That's an outstanding article, Marta, many thanks for posting. I thought this was a key comment: "Although the overall economy has become steadier — settling into a pattern of long swells of growth followed by relatively gentle dips — the incomes of working people have been beset by ever-larger fluctuations. Looked at in this way, 'we haven't reduced economic risks' at all, said Harvard economist Martin L. Weitzman. 'We've simply redistributed them from the economy as a whole to individual households.'"
The sad tale of the past quarter century's social regression is examined in great detail in Michael Perelman's new _Fouling the Nest: How Right-Wing Extremism and Business Incompetence Destroy American Prosperity_. Michael is an excellent guide to the long strange trip of the last 25 years -- a period he aptly describes as the Great Capitalist Restoration -- but it's painful to review this dismal period and know that there is no happy ending, that the outlook is for more of the same.
Carl