Silent Depression: Twenty-Five Years of Wage Squeeze and Middle Class Decline - Paperback

by Wallace C. Peterson (Author), Anthony Burgess (Author)

The year 1973 marked a turning point, as Peterson makes clear in this carefully documented book. When several key economic indicators changed course, the "silent depression set in, resulting in problems for the shrinking middle class, the poor, and the American family." Peterson calls for strong medicine and closes with proposals for health care, education, and the tax system that will help speed the economy's recovery.

Back Jacket

'This highly relevant, truly important book reveals the stagnation of American economic life--the meager performance, the high unemployment, the increasing inequality. It supports its argument and its cogent recommendations with a compelling deployment of fact.' -John Kenneth Galbraith