Down the Up Escalator

Released on by Barbara Garson
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  • Down the Up Escalator Book Detail

  • Author : Barbara Garson
  • Release Date : 2014-01-28
  • Publisher : Anchor
  • Genre : Social Science
  • Pages : 290
  • ISBN 13 : 0307475980
  • File Size : 76,76 MB
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Down the Up Escalator by Barbara Garson PDF Summary

Book Description: One of our most incisive and committed journalists—author of the classic All the Livelong Day—shows us the real human cost of our economic follies. The Great Recession has thrown huge economic challenges at almost all Americans save the super-affluent few, and we are only now beginning to reckon up the human toll it is taking. Down the Up Escalator is an urgent dispatch from the front lines of our vast collective struggle to keep our heads above water and maybe even—someday—get ahead. Garson has interviewed an economically and geographically wide variety of Americans to show the painful waste in all this loss and insecurity, and describe how individuals are coping. Her broader historical focus, though, is on the causes and consequences of the long stagnation of wages and how it has resulted in an increasingly desperate reliance on credit and a series of ever-larger bubbles—stocks, technology, real estate. This is no way to run an economy, or a democracy.

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