BOOK REVIEW
The Vanishing Middle Class: Prejudice and Power in a Dual Economy, Author: Peter Temin.
By Lynn Parramore – America is not one country anymore. It is becoming two, each with vastly different resources, expectations, and fates.
In one of these countries live members of what Temin calls the “FTE sector” (named for finance, technology, and electronics, the industries which largely support its growth). These are the 20 percent of Americans who enjoy college educations, have good jobs, and sleep soundly knowing that they have not only enough money to meet life’s challenges, but also social networks to bolster their success. They grow up with parents who read books to them, tutors to help with homework, and plenty of stimulating things to do and places to go. They travel in planes and drive new cars. The citizens of this country see economic growth all around them and exciting possibilities for the future.
They make plans, influence policies, and count themselves as lucky to be Americans.
The FTE citizens rarely visit the country where the other 80 percent of Americans live: the low-wage sector. Here, the world of possibility is shrinking, often dramatically. People are burdened with debt and anxious about their insecure jobs if they have a job at all. Many of them are getting sicker and dying younger than they used to. They get around by crumbling public transport and cars they have trouble paying for. Family life is uncertain here; people often don’t partner for the long-term even when they have children. If they go to college, they finance it by going heavily into debt.
They are not thinking about the future; they are focused on surviving the present. The world in which they reside is very different from the one they were taught to believe in. more> https://goo.gl/LKhYy6
By Lawrence M. Krauss – Each time we peel back one layer of reality, other layers beckon. So each important new development in science generally leaves us with more questions than answers. But it also usually leaves us with at least the outline of a road map to help us begin to seek answers to those questions.
By Jaan Praks – The Aalto-2 satellite, designed and built by students, is ready and waiting to be launched inside the Cygnus space shuttle at the Cape Canaveral Space Launch Complex in the US.
By Sabine Hossenfelder – After you die, your body’s atoms will disperse and find new venues, making their way into oceans, trees and other bodies.
By George Musser – If a rhinoceros is also able to hurt me, it must be close, too. And if both a lion and a rhino are able to hurt me, then the lion and rhino should also be able to hurt each other. (Indeed, my survival depends on it.)
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