(Free read ebook) The Shrinking American Middle Class: The Social and Cultural Implications of Growing Inequality






#1318087 in eBooks 2012-09-14 2012-09-14File Name: B009M98EM6

"The magnitude of the United States economic problems is not appreciated by most Americans. This important book provides a wealth of information that will contribute to an informed dialogue on crucial issues". - Wanda Foglia, chair, Department of Economics, Rowan University of New Jersey "If youThe United States lost one third of its factory jobs in the past decade as jobs were outsourced offshore, mostly to Asia. Jobs that require a college degree are next to go. China will award six times as many degrees this year as they did ten years ago and any job that can be digitized will be 'tradable'. Estimates of the number of vulnerable jobs range from a low 11 million to a staggering 56 million 'middle class' jobs. The median United States household income has already dropped by seven per...


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