Third World America - Arianna Huffington [92]
17 Perhaps the reason can: Center for Labor Market Studies, Northeastern University, “Labor Underutilization Problems of U.S. Workers Across Household Income Groups at the End of the Great Recession,” Feb. 2010, www.clms.neu.edu.
18 These numbers, according to: Robert Frank, “High Unemployment? Not for the Affluent,” 12 Feb. 2010, www.wsj.com.
19 “These are the kinds …”: Bob Herbert, “The Worst of the Pain,” 9 Feb. 2010, www.nytimes.com.
20 In the last chapter of: Michael Herr, Dispatches, 5th ed. (New York: Knopf, 2009), 201.
21 And Tom Wolfe: Tom Wolfe, “The Birth of ‘The New Journalism’: Eyewitness Report by Tom Wolfe,” New York magazine, 14 Feb. 1972, 38.
22 So, in 1845, he wrote: Benjamin Disraeli, Sybil, or the Two Nations (London: Macmillan, 1895), 74.
23 Forty years ago, top executives: Kenneth Dodge, “Make CEOs Help the Little Guy,” Pittsburgh Post-Gazette, 7 Feb. 2010, www.post-gazette.com.
24 Between 2007 and 2008, more than: Derek Douglas and Almas Sayeed, “An Ever Increasing Divide,” Center for American Progress, 1 Sep. 2006, www.americanprogress.org.
25 In 2005, households: Ibid.
26 In 2007, the top 10 percent: Henry Blodget, “The Rich Get Richer and the Poor Get … Fired,” 13 Aug. 2010, www.businessinsider.com.
27 Between 2000 and 2008, the poverty rate: “The Suburbanization of Poverty: Trends in Metropolitan America, 2000 to 2008,” 20 Jan. 2010, www.brookings.edu.
28 Almost one hundred million Americans: Matt Miller, “The Upside of Downward Mobility,” 29 Dec. 2010, www.money.cnn.com.
29 The percentage of Americans: Economic Mobility Project, “Getting Ahead or Losing Ground: Economic Mobility in America,” Feb. 2010, www.economicmobility.org.
30 If you were born: Ibid.
31 In a study of economic mobility: Isabel Sawhill and John E. Morton, “Economic Mobility: Is the American Dream Alive and Well?” May 2007, www.economicmobility.org.
32 Since the recession began: Darlene Superville, “Obama: Jobs Bill Will Help Small Business Owners,” 13 Mar. 2010, www.huffingtonpost.com.
33 Over 2 million of those: Christopher Rugaber, “Millions of Jobs That Were Cut Won’t Likely Return,” 13 May 2010, www.bostonglobe.com.
34 We lost 1.2 million: Diana Furchtgott-Roth, Irwin Stelzer, and John Weicher, “Hudson Institute Economic Report,” 8 Jan. 2010, www.hudson.org.
35 In 1950, manufacturing accounted: Richard Florida, “How the Crash Will Reshape America,” Mar. 2009, www.theatlantic.com.
36 Indeed, one-third of all: Richard McCormack, “The Plight of American Manufacturing,” 21 Dec. 2009, www.prospect.org.
37 According to Thomas Philippon: Thomas Philippon, “The Future of the Financial Industry,” 16 Oct. 2008, www.sternfinance.blogspot.com.
38 As MIT professor Simon Johnson recounted: Simon Johnson, “The Quiet Coup,” May 2009, www.theatlantic.com.
39 That’s right—over 40: Ibid.
40 James Kwak, coauthor of: James Kwak, “ ‘13 Bankers’ in 4 Pictures: Why Wall Street Profits Are Out of Whack,” 15 Apr. 2010, www.huffingtonpost.com.
41 According to New York Times columnist Paul Krugman: Paul Krugman, “Don’t Cry for Wall Street,” 22 Apr. 2010, www.nytimes.com.
42 But the data points: Sandra Pianalto, Federal Reserve Bank of Cleveland, “Forecasting in Uncertain Times,” 18 May 2010, www.clevelandfed.org.
43 Her conclusion: “Many people …”: Ibid.
44 At a D.C. jobs fair: Laura Bassett, “D.C. Career Fair for Older Workers Attracts Thousands,” 12 May 2010, www.huffingtonpost.com.
45 According to BusinessWeek: Mike Dorning, “College Grads Flood U.S. Labor Market with Diminished Prospects,” 19 May 2010, www.businessweek.com.
46 And many workers who have managed: Laura Bassett, “Same Job, Less Pay: Employees Learn to Swallow Their Demotions,” 7 May 2010, www.huffingtonpost.com.
47 Adding insult to injury, a growing number: Peter S. Goodman, “Cuts to Child Care Subsidy Thwart More Job Seekers,” 23 May 2010, www.nytimes.com.
48 And kids were left scrambling: Heather Hollingsworth, “Cash-Strapped Districts Cutting Summer School,” Associated Press, 23 May 2010.
49 As the