|The U.S. economy is wrapping up 25 years of some of the strongest growth in its history. At the same time, Americans report feeling more economically insecure than ever. Gosselin discusses this threat to working Americans'' security and what to do about it.|
From the Publisher:
Peter Gosselin predicted in High Wire that the American worker would take on an exceedingly high level of risk in the American economy, and would be ever more exposed to the volatility of the market. Today, Gosselin’s worst fears have been realized. American families are walking a high wire in which a medical crisis, a natural disaster, or the loss of a job could send them into free fall. And as the housing crisis worsens and banks and insurers collapse, many have already fallen. High Wire reveals the quiet corrosion of American living standards and shows how the “ownership society” has turned into the “on-your-own society”—with devastating consequences.
"Though his treatment of numbers is rigorous and lucid, Gosselin adds more value with his hair-raising stories of arbitrary job loss and evaporating retirement funds." - Noam Scheiber 07/06/2008 "[An] excellent and thoughtful book....Gosselin...does a fine job of connecting the stories he tells to general ideas and to economy-wide statistical markers, some developed for his particular purpose. He has produced a readable and valuable book." - Robert Solow 11/20/2008