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|Additional Physical Format:||Print version:
Squeezed middle : The pressure on ordinary workers in America and Britain.
Bristol : The Policy Press, ©2013
|Material Type:||Document, Internet resource|
|Document Type:||Internet Resource, Computer File|
|All Authors / Contributors:||
|ISBN:||9781447308959 1447308956 144730893X 9781447308935 9781283975162 1283975165|
|Description:||1 online resource (183 pages)|
|Contents:||The squeezed middle; Contents; List of tables and figures; Notes on contributors; Foreword; A note on terminology; Introduction; Core themes of this volume; Introducing the contributions to the volume; A wake-up call for the UK; Section 1: Setting the scene:a rising tide no longer lifts all boats; 1.1: A lost decade, not a burst bubble: the declining living standards of middle-class households in the US and Britain; The long-term stagnation of median household income; What lies behind this story?; Looking ahead; 1.2: Rising incomes and modest inequality: the high-employment route. The broken link between economic growth and wagesRising market inequality; Redistributive mechanisms are under increasing pressure; A high-employment route; How to do it; How much additional revenue?; A future of lousy jobs?; One piece of the puzzle; Section 2: Policy lessons:creating quality work, raisingincomes and building greatereconomic security; 2.1: Improving job quality in low-paid jobs: care workers in the US; A Cinderella workforce; Improving job quality in an era of home-based care; Conclusion; 2.2: Employment change and economic vulnerability in the US. America's distinctive contextExploring dimensions of economic vulnerability; Concluding thoughts; 2.3: New evidence and new directions for promoting labour market advancement for low and modest earners; Findings from the American Employment Retention and Advancement evaluations; The UK Employment Retention and Advancement Demonstration; Key findings from the UK Employment Retention and Advancement Demonstration5; WorkAdvance: a 'next-generation' advancement programme; Conclusion; 2.4: Boosting the pay packets of low- to middle-income families; A brief history of tax credits. The impact of tax credits on work incentivesTax credits versus low wages: compliments or substitutes?; Conclusion: the politics of boosting pay packets; 2.5: Strategies to expand the affordable private rental stock; Low Income Housing Tax Credits; Real Estate Investment Trusts; Tax increment financing; Conclusions; 2.6: Insulating middle-income households from economic insecurity: why savings matter, and how we can increase them; The difference that savings can make; Three innovations that support saving activity; Conclusion; Section 3: Looking ahead: a cautionary tale. 3.1: The path to post-recession prosperityAusterity or prosperity?; The revenue path to prosperity; The spending path to prosperity; Conclusion; 3.2: How US politics is undermining the American Dream, and what it means for the UK; The middle class and its discontents; The political roots of middle-class strains; Lessons for the UK; 3.3: Conclusion: learning the lessons; Achieving better wage growth; Meaningful protection against risks; The new needs of working families; Voice, power and decision-making; A squeezed decade; Index.|
Sophia Parker is an Associate at the Resolution Foundation, having previously been the Director of Policy and Research. This book is the product of a year-long visiting fellowship at Harvard
- Cost and standard of living -- United States.
- Cost and standard of living -- Great Britain.
- Wage-price policy -- United States.
- Wage-price policy -- Great Britain.
- Low-income consumers -- Government policy -- United States.
- Low-income consumers -- Government policy -- Great Britain.
- Socialism -- Europe.
- BUSINESS & ECONOMICS -- Economics -- Macroeconomics.
- POLITICAL SCIENCE -- Economic Conditions.
- POLITICAL SCIENCE -- Public Policy -- Social Policy.
- Cost and standard of living.
- Working class.
- Great Britain.
- United States.