Betrayal of the American Dream

ISBN-10: 1586489690
ISBN-13: 9781586489694
Edition: 2012
List price: $30.00 Buy it from $1.49
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Description: A series of actions by Washington and Wall Street over decades have systematically dismantled the economic foundation of America’s middle class. InThe Betrayal, two of the country’s finest investigative reporters reveal the extent of the ruination  More...

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Book details

List price: $30.00
Copyright year: 2012
Publisher: PublicAffairs
Publication date: 7/31/2012
Binding: Hardcover
Pages: 320
Size: 6.50" wide x 9.50" long x 1.00" tall
Weight: 1.144
Language: English

A series of actions by Washington and Wall Street over decades have systematically dismantled the economic foundation of America’s middle class. InThe Betrayal, two of the country’s finest investigative reporters reveal the extent of the ruination and the people and agencies most culpable.Barlett and Steele’s 1992 bestseller about Washington’s assault on the middle class—America: What Went Wrong—was controversial in its day. But when the authors reexamined it, their conclusions then seemed quaint in the light of today’s realities. For this new book they document a fundamental betrayal of the American promise, through peerless reportorial investigation and through the perspectives of workers and businessmen across the country. One former factory manager said: “If we keep up as we are now, within twenty to thirty years will there even be a middle class?” Barlett and Steele show why Americans are rightfully fearful about the future, and warn that greater economic pain lies ahead unless we make fundamental changes now.

Prologue
Assault on the Middle Class
The Cost of Free Trade
Made in America?
Phantom Jobs
The Great Tax Heist
The End of Retirement
Deregulation: Economic Chaos
Globalization Shanghaied
Restoring the American Dream
Appendix
Acknowledgments
A Note on Sources
Index

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