The Squeezed Middle
The Pressure on Ordinary Workers in America and Britain
Distributed for Policy Press at the University of Bristol
American workers have not benefited from growth for an entire generation: adjusting for inflation, the average American worker today earns as much as the average American worker did in 1975. During the last decade British workers have had a similar experience—they can no longer assume that when the economy grows their wages will grow with it. With contributions from a number of leading economic and policy thinkers, this collection analyzes the impact of different policies on those with low to middle incomes and explains what lessons the UK can learn from America’s so-called lost generation. A timely and crucial book, it is essential reading for anyone concerned about the living standards crisis and will have great relevance to policy makers and researchers in the UK, United States, and beyond.