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"Americans cope with the fallout from 40 years of dwindling prospects in
this quietly harrowing mosaic of economic decline. Journalist Garson
(All the Livelong Day) focuses on the basics jobs, homes, money and the
people who have lost them since the 2008 financial crisis: a group of
middle-aged New Yorkers who comfort each other as their layoffs turn
into long-term unemployment; California homeowners, some facing
immediate eviction, while others cynically game the foreclosure system;
elderly pensioners who suddenly find their nest eggs crushed. Through
their stories, she weaves lucid explanations of the mortgage bubble and
financial speculations that wrecked the system, situating them within a
larger analysis of the generations-long post-Vietnam economic
transformation that replaced middle-class jobs with low-paid contingent
labor, widened the gulf between the rich and the rest, and forced
workers to take on ever more debt to keep their heads above water.
Garson's vivid, shrewd, warmly sympathetic profiles show the resilience
with which ordinary Americans respond to misfortune, but also the
enduring costs as they abandon hopes for a fulfilling career, an extra
child, or a secure retirement. The result is a compelling portrait of an
economy that has turned against the people" (Publishers Weekly)
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