Silent Depression: The Fate of the American DreamW. W. Norton & Company, 1995 - 317 من الصفحات With the U.S. economy once again a top priority of policy makers, it is worth understanding that matters are worse than they seem. Output, the traditional "bottom-line" measure of the economy's health, has turned up. The recession of 1990-91 is over. But the tepid recovery leaves much to be desired. Digging deeper, longtime observer of the economy Wallace C. Peterson finds plenty of cause for alarm. Wages, family income, and productivity growth began a long, downward trend in 1973 that continues to this day. The riveting drama of the 1929 stock market crash will not be repeated, but the numbers tell a clear story: the American Dream has taken on a nightmarish cast. Slow and insidious, largely unnoticed for much too long, a silent depression has taken hold that now affects four out of five American families. |
المحتوى
Preface | 9 |
The Unraveling of the American Dream | 17 |
Diagnosing the Silent Depression | 28 |
The Shrinking of the Middle Class | 49 |
The Stressedout American Family | 67 |
And the Rich Get Richer | 93 |
While Life at the Bottom Goes On | 129 |
Getting from There to Here | 171 |
Investing in America | 197 |
Investing in the American People | 228 |
Taxes and American Civilization | 252 |
عبارات ومصطلحات مألوفة
ACE complex administration American economy American families annual areas average benefits budget Census Census Bureau changes Clinton Cold War costs Current Population Reports decline distribution of income dollars earnings econ Economic Report economists employment families headed families with children family income federal government figure flat tax Government Printing Office Green Book happened health-care Hispanic homeless Ibid income and wealth income tax increase inequality living major manufacturing married couples measure Medicare ment middle class military Keynesianism military spending million mobility Money Income negative income tax nomic output overall percent of families percentage persons poor poverty level poverty line poverty rate poverty threshold President productivity growth public capital rate of growth recession silent depression single-parent families Social Security tax rates tax system top 1 percent U.S. Government Printing U.S. House United wages Washington welfare women workers World War II