Research from my upcoming paper on the myth of American Consumerism has been covered by Mark Huffman in ConsumerAffairs. He writes:
While these costs [of health care, education, housing and commuting costs] are rapidly rising, job growth has slowed to a trickle. Jobs are harder to come by and don’t pay as much. Declining incomes make rising costs of health care, education, housing and transportation harder to bear.
The middle class hasn’t wasted its wealth, Cohen insists. But they now face a lose-lose choice between sustainable finances and access to quality schools, child care, medical care, public safety, and employment opportunities.