopsis Foundations of Real-World Economics by : John Komlos

Download or read book Foundations of Real-World Economics written by John Komlos and published by Routledge. This book was released on 2019-01-11 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2008 financial crisis, the rise of Trumpism and the other populist movements which have followed in their wake have grown out of the frustrations of those hurt by the economic policies advocated by conventional economists for generations. Despite this, textbooks continue to praise conventional policies such as deregulation and hyperglobalization. This textbook demonstrates how misleading it can be to apply oversimplified models of perfect competition to the real world. The math works well on college blackboards but not so well on the Main Streets of America. This volume explores the realities of oligopolies, the real impact of the minimum wage, the double-edged sword of free trade, and other ways in which powerful institutions cause distortions in the mainstream models. Bringing together the work of key scholars, such as Kahneman, Minsky, and Schumpeter, this book demonstrates how we should take into account the inefficiencies that arise due to asymmetric information, mental biases, unequal distribution of wealth and power, and the manipulation of demand. This textbook offers students a valuable introductory text with insights into the workings of real markets not just imaginary ones formulated by blackboard economists. A must-have for students studying the principles of economics as well as micro- and macroeconomics, this textbook redresses the existing imbalance in economic teaching. Instead of clinging to an ideology that only enriched the 1%, Komlos sketches the outline of a capitalism with a human face, an economy in which people live contented lives with dignity instead of focusing on GNP.

Promised Land

Author : David Stebenne
Publisher : Simon and Schuster
ISBN 13 : 1982102713
Total Pages : 336 pages
Book Rating : 4.9/5 (821 download)

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Book Synopsis Promised Land by : David Stebenne

Download or read book Promised Land written by David Stebenne and published by Simon and Schuster. This book was released on 2021-07-20 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Explains how the American middle class ballooned at mid-century until it dominated the nation, showing who benefited and what brought the expansion to an end"--

The Middle Class Comeback

Author : Munir Moon
Publisher :
ISBN 13 : 9780991372164
Total Pages : 190 pages
Book Rating : 4.3/5 (721 download)

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Book Synopsis The Middle Class Comeback by : Munir Moon

Download or read book The Middle Class Comeback written by Munir Moon and published by . This book was released on 2016-08-02 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: The middle class is getting crushed. But there is hope. Despite the doom and gloom making headlines, there are major forces working together-from the increasing equality for women in the workplace and the rise of millennials to a shift in political expectations and rapid technological advances-that prove the middle class is ripe for a comeback. The Middle Class Comeback counters the negativity of the dominant narrative surrounding the past, present, and most importantly the future of the American middle class. The book argues that it is not only the income for the middle class that has fallen, but that the costs of healthcare, education, and taxes have increased at such a higher rate, which makes it impossible for an average American family to attain a middle-class lifestyle. This book examines new and better ways of thinking, working, and doing business, which bring back the hope that fuels the ingenuity and success of the middle class. Despite recent economic catastrophes, middle-class Americans will be able to have affordable health care, college education for their children, and a home. The Middle Class Comeback also examines the final hurdle in the path of the middle class: America's broken political system. For middle-class Americans (nearly half of the population) and politically independent citizens (more than 40 percent of Americans), The Middle Class Comeback gives concrete reason for hope and a path forward through continued innovation and political engagement.

Small, Gritty, and Green

Author : Catherine Tumber
Publisher : MIT Press
ISBN 13 : 0262525313
Total Pages : 253 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis Small, Gritty, and Green by : Catherine Tumber

Download or read book Small, Gritty, and Green written by Catherine Tumber and published by MIT Press. This book was released on 2013-09-13 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: How small-to-midsize Rust Belt cities can play a crucial role in a low-carbon, sustainable, and relocalized future. America's once-vibrant small-to-midsize cities—Syracuse, Worcester, Akron, Flint, Rockford, and others—increasingly resemble urban wastelands. Gutted by deindustrialization, outsourcing, and middle-class flight, disproportionately devastated by metro freeway systems that laid waste to the urban fabric and displaced the working poor, small industrial cities seem to be part of America's past, not its future. And yet, Catherine Tumber argues in this provocative book, America's gritty Rust Belt cities could play a central role in a greener, low-carbon, relocalized future. As we wean ourselves from fossil fuels and realize the environmental costs of suburban sprawl, we will see that small cities offer many assets for sustainable living not shared by their big city or small town counterparts, including population density and nearby, fertile farmland available for new environmentally friendly uses. Tumber traveled to twenty-five cities in the Northeast and Midwest—from Buffalo to Peoria to Detroit to Rochester—interviewing planners, city officials, and activists, and weaving their stories into this exploration of small-scale urbanism. Smaller cities can be a critical part of a sustainable future and a productive green economy. Small, Gritty, and Green will help us develop the moral and political imagination we need to realize this.

Buyographics

Author : Matt Carmichael
Publisher : Macmillan
ISBN 13 : 1137278633
Total Pages : 236 pages
Book Rating : 4.1/5 (372 download)

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Book Synopsis Buyographics by : Matt Carmichael

Download or read book Buyographics written by Matt Carmichael and published by Macmillan. This book was released on 2013-11-12 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following 11 families in 11 representative countries, this all-encompassing look at the ever-changing American consumer focuses on the top ten trends that are reshaping the consumer landscape and impacting buying behavior. 25,000 first printing.

Legislative Foundations of American Consumer Society

Author : Bob Sullivan
Publisher : McFarland
ISBN 13 : 1476685886
Total Pages : 194 pages
Book Rating : 4.4/5 (766 download)

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Book Synopsis Legislative Foundations of American Consumer Society by : Bob Sullivan

Download or read book Legislative Foundations of American Consumer Society written by Bob Sullivan and published by McFarland. This book was released on 2021-09-13 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: The current literature on consumerism is diverse, scattered, and unsystematic. This book remedies this by identifying the beginning of mass consumer society in the United States, starting with the New Deal. The New Deal framework of guaranteeing new home purchases by means of low down-payment, fixed-rate home mortgages lasted until the 1970s, at which time the legal framework unraveled due to a sustained attack on New Deal racism. Despite this, American consumerism continued and even flourished without a regulatory structure. This book analyzes seven key pieces of federal legislation which undergird American consumer society to this day.

Ending a Career in the Auto Industry

Author : Melissa A. Hardy
Publisher : Springer Science & Business Media
ISBN 13 : 0585343497
Total Pages : 282 pages
Book Rating : 4.5/5 (853 download)

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Book Synopsis Ending a Career in the Auto Industry by : Melissa A. Hardy

Download or read book Ending a Career in the Auto Industry written by Melissa A. Hardy and published by Springer Science & Business Media. This book was released on 2007-08-29 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the 1980s the news media were filled with reports of soaring unemployment as 'downsizing' and `restructuring' became the new buzzwords. Firms managed their workforce reduction by increasing the attractiveness of their pension plans-especially their early-retirement plans. In this volume, the authors examine the U.S. auto industry and present a full-scale analysis of the work and retirement decisions of its workers. They address organizational context and the logic of financial incentives in employer-provided early retirement plans. The impact of pension provisions, layoffs, plant closures, attitudes about `generational equity', and other factors influencing the workers' evaluation of the optimum time to end their careers in the auto industry are explored.

RTC Semiannual Report for Period Ending ...

Author : United States. Congress. House. Committee on Banking, Finance, and Urban Affairs
Publisher :
ISBN 13 :
Total Pages : 600 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis RTC Semiannual Report for Period Ending ... by : United States. Congress. House. Committee on Banking, Finance, and Urban Affairs

Download or read book RTC Semiannual Report for Period Ending ... written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs and published by . This book was released on 1991 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt:

From Foreclosure to Fair Lending

Author : Chester Hartman
Publisher : New Village Press
ISBN 13 : 1613320515
Total Pages : 352 pages
Book Rating : 4.6/5 (133 download)

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Book Synopsis From Foreclosure to Fair Lending by : Chester Hartman

Download or read book From Foreclosure to Fair Lending written by Chester Hartman and published by New Village Press. This book was released on 2013-10-22 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book informs a renewed movement for fair lending and fair housing. Leading advocates and specialists examine strategic initiatives to realize objectives of the federal Fair Housing Act as well as state and local laws Well-known fair housing and fair lending activists and organizers examine the implications of the new wave of fair housing activism generated by Occupy Wall Street protests and the many successes achieved in fair housing and fair lending over the years. The book reveals the limitations of advocacy efforts and the challenges that remain. Best directions for future action are brought to light by staff of fair housing organizations, fair housing attorneys, community and labor organizers, and scholars who have researched social justice organizing and advocacy movements. The book is written for general interest and academic audiences. Contributors address the foreclosure crisis, access to credit in a changing marketplace, and the immoral hazards of big banks. They examine opportunities in collective bargaining available to homeowners and how low-income and minority households were denied access to historically low home prices and interest rates. Authors question the effectiveness of litigation to uphold the Fair Housing Act's promise of nondiscriminatory home loans and ask how the Consumer Financial Protection Bureau is assuring fair lending. They also look at where immigrants stand, housing as a human right, and methods for building a movement.

RTC Semiannual Report for Period Ending April 30, 1991

Author : United States. Congress. House. Committee on Banking, Finance, and Urban Affairs
Publisher :
ISBN 13 :
Total Pages : 582 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis RTC Semiannual Report for Period Ending April 30, 1991 by : United States. Congress. House. Committee on Banking, Finance, and Urban Affairs

Download or read book RTC Semiannual Report for Period Ending April 30, 1991 written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs and published by . This book was released on 1991 with total page 582 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Income and Wealth

Author : Alan Reynolds
Publisher : Bloomsbury Publishing USA
ISBN 13 : 0313063559
Total Pages : 246 pages
Book Rating : 4.3/5 (13 download)

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Book Synopsis Income and Wealth by : Alan Reynolds

Download or read book Income and Wealth written by Alan Reynolds and published by Bloomsbury Publishing USA. This book was released on 2006-09-30 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why some people are rich and others poor can be explained in a number of ways. Income and Wealth focuses on who gets what and why. It explains the dynamics of income generation, how it is measured, and how such dramatic disparities in distribution come about. The book first defines various characteristics of income, with an emphasis on the gap between the rich and the poor, and reviews several theories to explain the disparities. Subsequent chapters discuss such timely topics as the vanishing middle class and the sky-high salaries of CEOs, Hollywood stars, and athletes. The final chapters consider the implications of policies, such as the minimum wage, taxes, immigration, and trade quotas, and expand the discussion to consider international comparisons. Featuring graphs and charts, a glossary of key terms, and a listing of references and resources, Income and Wealth explains the intricate, and often controversial, effects of economic policies on individuals, families, and communities. Moreover, it shows how the numbers can be manipulated by policymakers, pundits, journalists, and academics to promote various agendas—and shows readers how to recognize hyberbole and make better-informed decisions.