Crunch: Why do I Feel So Squeezed?
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Is Social Security really going bust, and what does that mean to me? If I hire an immigrant, am I hurting a native-born worker? Why does the stock market go up when employment declines? Should I give that homeless guy a buck? What"s a "living wage"? How much can presidents really affect economic outcomes? What does the Federal Reserve Bank really do? And even when some pundits say the economy"s sound, why do I still feel so squeezed? If you"d like some straight answers, premier economist Jared Bernstein is here to help. In Crunch he responds to dozens of questions he has fielded from working Americans, questions that directly relate to the bottom-line, dollars-and-cents concerns of real people. Chances are if there"s a stumper you"ve always wanted to ask an economist, it"s solved in this book.Bernstein is fed up with "Darth Vaders with PhDs" who use their supposed expertise to intimidate average citizens and turn economics into a tool for the rich and powerful. In the pages of Crunch,...