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The Shrinking American Middle Class

The Social and Cultural Implications of Growing Inequality

  • Authors
  • Joseph Dillon Davey

Table of contents

  1. Front Matter
    Pages i-vii
  2. Joseph Dillon Davey
    Pages 1-9
  3. Joseph Dillon Davey
    Pages 11-23
  4. Joseph Dillon Davey
    Pages 25-38
  5. Joseph Dillon Davey
    Pages 39-51
  6. Joseph Dillon Davey
    Pages 53-65
  7. Joseph Dillon Davey
    Pages 67-83
  8. Joseph Dillon Davey
    Pages 85-97
  9. Joseph Dillon Davey
    Pages 99-113
  10. Joseph Dillon Davey
    Pages 115-129
  11. Joseph Dillon Davey
    Pages 131-139
  12. Joseph Dillon Davey
    Pages 141-154
  13. Back Matter
    Pages 171-200

About this book

Introduction

The United States lost one third of its factory jobs in the past decade as jobs were outsourced offshore, mostly to Asia. Jobs that require a college degree are next to go. China will award six times as many degrees this year as they did ten years ago and any job that can be digitized will be 'tradable'. Estimates of the number of vulnerable jobs range from a low 11 million to a staggering 56 million 'middle class' jobs. The median United States household income has already dropped by seven percent since 2000 and without dramatic changes in the American workforce that trend will become a disaster for middle class Americans.

Keywords

China demography inequality taxation

Bibliographic information