Talk Cocktail

GDP = GREATLY DECEPTIVE PROSPERITY


Listen Later

Wherever you are in the political spectrum, we should at least be able to agree on a set of facts about the forces reshaping our society. The cost of housing, particularly in our cities, continues to rise. The cost of higher education, healthcare, and quality day care continue to take a larger and larger share of individual and family incomes.

Income inequality is growing. The impact of automation and AI is only in its infancy. The freelance and gig economy, and recent political and legal moves, have shattered the ability of workers to bargain collectively. All at a time when the social safety net of Medicare, Social Security and pensions are under siege.

What was once the middle class is being hollowed out. While there is no question that some people are doing well in this economy, as evidenced by the fact that retail sales are up, housing sales, particularly driven by women, are holding steady, and the technical unemployment numbers are low. There is no question that as the song lyrics go, “there’s something happening here. What it is ain't exactly clear.” Whatever it is, the net result is hurting and squeezing a lot of people.

Alissa Quart takes us onto the front lines in Squeezed: Why Our Families Can't Afford America.

My WhoWhatWhy.org conversation with Alissa Quart:

...more
View all episodesView all episodes
Download on the App Store

Talk CocktailBy Jeff Schechtman

  • 3.7
  • 3.7
  • 3.7
  • 3.7
  • 3.7

3.7

7 ratings


More shows like Talk Cocktail

View all
Fresh Air by NPR

Fresh Air

38,189 Listeners

Pivot by New York Magazine

Pivot

9,240 Listeners

Pod Save America by Crooked Media

Pod Save America

86,750 Listeners

The Bulwark Podcast by The Bulwark

The Bulwark Podcast

11,812 Listeners

Know Your Enemy by Matthew Sitman

Know Your Enemy

1,940 Listeners

The Ezra Klein Show by New York Times Opinion

The Ezra Klein Show

15,335 Listeners

Primary Sources by Eyal Press

Primary Sources

26 Listeners

The Opinions by The New York Times Opinion

The Opinions

459 Listeners