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Using recent polling results, this book identifies the core economic components of the American Dream: standard of living, financial security, and upward mobility. The authors document the trend in each of these components over the last thirty years, using figures (trend lines and bar charts) based upon the best available data. Collectively, this evidence has alarming implications for the economic fate of those at the bottom of the nation's income distribution. For that group, as the authors show, the American Dream is dying.
Peter D. McClelland is emeritus professor of economics at Cornell University and the author and editor of numerous books, including The State of Americans: This Generation and the Next, The American Search for Economic Justice, and Crisis in the Making; The Political Economy of New York State since 1945. Peter Tobin is a Ph.D. candidate in engineering and applied science at Yale University.
Introduction Chapter 1: Problems of Definition Chapter 2: Standard of Living Chapter 3: Financial Security Chapter 4: Mobility Chapter 5: Education and Mobility Chapter 6: The Future: Aggregate Growth Chapter 7: The Future: Distribution Chapter 8: Fiscal Constraints Conclusion
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- ID: 9781442201965
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