Magazine article The American Prospect

From the Executive Editor

Magazine article The American Prospect

From the Executive Editor

Article excerpt

The big policy question in Washington at the moment is whether the economy is just slowly crawling back from an unusually deep recession or whether something else is going on. Not only was the recession different from most but so, it seems, is the recovery, and without radical change, it appears unlikely that the jobs and benefits that once helped build a secure middle class will reappear soon. Our March issue confronts that big question from several angles: HAROLD MEYERSON's cover story digs deep into corporate data and finds that American businesses have figured out new ways to make record profits without hiring American workers--in effect, unmooring themselves from our economy. In a special report edited by ROBERT KUTTNER, leading experts, including E.J. DIONNE JR., KAI WRIGHT, DEAN BAKER, THEDA SKOCPOL, and JACOB S. HACKER, look at the impact of these trends along with rising inequality and propose an agenda for the middle class that would not only be good politics but would restore the economic promise we once took for granted. Homeownership, of course, was always part of that promise, but in the wake of the housing boom, we now see its risks more clearly. As frequent contributor ALYSSA KATZ shows, however, new models are being developed that could provide the security and economic benefits of homeownership without the risk. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.