The 'Crisis' of the Middle Class Episode
Has the ‘American Dream’ died? If the ‘dream’ is one of a confident expectation of increasing affluence across generations, then perhaps it has. While politicians in both parties talk about a crisis of the ‘middle class’, young people in America now find it harder to get on the property ladder, to go to college, and even to make ends meet week by week, without falling into a debt trap. Adam talks to Devin Fergus, author of Land of the Fee, and Jacob Hacker, co-author of Winner-Take-All Politics: How Washington Made the Rich Richer and Turned Its Back on the Middle Class.
Download this episode here.