I want to talk about the deep, emphatic collective denial about what was going on in this country that has been practiced by most of the middle class over the past twenty years, coming on the heels of the retreat from politics that happened after the sixties.
I’ll never forget, as the wealth-restributive juggernaut started accelerating during the 1990s, a relative of mine, after a lifetime of work in education, telling me that she thought teaching would remain an economically stable profession. She also insisted that we remained the world’s most mobile society.
Well, Joseph stiglitz has something to say about that in The New York Times.