More stories

  • in

    The $2,000 stimulus cheques alone won't work – the US needs better infrastructure

    With the Democrats’ stunning sweep of Georgia’s two Senate run-off elections giving them control of both houses of Congress as of 20 January, the idea of $2,000 stimulus cheques for every household is sure to be back on the agenda in the US. But although targeted relief for the unemployed should unquestionably be a priority, it is not clear that $2,000 cheques for all would in fact help to sustain the US economic recovery.One post-pandemic scenario is a vigorous demand-driven recovery as people gorge on restaurant meals and other pleasures they’ve missed for the past year. Many Americans have ample funds to finance a splurge. Personal savings rates soared following the disbursement of $1,200 cheques last spring. Many recipients now expect to save their recent $600 relief payments, either because they have been spared the worst of the recession or because spending opportunities remain locked down.So, when it’s safe to go out again, the spending floodgates will open, supercharging the recovery. The Fed has already promised to “look through” – that is, to disregard – any temporary inflation resulting from this euphoria.But we shouldn’t dismiss the possibility of an alternative scenario in which consumers instead display continued restraint, causing last year’s high savings rates to persist. Prior to the Covid-19 crisis, some two-thirds of US households lacked the savings to replace six weeks of take-home pay. Having reminded Americans of the precariousness of their world, the pandemic is precisely the type of searing experience that induces fundamental changes in behaviour.We know that living through a large economic shock, especially in young adulthood, can have an enduring impact on people’s beliefs, including those about the prevalence of future shocks. Such changes in outlook are consistent with psychological research showing that people rely on “availability heuristics” – intellectual shortcuts based on recalled experience – when assessing the likelihood of an event. For those parents unable to put food on the table during the pandemic, the experience will establish a heuristic that will be hard to forget.Moreover, neurological research shows that economic stress, including from large shocks, increases anabolic steroid hormone levels in the blood, which renders individuals more risk-averse. Neuroscientists have also documented that traumatic stress can cause permanent synaptic changes in the brain that further shape attitudes and behaviour, in this case plausibly in the direction of greater risk aversion.Though the pandemic is in some ways more akin to a natural disaster than an economic shock, natural disasters also can affect saving patterns: savings rates tend to be higher in countries with a greater incidence of earthquakes and hurricanes.This behavioural response is largest in developing countries, where weak construction standards amplify the impact of such disasters. One study of Indonesia, for example, found large increases in both the perceived risk of a future disaster and risk-averse behaviour among people who had recently experienced an earthquake or flood. While the response to natural disasters may be more moderate in advanced economies – where individuals expect that their government will compensate them – some lasting impact will almost certainly remain.The upshot is that we can’t count on a burst of US consumer spending to fuel the recovery once the rollout of Covid-19 vaccines is complete. And if private spending remains subdued, continued support from public spending will be necessary to sustain the recovery.But putting $2,000 cheques in people’s bank accounts won’t solve this problem because unspent money doesn’t stimulate demand. With interest rates already near zero, the availability of additional funding won’t even encourage investment. Sending out $2,000 cheques to everyone thus would be the fiscal equivalent of pushing on a string.Fortunately, there is an alternative: the president-elect Joe Biden’s $2tn infrastructure plan would mean additional jobs and spending, which is what the post-pandemic economy really needs. Better still, under the prevailing low interest rates, this option would stimulate job creation without crowding out private investment.Guardian business email sign-upAlthough Biden’s plan will require more government borrowing, infrastructure spending that has a rate of return of 2% will more than pay for itself when the yield on 10-year US treasury bonds is 1.15%. By raising output, such expenditure reduces rather than increases the burden on future generations. The International Monetary Fund estimates that, under current circumstances, well-targeted infrastructure investment pays for itself in just two years.Obviously, the “well targeted” part is important. President Donald Trump was right that the Coronavirus Aid, Relief, and Economic Security Act was loaded with pork, not least his own “three-martini lunch” tax deduction for businesses. There’s every reason to question whether Congress can do better when crafting an infrastructure bill.In response to this problem, countries such as New Zealand have established independent commissions to design and monitor infrastructure spending initiatives. If Covid-19 changes everything, then maybe it can change the way the US government organises infrastructure spending. Creating an independent infrastructure commission with real powers would go a long way toward reassuring the sceptics and insuring the recovery against the risks posed by the pandemic’s lingering behavioural effects. More

  • in

    'No time to waste': Biden unveils $1.9tn coronavirus stimulus package

    Joe Biden has unveiled a $1.9tn coronavirus relief proposal, aimed at urgently combating the pandemic and the economic crisis it has triggered. As the US faces its deadliest stage of the pandemic, Biden described the moment as “a crisis of deep human suffering”.
    The ambitious, wide-ranging plan includes $160bn to bolster vaccination and testing efforts, and other health programs and $350bn for state and local governments, as well as $1tn in relief to families, via direct payments and unemployment insurance.
    “There’s no time to waste,” Biden said. “We have to act and we have to act now.”
    Details of the aid package had been released by Biden’s transition team earlier on Thursday.
    If adopted, the proposal would tack on $1,400 to the $600 in direct payments for individuals that Congress approved most recently. “We will finish the job of getting a total of $2,000 in relief to people who need it the most,” Biden said.
    Supplemental unemployment insurance would also increase to $400 a week from $300 a week and would be extended to September.
    “During this pandemic, millions of Americans, through no fault of their own, have lost the dignity and respect that comes with a job and a paycheck,” Biden said on Thursday, speaking from Wilmington, Delaware. “There is real pain overwhelming the real economy.”
    Biden ran on the promise that he would deliver Americans through the coronavirus crisis, and more recently has pledged to ramp up vaccination efforts, and oversee the administering of 100m covid-19 jabs during his first 100 days. More

  • in

    Donald Trump becomes the first US president to be impeached for a second time – live

    Key events

    Show

    4.36pm EST16:36
    Trump becomes the first US president to be impeached twice

    4.25pm EST16:25
    Article of impeachment reaches majority level of support

    3.54pm EST15:54
    House votes on article of impeachment against Trump

    3.51pm EST15:51
    Seventh House Republican says he will support impeachment

    3.37pm EST15:37
    McConnell indicates he is open to convicting Trump

    2.09pm EST14:09
    Statement from the president

    2.05pm EST14:05
    Afternoon summary

    Live feed

    Show

    4.48pm EST16:48

    The most surprising Republican “yes” vote on impeachment came from Tom Rice of South Carolina.
    Before the vote, Rice did not offer any indication that he was planning to support impeachment, and he was not considered one of the likely “yes” votes.
    Rice has not yet put out a statement explaining his vote, but this tweet from last week, sent during the violent riot at the Capitol, captures his frustration with Donald Trump.

    Congressman Tom Rice
    (@RepTomRice)
    To all my friends back home, I am fine. Capitol Police evacuated us from the Capitol Building. DC is in chaos. This will accomplish nothing.Where is the President!? He must ask people to disperse and restore calm now.

    January 6, 2021

    4.40pm EST16:40

    Here are the ten House Republicans who voted to impeach Donald Trump on the charge of incitement of insurrection:
    John Katko of New York.
    Liz Cheney of Wyoming.
    Adam Kinzinger of Illinois.
    Fred Upton of Michigan.
    Jaime Herrera Beutler of Washington state.
    Dan Newhouse of Washington state.
    Peter Meijer of Michigan.
    Tom Rice of South Carolina.
    Anthony Gonzalez of Ohio.
    David Valadao of California.
    The Republicans’ votes made this the most bipartisan presidential impeachment in history. In comparison, five Democrats voted to impeach Bill Clinton in 1998.

    4.36pm EST16:36

    Trump becomes the first US president to be impeached twice

    The House has voted to impeach Donald Trump on the charge of incitement of insurrection, after the president incited a violent mob to storm the Capitol last week, resulting in five deaths.
    The final vote was 232-197, with 10 House Republicans supporting the measure.
    Trump has become the first president in US history to ever be impeached by the House twice.
    The matter will now go before the Senate, which will decide whether Trump should be convicted and removed from office.
    The trial will likely conclude after Joe Biden takes office anyway, but a conviction would prevent Trump from running for president again.

    4.26pm EST16:26

    A tenth House Republican, David Valadao of California, has voted “yes” on the article of impeachment against Donald Trump.
    The vote currently stands at 229-195 in favor of impeachment.
    Nine members have not yet voted.

    4.25pm EST16:25

    Article of impeachment reaches majority level of support

    The article of impeachment has now reached a majority level of support, with at least 229 House members voting “yes” on impeaching Donald Trump for a second time.
    The vote currently stands at 229-194.
    But the vote is still ongoing, and members can change their votes until it is gaveled out. Stay tuned.

    4.21pm EST16:21

    Mike Gallagher of Wisconsin, Ann Wagner of Missouri and Brian Fitzpatrick of Pennsylvania have all voted “no” on impeachment.
    The three members were some of the last remaining Republicans who were considered possible “yes” votes, but they have apparently decided against impeaching the president for a second time.
    It’s looking like the total number of Republicans supporting impeachment will likely be nine, but we won’t know for sure until the vote is complete.

    4.14pm EST16:14

    Seven House Republicans have already voted “yes” on impeaching Donald Trump, and at least two more are expected to do so.
    Assuming no one charges their vote, this will be the most bipartisan presidential impeachment in US history, as a CBC News reporter noted.

    Alexander Panetta
    (@Alex_Panetta)
    BREAKING: This is now the most *bipartisan* presidential impeachment in American history.Six Republicans have already voted to impeach Trump – the most ever from one party again a president of that same party. Previous record: five Democrats vs Bill Clinton in 1998.

    January 13, 2021

    4.11pm EST16:11

    In his statement explaining his vote in support of impeachment, Anthony Gonzalez also accused Donald Trump of having “abandoned his post” amid the violence at the Capitol.
    Gonzalez argued that the president’s failure to act further endangered those present at the Capitol.
    The Republican congressman described the president’s actions as “fundamental threats” to American democracy.

    4.04pm EST16:04

    Two more House Republicans, Tom Rice of South Carolina and Anthony Gonzalez of Ohio, have voted “yes” on impeaching the president.
    Assuming they do not change their votes, they will be the eighth and ninth Republicans to support impeachment.
    In a statement, Gonzalez said he was supporting impeachment because Donald Trump “helped organize and incite a mob that attacked the United States Congress”.

    Rep. Anthony Gonzalez
    (@RepAGonzalez)
    See my full statement on impeachment below. pic.twitter.com/pBBYRI2RUP

    January 13, 2021

    3.54pm EST15:54

    House votes on article of impeachment against Trump

    The House has now concluded its two hours of debate on the article of impeachment against Donald Trump.
    The chamber has moved on to a roll-call vote on the article, incitement of insurrection.
    The measure is expected to pass with the support of all Democrats and at least seven Republicans.

    3.51pm EST15:51

    Seventh House Republican says he will support impeachment

    Peter Meijer, a Republican congressman from Michigan, has become the seventh Republican House member to say he will support the impeachment of Donald Trump.
    “The President betrayed his oath of office by seeking to undermine our constitutional process, and he bears responsibility for inciting the insurrection last week,” Meijer said in a statement. “With a heavy heart, I will vote to impeach President Donald J. Trump.”

    Rep. Peter Meijer
    (@RepMeijer)
    President Trump betrayed his oath of office by seeking to undermine our constitutional process, and he bears responsibility for inciting the insurrection we suffered last week. With a heavy heart, I will vote to impeach President Donald J. Trump. pic.twitter.com/SREfFp0nd2

    January 13, 2021

    Meijer, a freshman congressman, previously said he was considering supporting impeachment, but this is the first time he has clearly said he will do so.
    Seven Republicans have now said they will vote to impeach Trump, which means the president will be impeached in a bipartisan vote. When Trump was impeached the first time, only Democrats supported the measure.

    3.45pm EST15:45

    The debate on the article of impeachment against Donald Trump is now wrapping up, and the House will soon move on to the final vote on impeachment.
    Steve Scalise, the House minority whip, was the final Republican speaker, and he applauded the Capitol Police officers who work to protect lawmakers every day. Two Capitol Police officers have died since last week, when a violent, pro-Trump mob stormed the Capitol.
    House members in the chamber stood to applaud the fallen Capitol Police officers, marking a rare moment of bipartisanship during today’s contentious debate.
    The House majority leader, Steny Hoyer, is the final Democratic speaker, and he has repeatedly cited the words of Republican Liz Cheney, who has said she will support impeachment.
    “Will we stay silent, will we not stand up and say this is not acceptable?” Hoyer said. “Donald Trump has constructed a glass house of lies, fear-mongering and sedition.”

    3.37pm EST15:37

    McConnell indicates he is open to convicting Trump

    The Guardian’s Daniel Strauss reports:
    Mitch McConnell, the top-ranking Republican in the Senate, indicated to colleagues that he is undecided on how he would vote on impeachment.
    In a letter to his Senate colleagues sent out Wednesday afternoon, as members of the House moved forward with impeaching Donald Trump, the Kentucky Republican wrote, “while the press has been full of speculation, I have not made a final decision on how I will vote and I intend to listen to the legal arguments when they are presented to the Senate.”
    The line in his note to Senate colleagues follows The New York Times reporting Tuesday night that McConnell is pleased with Democrats’ move to impeach the president again and has been sharing that sentiment with associates.
    McConnell’s openness to impeaching the president, a fellow Republican, is the most significant sign so far that congressional Republican leaders are less resistant to Trump’s impeachment than the last time the president was impeached.
    In the House, congresswoman Liz Cheney of Wyoming, the House Republican Conference chair, said she would vote to impeach Trump. Five other House Republicans have also come out in support of impeachment.
    It’s unclear how Senate Republicans will vote. It’s also unclear if McConnell’s openness will offer cover for other Republicans who privately would like to see the president impeached. Two-thirds of senators would have to support conviction in order for him to be removed from office.

    3.33pm EST15:33

    Congressman Seth Moulton, a Massachusetts Democrat and a Marine Corps veteran, noted that there are currently more troops in Washington than in Afghanistan.

    Aaron Rupar
    (@atrupar)
    Rep. Moulton: “There are more troops right now in Washington DC than in Afghanistan. And they are here to defend us against the commander in chief, the POTUS and his mob.” pic.twitter.com/bpf9mdWhYi

    January 13, 2021

    “And they are here to defend us against the commander in chief, the president of the United States and his mob,” Moulton said.
    Moulton encouraged his colleagues to look at the National Guard members protecting the Capitol and search for “an ounce of their courage.”

    3.17pm EST15:17

    Young Kim, a freshman Republican congresswoman who flipped a California district that Donald Trump lost by 10 points, will vote against impeachment.

    Young Kim
    (@RepYoungKim)
    However, I believe impeaching the president now will fail to hold him accountable or allow us to move forward once President-elect Biden is sworn in. This process will only create more fissures in our country as we emerge from some of our darkest days. https://t.co/NK1EdO5xoN pic.twitter.com/IJIlb6oGva

    January 13, 2021

    “The violence we saw last week was disgusting. Our law enforcement was attacked, lives were lost and more were put in danger. These rioters must be held accountable. Words have consequences and I believe the president should also be held accountable,” Kim said in a statement.
    “However, I believe impeaching the president at this time will fail to hold him accountable or allow us to move forward once President-elect Biden is sworn in. This process will only create more fissures in our country as we emerge from some of our darkest days.”
    So far, only six House Republicans have signaled they intend to support the article of impeachment.

    3.09pm EST15:09

    It is now past 3 pm in Washington, but the House has not yet moved on to the final vote on the article of impeachment.
    The House majority leader, Steny Hoyer, said yesterday that the final vote would occur at roughly 3 pm, but there are about 20 minutes of debate left.
    Once the debate has concluded, the chamber will move on to voting on the article, which is expected to be approved.

    2.54pm EST14:54

    Chip Roy, a Republican of Texas who has criticized his colleagues’ efforts to cast baseless doubt upon the legitimacy of the presidential election, said he believed Donald Trump had committed “impeachable” offenses.
    “The president of the United States deserves universal condemnation for what was clearly, in my opinion, impeachable conduct, pressuring the vice president to violate his oath to the constitution.” Roy said in his speech.
    And yet Roy will not be supporting the article of impeachment. The congressman argued the article had been drafted in a manner that targeted political speech itself.
    Here’s what the article says, in part: “Donald John Trump engaged in high Crimes and Misdemeanors by inciting violence against the Government of the United States …
    “Donald John Trump, by such conduct, has demonstrated that he will remain a threat to national security, democracy, and the Constitution if allowed to remain in office[.]” More

  • in

    House lawmakers may have been exposed to Covid-19 during Capitol riot

    House lawmakers may have been exposed to someone testing positive for Covid-19 while they sheltered at an undisclosed location during the Capitol riot by a violent mob loyal to Donald Trump.The Capitol’s attending physician notified all lawmakers on Sunday of the virus exposure and urged them to be tested. The infected individual was not named.Dr Brian Moynihan wrote that on Wednesday, “many members of the House community were in protective isolation in the large room – some for several hours” and “individuals may have been exposed to another occupant with coronavirus infection”.Dozens of lawmakers were whisked to the secure location after pro-Trump insurrectionists stormed the Capitol, breaking barricades to roam halls and offices and ransack the building.Some members of Congress huddled for hours in the large room, while others were there for a shorter period.Some lawmakers and staff were furious after video surfaced of Republicans not wearing their masks in the room during lockdown.Newly elected Georgia representative Marjorie Taylor Greene, a presidential ally aligned with the pro-Trump QAnon conspiracy theory, was among those Republicans not wearing masks.No further details were provided on which person has tested positive for the virus. More

  • in

    US jobs numbers drop dramatically as Covid cases soar across the country

    The recovery in the US jobs market collapsed in December, the last full month of Donald Trump’s presidency, as coronavirus infections soared across the country.The US lost 140,000 jobs in December, down from a gain of 245,000 in November, according to the Bureau of Labor Statistics (BLS). The loss ended seven months of jobs growth with the leisure and hospitality sector once again bearing the biggest losses.The unemployment rate stayed at 6.7%, close to twice as high as it was in February before Covid-19 hit the US. It is also three percentage points higher than the 4.5% rate Trump inherited from his predecessor Barack Obama.Some 372,000 jobs were lost in food services and drinking places, offsetting gains in other areas, as Covid-19 infections and deaths rose sharply across the country. “The decline in payroll employment reflects the recent increase in coronavirus (Covid-19) cases and efforts to contain the pandemic,” the BLS said.Four million Americans have been unemployed for 27 weeks or more – technically defined as long-term unemployed – accounting for 37% of those out of work. Unemployment rates for black (9.9%) and Latino (9.3%) workers remained sharply higher than for white Americans (6%).After months of wrangling Congress passed a $900bn stimulus package in December but the relief came too late for many. Joe Biden has pledged more aid for those hit by the pandemic’s economic fallout but areas like hospitality are likely to continue suffering until the virus is under control.Friday’s latest jobs report comes after months of worrying signs in the jobs market. On Thursday the labor department said another 787,000 people had filed first-time claims for jobless benefits in the week ending 2 January. The figure was slightly lower than the previous week but remained more than twice as high as pre-pandemic levels.On Wednesday ADP, the US’s largest payroll supplier, said the private sector had shed 123,000 jobs from November to December, the first decline since April 2020. Losses were primarily concentrated in retail, leisure and hospitality – all areas that suffered heavy losses in the first wave of the pandemic. On the same day minutes from the last Federal Reserve meeting showed policymakers expected the escalating number of coronavirus cases “would be particularly challenging for the labor market in coming months”.The crisis has left millions of Americans facing food shortages and homelessness as unemployment officers across the country have struggled to keep up with the huge numbers of claims.According to the Associated Press only three states, North Dakota, Rhode Island and Wyoming, have met the federal standard of getting benefit payments out to successful claimants within three weeks for 87% of applicants. More

  • in

    Trump will soon leave office. But the ingredients of homegrown fascism remain | Dale Maharidge

    Several months into the pandemic, a friend drove us away from the southern California coast into barren, dun-colored mountains, where roadside signs were riddled with bullet holes. We came across an abandoned service station with the windows blown out and an American flag, faded by the desert sun, painted on the front. We entered the ruins. On the back wall was a graffito: fucked at birth.“I knew you’d like that,” my friend said as I took photos of the words that encapsulated what I’d been trying to say for the past 40 years in my work as a journalist documenting the ever-expanding class chasm in America.In the early 1980s, I believed awareness would instigate political and social change. Now, after so many articles and books, I felt that they were like some tired country ballad playing in a honky-tonk where everyone is drunk and not listening to the music. I was done with the work.So when my friend suggested the scrawl as a title for my next book, I blew her off – I was tapped out.In the coming days, however, I was haunted by the juxtaposition of the flag and the spray-painted words. It was time to change the song. I decided to drive across America and visit homeless encampments, meatpacking towns, crippled onetime industrial cities, showing people a picture of the gas station’s exterior and what was inside, and let those I encountered tell me what it meant. The responses always came fast.In Sacramento, John Kraintz, who had been homeless: “In the Declaration of Independence, they said all men are created equal. That was the first big lie. If you’ve got money, they care about you.”In Denver, the Black Lives Matter activist Terrance Roberts: “You ask me about being fucked at birth? I mean, I’m an African American male.”In New York City, my former student Megan Cattel: “That’s the millennial rallying cry.”That journey convinced me of the need for the title. Sales representatives from middle America told my publisher it would be difficult to place the volume in stores; a professor friend wrote that her community college bookstore in California “warned me that they might not carry it because of the title”.The words – fucked at birth – are perhaps harsh. But what is far more harsh and unpleasant is the fact that they are simply reality for ever-increasing numbers of Americans.The stark title is the least part of changing the song. I also came away from my recent cross-nation reporting tour convinced that the 2020s are going to be this century’s 1930s. The stock market – fueled by low interest rates and a record three-fourths of a trillion dollars of borrowed money – is by one metric overvalued more than any time since 1929. Amid this, the Eviction Lab at Princeton University fears as many as 30 to 40 million people face being thrown out of their rental homes when the various moratoriums end, which seems destined to create an unprecedented wave of homelessness.Don’t be fooled by what’s going to happen later this year: when the vaccines are widely distributed, the top two quintiles of the American population will start spending money. A lot of it. But this won’t immediately translate into good times for the bottom three quintiles. Tens of millions of the precariat were already living in a de facto Great Depression before the pandemic, and many working-class jobs will not return in the short term – if ever. This widening disparity creates a level of rage among voters that inexplicably continues to evade Beltway journalists’ understanding.It’s not that difficult to grasp meaning. Just look to the past. I’ve long been a student of the 1930s – fascism was on the rise in the US throughout the Great Depression. It’s something that never went away; it’s part of the American DNA. Many of the 74 million who voted for Donald J Trump in 2020 would be quite happy with authoritarian leadership. They aren’t going to vanish with the inauguration of Joe Biden and Kamala Harris.In early 1939, a Nazi rally at Madison Square Garden drew 20,000 peopleWe think of social media, Fox News and the One America News Network as being drivers of QAnon or the Proud Boys, amplifying feelings and actions that heretofore would have remained in the shadows. But long before there was an internet and television, fascist ideas thoroughly infiltrated American culture. An early activist who recognized this was the Reverend LM Birkhead, a Unitarian minister. In 1935 Birkhead traveled to investigate the authoritarian governments of Italy and Germany. In 1938, he released a list of 800 “antidemocratic” organizations in the United States that were aligned with the Nazis and fascism. He believed that one out of every three Americans was being reached by fascist materials.In early 1939, a Nazi rally at Madison Square Garden drew 20,000 people. The rising authoritarian movement was the subject of a 9,000-word 1940 Harper’s magazine article, The American Fascists, by Dale Kramer.In the modern era, the Youngstown State labor studies professor John Russo recognized early that anger over the loss of good jobs was leading to a resurgence of fascism. When I interviewed him in 1995, he foresaw the emergence of a Trump-like figure. When I went through Ohio recently on my cross-country journey, John doubled down on his 1995 prediction; he feels that the threat from the far right will not abate. Trump lost “and the thing I say is, ‘So what?’ Right now we are at a tipping point in terms of what the American economy is going to look like, what the American social structures are going to look like,” Russo told me. “2024, that’s going to be the seminal election.”Russo says there will be “contested terrain”, a fight between progressives and rightwing authoritarianism between now and 2024. If a smarter, more effective Trump comes along, he or she could eclipse the threat that Trump presented to American democracy.The fascist inclinations of the 1930s were simply stalled by the New Deal and postwar economy. The final paragraph of Kramer’s 1940 Harper’s article, though off in timing by seven or so decades, serves as a warning for 2024:“It will take time for a powerful movement to organize itself out of the confusion caused by the war. But the [technique] of prejudice politics has been so well learned that should economic insecurity continue there can be no doubt that the American people during the next decade will be forced to deal with powerful ‘hate’ movements. Great vigilance will be required to preserve our liberty without giving it up in the process.”Adapted from Fucked at Birth: Recalibrating the American Dream for the 2020s (Unnamed Press, 12 December)
    Dale Maharidge is a professor at Columbia University’s Graduate School of Journalism More