11 November 2011

Elizabeth Warren: Law, Politics, and the Coming Collapse of the Middle Class

A generation ago, one working parent was able to meet financial needs of a family. We now spend (adjusted for inflation) less on clothing, food, etc., while we spend 80% more on mortgages, 75% more on health insurance, 60% more on automotive-related expenses, childcare as a result of both parents being forced to work, massive increases in taxation. We work harder today, yet have less to show for it. Working mothers was a way to get ahead a generation ago, yet today it is a necessity.

Conversations host Harry Kreisler welcomes Harvard Law Professor Elizabeth Warren for a discussion of the economic pressures confronting the two income middle class family as it struggles to pay mortgages, health care, and education costs. Professor Warren offers surprising answers to "Who goes bankrupt and why?" and explores the role of banks and credit card companies in tightening the squeeze on the average American family. The interface between politics and the law in addressing these problems is explored. (#12490)




Law, Politics, and the Coming Collapse of the Middle Class with Elizabeth Warren (Conversations with History) - UCTV - University of California Television

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