Saturday, February 2, 2013

Who Stole the American Dream: by Hedrick Smith

http://www.amazon.com/Who-Stole-the-American-Dream/dp/B0098TV1HU/ref=sr_1_2?s=digital-text&ie=UTF8&qid=1359824922&sr=1-2&keywords=Who+Stole+the+a


"The primary cause of middle-class stagnation lies in the wedge economics practiced by business leaders."  (the rise of part time work: "permatemps") p. 74

Microsoft set the trend

The social pressure of two income families 76

The Wall-Mart model, p.86-87.


The shift from pensions to 401k plans saved 2-3% of corporations and that money went to corporate profits and bigger stock options bonuses for the CEO and other top executives. 87 From Hacker's "The Great Risk Shift".


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