The U.S. economy is wrapping up 25 years of some of the strongest growth in its history. At the same time, Americans report feeling more economically insecure than ever. Gosselin discusses this threat to working Americans' security and what to do about it.
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The U.S. economy is wrapping up 25 years of some of the strongest growth in its history. At the same time, Americans report feeling more economically insecure than ever. Gosselin discusses this threat to working Americans' security and what to do about it.
Read Less
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Seller's Description:
Good in Very good jacket. x, 374 pages. Illustrations. Methods. Notes. Index. Signed by the author on the title page. Yellow highlighting noted throughout the book. Peter G. Gosselin is an accomplished business writer who "presents the complicated world of economics to readers in a clear tone, " according to Quill writer Max Cacas. In 1999 Gosselin was named a SDX Award winner by the Society of Professional Journalists for his Washington correspondence. Gosselin, who holds degrees in philosophy and business, has written hundreds of articles on economic topics over his career, which has spanned three decades. High Wire is based on a series of articles he wrote over a period of several years for the Los Angeles Times. The U.S. economy is wrapping up twenty-five years of some of the strongest, smoothest growth in its history-a performance so sweet economists have given it a name: the Great Moderation. So why have so many of us, even those making hundreds of thousands of dollars, arrived at the new century with a gnawing sense that events are moving against our families and ourselves? The easy answer is that we're suffering a case of needless anxiety. But the easy answer is wrong. Drawing on interviews with hundreds of Americans and new statistics he developed, Peter Gosselin traces a quarter-century shift of economic risk from the broad shoulders of business and government to the backs of working people. It is a shift that has shaken the pillars of most families' lives-stable jobs, solid benefits, government protections. The change doesn't mean one can't prosper. But it does mean the benefits of growth come at greater peril and your financial fall will be steeper if you stumble. This threat to working Americans' security-and what to do about it-is a pressing concern to economists, policy-makers, and everyone who works for a living.
