A marked transformation in the U.S. economy has yet to occur. The living standards of most working families have neither fully recovered from the recession of the early 1990s nor benefitted from the overall growth in productivity. (Author)

Using a wide variety of data on family incomes, taxes, wages, unemployment, wealth, and poverty, this book closely examines the impact of the economy on the living standards of the United States. An executive summary gives an overview of the economic realities that characterize the state of the working nation. Other introductory materials include…

Numerous sources of data about family incomes, taxes, wages, unemployment, wealth, and poverty were used to analyze the impact of the economy on living standards in the United States in 1994-1995. It was discovered that most individuals in the United States are worse off in the 1990s than they were at the end of the 1970s. Between 1979 and 1989,…