Study By MIT Economist: U.S. Has Regressed To A Third-World Nation For Most Of Its Citizens

2018/03/14 wwchu 國際經濟情勢

  The Intellectualist, 2018/3/7

https://www.themaven.net/theintellectualist/news/study-by-mit-economist-u-s-has-regressed-to-a-third-world-nation-for-most-of-its-citizens-Sb5A5HZ1rUiXavZapos30g?full=1&from=groupmessage&isappinstalled=0

Peter Temin, Professor Emeritus of Economics at MIT, believes the ongoing death of “middle America” has sparked the emergence of two countries within one, the hallmark of developing nations.

In his new book, The Vanishing Middle Class: Prejudice and Power in a Dual Economy, Temin paints a bleak picture where one country has a bounty of resources and power, and the other toils day after day with minimal access to the long-coveted American dream.

 

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