Crushing Middle-Class Prosperity
The American Dream is of obtaining middle-class prosperity and socio-economic mobility. Hedrick Smith analyzes how it was lost in America.
The American middle class in the 1960s was the largest and most prosperous in the world. Now, the disparity between top and bottom is huge. Even the wealthiest 5% are falling behind the super-rich 1% that controls 2/3 of the nation’s wealth—trillions of dollars. The remaining 99% earn the remaining 1/3. America … Read More . . . “Who Stole the American Dream”