19 Jun Thursday July 23, 2015– Betta Ehrenfeld Public Policy Forum at the Strand Theater in Rockland, ME at 4 p.m.
Betta Ehrenfeld Public Policy Forum
The Demise of the American Middle Class: Is it real? Is it reversible? Is it inevitable?
Hosted by the Frances Perkins Center
Because of her pivotal role in creating New Deal programs – programs that continue to provide financial security to millions of Americans today – Frances Perkins is credited with helping to establish the American middle class. Prior to the 1930’s, Americans were divided between the poor and the wealthy. Economic developments over the past thirty years have caused a substantial erosion of the average wealth of the American family, and income stagnation for most Americans has greatly reduced their buying power. The economic security of American families to which Frances Perkins devoted her life to achieving is in jeopardy. What are the causes of these developments? What can be done to reverse them? Is the current state of our economic condition an inevitable consequence of a capitalist economy?