Fromreviewsofpreviouseditions--“TheStateofWorkingAmericaremainsunrivaledasthemost-trustedsourceforacomprehensiveunderstandingofhowworkingAmericansandtheirfamiliesarefaringintoday’seconomy.“--RobertB.Reich“Itistheinequalityofwealth,arguetheauthors,ratherthannewtechnology(assomewouldhaveit),thatisresponsibleforthefailureofAmerica’sworkplacetokeeppacewiththecountry’seconomicgrowth.TheStateofWorkingAmericaisawell-written,soundlyargued,andimportantreferencebook.“--LibraryJournal“Anindispensableworkonfamilyincome,wages,taxes,employment,andthedistributionofwealth.“--NewYorkReviewofBooksSince1988,TheStateofWorkingAmericahasprovidedacomprehensiveanswertoaquestionnewlyinvogueinthisageofOccupyWallStreet:TowhatextenthasoveralleconomicgrowthtranslatedintorisinglivingstandardsforthevastmajorityofAmericanworkersandtheirfamilies?Inthe12thedition,LawrenceMishel,JoshBivens,EliseGould,andHeidiShierholzanalyzeatroveofdataonincome,jobs,mobility,poverty,wages,andwealthtodemonstratethatrisingeconomicinequalityoverthepastthreedecadeshasdecoupledoveralleconomicgrowthfromgrowthinthelivingstandardsofthevastmajority.TheneweditionofTheStateofWorkingAmericaalsoexpandsonthisanalysisofAmericanlivingstandards,mostnotablybyplacingtheGreatRecessioninhistoricalcontext.ThesevereeconomicdownturnthatbeganinDecember2007cameontheheelsofahistoricallyweakrecoveryfollowingthe2001recession,arecoverythatsawmanymeasuresoflivingstandardsstagnate.Theauthorsviewthepastdecadeas“lost“intermsoflivingstandardsgrowth,andwarnthatmillionsofAmericanhouseholdsfaceanotherdecadeoflostopportunity.Especiallytroubling,theauthorsstress,isthatwhileoveralleconomicperformanceinthedecadesbeforetheGreatRecessionwasmorethansufficienttobroadlyraiselivingstandards,broad-basedgrowthwasblockedbyrisinginequalitydrivenlargelybypolicychoices.Adeterminedlydata-drivennarrative,TheStateofWorkingAmericaremainsthemostcomprehensiveresourceabouttheeconomicexperienceofworkingAmericans.
jobs mobility poverty taxes AMERICA JOBS MOBILITY STATE POVERTY WORKING WRITTEN TAXES
