Foreword
That’s the joke circulating about the American attitude toward our current economy, our past, and our prospects.
It’s a short joke, but one that captures Americans’ dark suspicions about our future. In the 1950s, jobs were available and pay was high. Americans found they were able to work fewer hours than before and buy better cars and appliances. Mortgages were low. Education was available and universities were good. The Midwest drew workers rather than sent them away. When someone lost a job, he found another. Teenagers went joyriding in their parents’ cars. It all looked easy at the time. But today no one seems to be putting forward a ...
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