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.  See acast.com/privacy for privacy and opt-out information.

Om Podcasten

From Oxford University's Rothermere American Institute, host Professor Adam Smith talks to guests doing world-leading research that sheds light on the United States from the outside in. We ask what forces have shaped the culture and politics of the US, how its role in the world has changed and what it might be in the future. Is America now, or has it ever been, the "last best hope of earth"? Probably not, but plenty of people have thought so. We try to understand why. See acast.com/privacy for privacy and opt-out information.