Tuesday, November 17, 2015

The American Dream, a Nightmare of Economic Dispair

Despair, American Style (Paul Krugman) from the New York Times
"In a recent interview Mr. Deaton suggested that middle-aged whites have “lost the narrative of their lives.” That is, their economic setbacks have hit hard because they expected better. Or to put it a bit differently, we’re looking at people who were raised to believe in the American Dream, and are coping badly with its failure to come true."

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