There's good news today: the US economy grew 5% in the summer quarter. But bad news continues: that growth is not trickling down to everyone. The gap between the "haves" and the "have-nots" is now the biggest on record, and it's not likely to get much smaller any time soon. Opportunities are not what they were before the Recession—let alone before high-paying manufacturing jobs went overseas. We hear about the under-employment of educated people, the bleak outlook for Millennials and the financial plight of racial minorities.
Is America Losing Its Middle Class?
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Credits
Guests:
- Jim Tankersley - New York Times - @jimtankersley
- Nelson Lichtenstein - University of California, Santa Barbara - @UCSBHistory
- Caroline Baum - independent economics journalist - @cabaum1
- Mechele Dickerson - University of Texas-Austin - @amdickerson