Who Stole the American Dream?
Tuesday, September 11, 2012
Pulitzer Prize winner Hedrick Smith argues that, over the past four decades, the American Dream has been dismantled. His book Who Stole the American Dream? examines the accidental beginnings of the 401(k) plan, the policy changes that began under Jimmy Carter; how the New Economy disrupted America’s engine of shared prosperity, and how America lost the title of “Land of Opportunity.” Smith documents how the U.S. policy tilt favoring the rich is stunting America’s economic growth.