Middle Class Meltdown In America
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Middle Class Meltdown In America
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Author : Kevin T Leicht
language : en
Publisher: Routledge
Release Date : 2013-12-17
Middle Class Meltdown In America written by Kevin T Leicht and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-12-17 with Social Science categories.
In accessible prose for North American undergraduate students, this short text provides a sociological understanding of the causes and consequences of growing middle class inequality, with an abundance of supporting, empirical data. The book also addresses what we, as individuals and as a society, can do to put middle class Americans on a sounder footing.
The Shrinking Middle Class
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Author : Emanuel Collado
language : en
Publisher: iUniverse
Release Date : 2010-03-22
The Shrinking Middle Class written by Emanuel Collado and has been published by iUniverse this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-03-22 with Business & Economics categories.
The middle class of our society has an important roleacting as the glue that holds the upper and lower classes together. But what will happen if the middle class crumbles? The Shrinking Middle Class is a comprehensive study of the economic meltdown and its long-term effects on the middle class. Emanuel Collado is a self-made businessman who focuses the results of his extensive research into a trend first detected in the 1980s. He provides fascinating case studies of middle class families, alarming statistics, and causes of the current economic crisis that both the United States and the world face. As Collado compares past decisions with current issues, he offers explanations for why America has such a disparity in our society and where the social fabric is being skewed to expand at both ends and grow thinner in the middle. Not so long ago, being middle class meant a reliable job with good pay, a home, access to health care, good education for youth, and a dignified retired life. Collado provides an in-depth look into why the United States is becoming a two-class society and what we can do now to prevent it from happening.
Third World America
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Author : Arianna Huffington
language : en
Publisher: Crown
Release Date : 2010-09-07
Third World America written by Arianna Huffington and has been published by Crown this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-09-07 with Political Science categories.
It’s not an exaggeration to say that middle-class Americans are an endangered species and that the American Dream of a secure, comfortable standard of living has become as outdated as an Edsel with an eight-track player. That the United States of America is in danger of becoming a third world nation. The evidence is all around us: Our industrial base is vanishing, taking with it the kind of jobs that have formed the backbone of our economy for more than a century; our education system is in shambles, making it harder for tomorrow’s workforce to acquire the information and training it needs to land good twenty-first century jobs; our infrastructure—our roads, our bridges, our sewage and water, our transportation and electrical systems—is crumbling; our economic system has been reduced to recurring episodes of Corporations Gone Wild; our political system is broken, in thrall to a small financial elite using the power of the checkbook to control both parties. And America’s middle class, the driver of so much of our economic success and political stability, is rapidly disappearing, forcing us to confront the fear that we are slipping as a nation – that our children and grandchildren will enjoy fewer opportunities and face a lower standard of living than we did. It’s the dark flipside of the American Dream – an American Nightmare of our own making. Arianna Huffington, who, with the must-read Huffington Post, has her finger on the pulse of America, unflinchingly tracks the gradual demise of America as an industrial, political, and economic leader. In the vein of her fiery bestseller Pigs at the Trough, Third World America points fingers, names names, and details who’s killing the American Dream. Finally, calling on the can-do attitude that is part of America’s DNA, Huffington shows precisely what we need to do to stop our freefall and keep America from turning into a third world nation. Third World America is a must-read for anyone disturbed by our country’s steady descent from 20th century superpower to backwater banana republic.
Middle Class Meltdown In America
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Author : Kevin T Leicht
language : en
Publisher: Taylor & Francis
Release Date : 2022-08-31
Middle Class Meltdown In America written by Kevin T Leicht and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-08-31 with Social Science categories.
Based on income alone, nearly half of all adults in the United States can be considered "middle class," complete with the reassurance of a steady job, the ability to raise a family, and the comforts of owning a home. And yet, for many, because of structural forces reshaping the finances of the American middle class, the margin between a stable life and a fragile one is narrowing. The new edition of Middle-Class Meltdown in America: Causes, Consequences, and Remedies tells the story of the struggling American middle class by weaving together sociological and economical research, personalized portraits and examples, and a profusion of current data illustrating significant social, economic, and political trends. The authors extend their analysis to include the COVID-19 pandemic, a focus on the effect of race and ethnicity, as well as the ever-increasing costs of housing, health care, and education. In clear, accessible writing, the authors provide a sociological and balanced understanding of the causes and implications of increasing middle class precarity. Middle-Class Meltdown in America is particularly well-suited for courses in sociology, economics, political science, anthropology, and American Studies.
America S Shrinking Middle Class
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Author : Vahab Aghai Ph.D.
language : en
Publisher: AuthorHouse
Release Date : 2014-08-29
America S Shrinking Middle Class written by Vahab Aghai Ph.D. and has been published by AuthorHouse this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-08-29 with Political Science categories.
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.
Middle Class America Downward Spiral Into Extinction
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Author :
language : en
Publisher: Dorrance Publishing
Release Date :
Middle Class America Downward Spiral Into Extinction written by and has been published by Dorrance Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
America At The Precipice Restoring The Plummeting Middle Class Standard Of Living
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Author : Gary R. Patterson
language : en
Publisher:
Release Date : 2014-07-21
America At The Precipice Restoring The Plummeting Middle Class Standard Of Living written by Gary R. Patterson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-07-21 with Business & Economics categories.
Neither political party has been able to stem the plummeting fall in the Middle Class Standard of Living that has occurred since the Economic Meltdown of 2008. Moreover, in recent years, the average 1%-2% annual Cost of Living Index (CPI) calculated by the Bureau of Labor Statistics only belies, masks and understates the frightful upsurge in the dominant CPI Index cost components of Health Care, College Tuition, Energy, as well as Federal income tax hikes, which have economically devastated Middle Class Americans over the last five years. Innovative, yet pragmatic and equitable solutions must be formulated to not just stem the rise of these four major CPI cost factors, but go beyond and strive to achieve justifiable, permanent "rollbacks" and cost decreases as well. Together these four specific CPI cost factors have incrementally contributed to an actual, staggering 19% plunge in the American Middle Class Standard of Living just since 2009. And, even though Barack Obama, as President, has presided over this precipitous Middle Class economic decline, alternatively, the Republican Party has, for years, been successfully portrayed by Democrats as being "tone deaf" and indifferent to the plight of Middle Class America. Rightly or wrongly, perceived as primarily safeguarding the financial interests of the Wealthy, the GOP is further regarded by many as failing 1) to elevate and give priority emphasis to the dire economic straits that the Middle Class in America is currently facing and 2) to pro-actively devise specific common sense and apolitical solutions (as presented herein) that are, indeed, justifiably equitable and meant to rectify and justly remediate the disproportionate economic burden that Middle Class Americans have been relegated to endure. Unless and until the Republican Party is perceived as pro-actively adopting a Middle Class priority emphasis, it will continue to struggle to alter its elitest perception in the minds of a wide swath of Middle Class an
The Coming Class War And How To Avoid It
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Author : Paul E Peterson
language : en
Publisher: Routledge
Release Date : 2016-09-16
The Coming Class War And How To Avoid It written by Paul E Peterson and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-09-16 with Political Science categories.
A clear, accessible analysis of the worsening distribution of income and wealth in America.
The Riches Of This Land
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Author : Jim Tankersley
language : en
Publisher: Hachette UK
Release Date : 2020-08-11
The Riches Of This Land written by Jim Tankersley and has been published by Hachette UK this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-08-11 with Business & Economics categories.
A vivid character-driven narrative, fused with important new economic and political reporting and research, that busts the myths about middle class decline and points the way to its revival. For over a decade, Jim Tankersley has been on a journey to understand what the hell happened to the world's greatest middle-class success story -- the post-World-War-II boom that faded into decades of stagnation and frustration for American workers. In The Riches of This Land, Tankersley fuses the story of forgotten Americans-- struggling women and men who he met on his journey into the travails of the middle class-- with important new economic and political research, providing fresh understanding how to create a more widespread prosperity. He begins by unraveling the real mystery of the American economy since the 1970s - not where did the jobs go, but why haven't new and better ones been created to replace them. His analysis begins with the revelation that women and minorities played a far more crucial role in building the post-war middle class than today's politicians typically acknowledge, and policies that have done nothing to address the structural shifts of the American economy have enabled a privileged few to capture nearly all the benefits of America's growing prosperity. Meanwhile, the "angry white men of Ohio" have been sold by Trump and his ilk a theory of the economy that is dangerously backward, one that pits them against immigrants, minorities, and women who should be their allies. At the culmination of his journey, Tankersley lays out specific policy prescriptions and social undertakings that can begin moving the needle in the effort to make new and better jobs appear. By fostering an economy that opens new pathways for all workers to reach their full potential -- men and women, immigrant or native-born, regardless of race -- America can once again restore the upward flow of talent that can power growth and prosperity.
The Unbanking Of America
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Author : Lisa Servon
language : en
Publisher: Houghton Mifflin Harcourt
Release Date : 2017-01-10
The Unbanking Of America written by Lisa Servon and has been published by Houghton Mifflin Harcourt this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-01-10 with Social Science categories.
Why Americans are fleeing our broken banking system: “Startling and absorbing…Required reading for fans of muckraking authors like Barbara Ehrenreich.”—Publishers Weekly (starred review) What do an undocumented immigrant in the South Bronx, a high-net-worth entrepreneur, and a twentysomething graduate student have in common? All three are victims of our dysfunctional mainstream bank and credit system. Nearly half of all Americans live from paycheck to paycheck, and income volatility has doubled over the past thirty years. Banks, with their high monthly fees and overdraft charges, are gouging their lower- and middle-income customers while serving only the wealthiest Americans. Lisa Servon delivers a stunning indictment of America’s banks, together with eye-opening dispatches from inside a range of banking alternatives that have sprung up to fill the void. She works as a teller at RiteCheck, a check-cashing business in the South Bronx, and as a payday lender in Oakland. She looks closely at the workings of a tanda, an informal lending club. And she delivers engaging, hopeful portraits of the entrepreneurs reacting to the unbanking of America by designing systems to creatively serve those outside the one percent. “Valuable evidence on the fragility of the personal economies of most Americans these days.”—Kirkus Reviews “An intelligent plea for financial justice…[An] excellent book.”—The Christian Science Monitor