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Full-Text Articles in Social and Behavioral Sciences
Why You Should Care About The Threatened Middle Class, Jill Littrell, Fred Brooks, Jan Ivery, Mary L. Ohmer
Why You Should Care About The Threatened Middle Class, Jill Littrell, Fred Brooks, Jan Ivery, Mary L. Ohmer
The Journal of Sociology & Social Welfare
In the last two decades, the income and security of the individual middle class worker has declined and the gap between the middle class and the wealthy has widened. We explain how this is bad for democracy, the economy, and the aggregate health of the nation. We examine the governmental policies and interventions that increased the middle class following the depression and maintained its vigor through the post-World War II period. The impetus for these changes in governmental policies in the 1930s was to end the Great Depression. We pose the question of whether a nation can recover from a …
Presidents, Profits, Productivity, & Poverty: A Great Divide Between The Pre- & Post-Reagan U.S. Economy?, Richard K. Caputo
Presidents, Profits, Productivity, & Poverty: A Great Divide Between The Pre- & Post-Reagan U.S. Economy?, Richard K. Caputo
The Journal of Sociology & Social Welfare
This paper examined profits, productivity, and poverty in the United States from 1961 through 2002. Results indicated that the "great divide" thesis regarding the U.S. economy before and after the Reagan administration depends on which measure of the economy is the focus of attention. In addition, on some measures where before and after differences were detected, the nature of those differences was paradoxical. Corporate profits as a share of national income, for example, were highest in Democratic rather than Republican administrations and despite the increased income inequality of the post-Reagan years, individual and family poverty rates remained relatively constant after …