People in the audience listen as President Barack Obama speaks on middle class tax relief at a campaign event at the Kirkwood Community College Recreation Center in Cedar Rapids, Iowa, Tuesday, July 10, 2012.
(AP Photo/Susan Walsh)
Jeff Faux of the Economic Policy Institute argues Americans are in denial. Everyone knows, he says, but no one faces up to the fact that the United States can no longer afford to have subsidized unregulated markets, be the world’s global power and provide a steadily rising standard of living. One of these is possible, maybe two, but not all three, according to Faux. No group -- and certainly no politician of either party -- is addressing this new reality, he contends. Despite public posturing to the contrary, it’s America's middle class that will be sacrificed on this current path. Please join us for a conversation with Jeff Faux on why he believes we’re moving from a service to a servant economy.
Guests
Jeff Faux
founding president and distinguished fellow at the Economic Policy Institute.
Comments at http://thedianerehmshow.org/shows/2012-07-17/jeff-faux-servant-economy
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