A new book by economist Robert Reich makes the case that the middle class is disappearing and that without it, the U.S. economy cannot recover to pre-recession levels. Full Story »
Posted by Preston Watts - via Google News (U.S. Economy)
This is a friendly review of Reich's book, which summarizes his arguments and allows him to elaborate. It doesn't stand alone as a piece of journalism, and it doesn't include any independent analysis of Reich's claims.
It would have been more useful with mention of a much stronger 2010 book release "AFTERSHOCK Protect Yurself and Profit in the Next Global Financial Meltdown" by 3 non-economists: David Wiedemer, PhD, Robert A Wiedemer and Cindy Spitzer. Is there enough proof in the book, if not in this article, that the middle-class isn't just experiencing a rough time and a change in values, priorities and goals?
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