6 years ago
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America is Regressing into a Developing Nation for Most People
A new book by economist Peter Temin finds that the U.S. is no longer one country, but dividing into two separate economic and political worlds. You’ve probably heard the news that the celebrated post-WW II beating heart of America known as the middle class has gone from “burdened,” to “squeezed” to “dying.” But you might have heard less about what exactly is emerging in its place. In a new book, The Vanishing Middle Class: Prejudice and Power in a Dual Economy...
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It's funny how many people seem to understand the problems and how little is done to fix them. When things go to hell, nobody can say they didn't see it coming.