middle class

Word of Mouth
12:00 pm
Thu January 23, 2014

Rethink 2014: The American Dream

Credit Sara Plourde

The statistics are grim. Since the late 1970s, incomes for the top 1% of Americans have quadrupled, while real wages for the bottom half of the workforce have stagnated. Just this week, Oxfam International reported that the 85 richest people on earth, now have the same amount of wealth as the bottom half of the global population. So what does this all mean for the American ideals laid out in the Declaration of Independence: life, liberty, and the pursuit of happiness? In his latest book Who Stole the American Dream?  Hedrick Smith chronicles the dismantling of America’s middle class over four decades. Smith is a Pulitzer prize-winning journalist and the author of many books, including The New Russians, and Rethinking America.

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The Exchange
9:00 am
Tue October 22, 2013

Hedrick Smith's "Who Stole The American Dream?"

By looking at corporate and financial structures from an historical perspective, Smith contends that over four decades our middle class has been dismantled and that we have become two Americas.

GUEST:

  • Hedrick Smith - author, prize-winning investigative reporter and documentary producer. Among the books that Smith has written are The Power Game: How Washington Works and Rethinking America.

*Hedrick Smith will be appearing at Gibson’s Bookstore in Concord on Tuesday, October 22nd at 7.

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The Exchange
9:00 am
Tue October 9, 2012

What to Make of the Middle Class?

For a long time, 'middle class' meant 'comfortable'.  It was a place to strive for and once there, it meant a stable job, a nice home and secure retirement.  But a recent study by the Pew Research Center describes a 'Lost Decade' of the Middle Class, finding this groups to be fewer, poor and gloomier due to the economic crisis.

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