The outsourcing of good jobs, the elimination of pensions, rampant home foreclosures; skyrocketing higher education costs and mounting debt: Given these stark realities, the American middle class seems to be sinking fast. The renowned reporting team of Donald Barlett and James Steele insists it is no accident.
I was excited to talk with the duo about the problems now facing our middle class—and about how we can pull ourselves from the abyss.
America’s middle class has been the backbone of our nation’s success. But now the opportunities and education long available to many are open only to a privileged few. In The Betrayal of the American Dream, a New York Times bestseller, Donald L. Barlett and James B. Steele show how a prosperous new ruling elite has systematically impoverished our middle class and made it far less certain our children will enjoy a better life than their parents.
Join us at the AFL-CIO for the third event of our fall book series to discuss Barlett and Steele's book, The Betrayal of the American Dream, Friday, Sept. 28, at noon. Bring your lunch; beverages will be available. Books will be available for purchase and authors' signing.
Pulitzer Prize-winning journalist and author Hedrick Smith joined us here today to discuss his new book, Who Stole the American Dream? Can We Get It Back? at an event sponsored by the AFL-CIO and the Economic Policy Institute (EPI).
In Who Stole the American Dream? Smith deploys his formidable investigative skills to trace how we got to a point where U.S. economic policy overwhelmingly favors the rich—and looks at whether it's possible to undo the damage done to our working and middle class. Smith, known for his investigative journalism, is author of the national bestseller, The Power Game: How Washington Works. In 1971, as chief diplomatic correspondent for The New York Times, he was a member of the Pulitzer Prize-winning team that produced the Pentagon Papers series. We asked Smith a few questions about what he found in researching his new book.
Many people can no longer attain the American Dream—and high-level decisions over the past few decades have led our nation to this point.
Join us on Thursday, Sept. 13, when Pulitzer Prize-winning author and reporter Hedrick Smith will discuss his new book, Who Stole the American Dream? Can We Get It Back? In his latest look into the deepest layers of Washington politics, Smith deploys his formidable investigative skills to trace how we got here—and whether we can undo the damage. (RSVP here.)
College grads today are wondering whether education plus hard work is really the formula for success—and for good reason. The missing ingredient in that formula? It’s leverage. The power of collective action.
Van Jones, a former Obama White House adviser on green jobs and an award-winning human rights activist, maps out how to turn Dr. Martin Luther King Jr.’s and the American Dream into reality in his new book Rebuild the Dream. The book is due out April 4, the anniversary of King’s assassination in Memphis in 1968, but you can click here to pre-order.
At the Take Back the American Dream conference this afternoon, AFL-CIO President Richard Trumka described the unequal economic situation in the country today, saying:
Think about it: Bank of America, which makes about $1 billion a month, announces it’s going to charge customers $5 a month to use their own money to shop with their debit cards. Mind you this is the financial giant that paid its global banking and markets president nearly $30 million last year—and this year turned around and announced it’s going to fire 30,000 workers!