The Erosion of Middle-Class Economic Security after 2001

Source: Christian Weller, Challenge, Vol. 51 no. 1, January-February, 2008
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This economist presents a variety of ways of measuring how security has been reduced in the 2000s. How well can middle-class Americans withstand financial emergencies–a bout of unemployment, for example, or a medical emergency? He finds that the gains in security of the late 1990s were eroded entirely in the 2000s.

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