Wednesday, August 15, 2018

Michelle Singletary previews Allisa Quart's book "Squeezed"

Here’s a book preview recommended by Michelle Singletary Sunday in her “color of money” column in the Washington Post.

The book is “Squeezed: Why Our Families Can’t Afford America”, by Allisa Quart, of the Economic Hardship Reporting Project,  from Ecco, Harper Collins. 322 pages.

A book I reviewed on Wordpress, “Selfie” (also July 19 preview here) had explained the sacking of the middle class in terms of Ayn Rand-like personal perfectionism and a “winner take all” economy that looks at all but the frontrunners as “losers”.  It’s the mentality that led the Washington Nationals baseball team to fire Dusty Baker after last season, and look at how the Nats are struggling now.  Such short-sighted, misapplied selfishness doesn’t work.

Singletary also talks about a 2014 Brookings report “The Wealthy Hand-to-Mouth”.

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