High Wire: The Precarious Financial Lives of American Families
Peter Gosselin predicted in High Wire that the American worker would take on an exceedingly high level of risk in the American economy, and would be ever more exposed to the volatility of the market. Today, Gosselin's worst fears have been realized. American families are walking a high wire in which a medical crisis, a natural disaster, or the loss of a job could send them into free fall. And as the housing crisis worsens and banks and insurers collapse, many have already fallen. High Wire reveals the quiet corrosion of American living standards and shows how the “ownership society” has turned into the “on-your-own society”—with devastating consequences.
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LibraryThing ReviewUser Review - auntieknickers - LibraryThing
This is a pretty scary book, with a lot of ideas that it would behoove the new administration to look at. The author's thesis is that, in spite of the prosperity of the past 20 years and the lessened ... Read full review
LibraryThing ReviewUser Review - ddonahue - LibraryThing
Illustrates the fine line between apparent financial security and ruin. Documents the exit of business and even the Federal and State governments from providing a financial and medical safety net to ... Read full review