Synopses & Reviews
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? How much can presidents really affect economic outcomes? Why does the stock market go up when employment declines? What's a ""living wage?"" Why do I feel so squeezed?
If you'd like to know the answers to these questions, premier economist Jared Bernstein is here to help. In ""Crunch"" he answers these as well as dozens of others he has fielded from working Americans by email, on blogs, and at events where he speaks. Chances are if there's a stumper you've always wanted to ask an economist, it's solved in this book.
Synopsis
It's obvious to anyone with a television or a mortgage that the economy is not what it used to be. What is a "subprime loan?" How did delinquent loans result in a global catastrophe the likes of which haven't been seen since the Great Depression? Who are Fannie and Freddie? How do you define middle class? How much can presidents really affect economic outcomes? How do the markets effect me? Whats a living wage? Why do I feel so squeezed?
Synopsis
According to author Bernstein, economic experts all too often manipulate and distort the science at the heart of important issues. In ""Crunch,"" he offers entertaining, informative, and direct answers to a set of compelling economic questions posed by ordinary people.