1.

Record Nr.

UNINA9910793944803321

Autore

Sullivan Teresa A.

Titolo

The Fragile Middle Class : Americans in Debt / / Teresa A. Sullivan, Elizabeth Warren, Jay Lawrence Westbrook

Pubbl/distr/stampa

New Haven, CT : , : Yale University Press, , [2020]

©2020

ISBN

0-300-25373-7

Edizione

[2020 edition.]

Descrizione fisica

1 online resource (405 pages)

Disciplina

332.7/5/0673

Soggetti

Bankruptcy - United States

Consumer credit - United States

Finance, Personal - United States

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

Frontmatter -- Contents -- Illustrations -- Tables -- Preface to the 2020 Edition -- Preface -- Chapter 1. Americans in Financial Crisis -- Chapter 2. Middle-Class and Broke: The Demography of Bankruptcy -- Chapter 3. Unemployed or Underemployed -- Chapter 4. Credit Cards -- Chapter 5. Sickness and Injury -- Chapter 6. Divorce -- Chapter 7. Housing -- Chapter 8. The Middle Class in Debt -- Appendix 1. Data Used in This Study -- Appendix 2. Other Published Studies -- Notes -- Index

Sommario/riassunto

Why have so many middle-class Americans encountered so much financial trouble? In this classic analysis of hard-pressed families, the authors discover that financial stability for many middle-class Americans is all too fragile. The authors consider the changing cultural and economic factors that threaten financial security and what they imply for the future vitality of the middle class. A new preface examines the persistent and new threats that have emerged since the original publication. “[A] fascinating, alarming study. . . . [This] chilling diagnosis of middle-class affliction demonstrates that we all may be only a job loss, medical problem or credit card indulgence away from the downward spiral leading to bankruptcy.”—Publishers Weekly "A well-designed and carefully executed study."—Andrew Greeley,



University of Chicago "The Fragile Middle Class, a well-written work of social science that is about as gripping as the genre gets, forces us to reevaluate notions about consumerism."—American Prospect