Under Pressure: The Squeezed Middle Class

Under Pressure: The Squeezed Middle Class
Title Under Pressure: The Squeezed Middle Class PDF eBook
Author OECD
Publisher OECD Publishing
Pages 173
Release 2019-05-01
Genre
ISBN 926415034X

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Middle-class households feel left behind and have questioned the benefits of economic globalisation.

The Squeezed Middle

The Squeezed Middle
Title The Squeezed Middle PDF eBook
Author Parker, Sophia
Publisher Policy Press
Pages 183
Release 2013-01-16
Genre Political Science
ISBN 1447308956

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As wages stagnate but living costs keep rising, the pressure on working people grows more intense. The issue of living standards has become one of the most urgent challenges for politicians in both Britain and America. 'The squeezed middle' brings together experts from both sides of the Atlantic to ask what the UK can learn from the US. American workers have not benefited from growth for an entire generation - the average American worker earned no more in 2009 than in 1975. Now British workers are undergoing a similar experience. No longer can they assume that when the economy grows their wages will grow with it. This collection brings together for the first time leading economic and policy thinkers to analyse the impact of different policies on those on low-to middle incomes and to explain what lessons the UK can learn from America's 'lost generation'. This timely book is essential reading for everyone concerned about the living standards crisis, an issue which could decide elections as well as shaping the future for millions of working families.

Squeezed

Squeezed
Title Squeezed PDF eBook
Author Alissa Quart
Publisher HarperCollins
Pages 326
Release 2018-06-26
Genre Social Science
ISBN 0062412272

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One of TIME’s Best New Books to Read This Summer “Brilliant—a keen, elegantly written, and scorching account of the American family today. Through vivid stories, sharp analysis and wit, Quart anatomizes the middle class’s fall while also offering solutions and hope.” — Barbara Ehrenreich, author of Nickel and Dimed Families today are squeezed on every side—from high childcare costs and harsh employment policies to workplaces without paid family leave or even dependable and regular working hours. Many realize that attaining the standard of living their parents managed has become impossible. Alissa Quart, executive editor of the Economic Hardship Reporting Project, examines the lives of many middle-class Americans who can now barely afford to raise children. Through gripping firsthand storytelling, Quart shows how our country has failed its families. Her subjects—from professors to lawyers to caregivers to nurses—have been wrung out by a system that doesn’t support them, and enriches only a tiny elite. Interlacing her own experience with close-up reporting on families that are just getting by, Quart reveals parenthood itself to be financially overwhelming, except for the wealthiest. She offers real solutions to these problems, including outlining necessary policy shifts, as well as detailing the DIY tactics some families are already putting into motion, and argues for the cultural reevaluation of parenthood and caregiving. Writtenin the spirit of Barbara Ehrenreich and Jennifer Senior, Squeezed is an eye-opening page-turner. Powerfully argued, deeply reported, and ultimately hopeful, it casts a bright, clarifying light on families struggling to thrive in an economy that holds too few options. It will make readers think differently about their lives and those of their neighbors.

Crunch

Crunch
Title Crunch PDF eBook
Author Jared Bernstein
Publisher Berrett-Koehler Publishers
Pages 241
Release 2008-04-21
Genre Business & Economics
ISBN 1576755509

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According to author Bernstein, economic experts all too often manipulate and distort the science at the heart of important issues. In "Crunch," he offers entertaining, informative, and direct answers to a set of compelling economic questions posed by ordinary people.

The 9.9 Percent

The 9.9 Percent
Title The 9.9 Percent PDF eBook
Author Matthew Stewart
Publisher Simon and Schuster
Pages 352
Release 2021-10-12
Genre Social Science
ISBN 1982114207

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A “brilliant” (The Washington Post), “clear-eyed and incisive” (The New Republic) analysis of how the wealthiest group in American society is making life miserable for everyone—including themselves. In 21st-century America, the top 0.1% of the wealth distribution have walked away with the big prizes even while the bottom 90% have lost ground. What’s left of the American Dream has taken refuge in the 9.9% that lies just below the tip of extreme wealth. Collectively, the members of this group control more than half of the wealth in the country—and they are doing whatever it takes to hang on to their piece of the action in an increasingly unjust system. They log insane hours at the office and then turn their leisure time into an excuse for more career-building, even as they rely on an underpaid servant class to power their economic success and satisfy their personal needs. They have segregated themselves into zip codes designed to exclude as many people as possible. They have made fitness a national obsession even as swaths of the population lose healthcare and grow sicker. They have created an unprecedented demand for admission to elite schools and helped to fuel the dramatic cost of higher education. They channel their political energy into symbolic conflicts over identity in order to avoid acknowledging the economic roots of their privilege. And they have created an ethos of “merit” to justify their advantages. They are all around us. In fact, they are us—or what we are supposed to want to be. In this “captivating account” (Robert D. Putnam, author of Bowling Alone), Matthew Stewart argues that a new aristocracy is emerging in American society and it is repeating the mistakes of history. It is entrenching inequality, warping our culture, eroding democracy, and transforming an abundant economy into a source of misery. He calls for a regrounding of American culture and politics on a foundation closer to the original promise of America.

When Middle-Class Parents Choose Urban Schools

When Middle-Class Parents Choose Urban Schools
Title When Middle-Class Parents Choose Urban Schools PDF eBook
Author Linn Posey-Maddox
Publisher University of Chicago Press
Pages 217
Release 2014-03-18
Genre Social Science
ISBN 022612035X

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In recent decades a growing number of middle-class parents have considered sending their children to—and often end up becoming active in—urban public schools. Their presence can bring long-needed material resources to such schools, but, as Linn Posey-Maddox shows in this study, it can also introduce new class and race tensions, and even exacerbate inequalities. Sensitively navigating the pros and cons of middle-class transformation, When Middle-Class Parents Choose Urban Schools asks whether it is possible for our urban public schools to have both financial security and equitable diversity. Drawing on in-depth research at an urban elementary school, Posey-Maddox examines parents’ efforts to support the school through their outreach, marketing, and volunteerism. She shows that when middle-class parents engage in urban school communities, they can bring a host of positive benefits, including new educational opportunities and greater diversity. But their involvement can also unintentionally marginalize less-affluent parents and diminish low-income students’ access to the improving schools. In response, Posey-Maddox argues that school reform efforts, which usually equate improvement with rising test scores and increased enrollment, need to have more equity-focused policies in place to ensure that low-income families also benefit from—and participate in—school change.

(Not) Keeping Up with Our Parents

(Not) Keeping Up with Our Parents
Title (Not) Keeping Up with Our Parents PDF eBook
Author Nan Mooney
Publisher Beacon Press
Pages 272
Release 2008
Genre Business & Economics
ISBN 9780807011386

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Drawing on more than a hundred interviews with people all across America,(Not) Keeping Up with Our Parentsexplores how stagnant wages, debt, and escalating costs for tuition, health care, and home ownership are jeopardizing the finances and futures of today's educated middle class. Despite this sobering reality, Nan Mooney offers concrete ideas on how we can arrest this downward spiral.