From Library Journal
Schwarz (political science, Univ. of Arizona, Tucson) presents a lucid and engaging argument that the current "healthy" economy falls seriously short in providing opportunity for all citizens to achieve a decent life?the author's "moral bottom line." The book extends his previous analysis of working poverty with Thomas J. Volgy in The Forgotten Americans (LJ 9/15/92) and draws on the historic benefits of government spending he demonstrated in America's Hidden Success (Norton, 1988. rev. ed.). A significant contribution is the historical background that puts government economic involvement into the context of the political philosophy of the nation's founders. The author notes that the traditional American ethic of hard work, honesty, and persistence is sustainable only in the presence of opportunity that allows the virtuous to attain a rising, if modest, standard of living. He also persuasively criticizes current government calculations of unemployment and poverty. Highly recommended for all libraries.?Paula Dempsey, Loyola Univ., Chicago
Copyright 1997 Reed Business Information, Inc.
From Kirkus Reviews
An academic's arresting appraisal of what he deems a serious lack of employment opportunity in a booming domestic economy. Drawing mainly on statistical data, Schwarz (coauthor of The Forgotten Americans, 1992, etc.) makes a persuasive case for the proposition that there's a serious shortage in the US of adequate jobs--defined as full-time, year-round positions that provide base- line compensation or better (at least $7.60 per hour in 1994 dollars). All told, he concludes, the gross deficit of jobs that pay an adequate (i.e., living) wage aggregates 15.7 million. In the author's book, this shortfall puts paid to any comforting notion that America is a land of opportunity in which the industrious can get ahead and provide their families with basic necessities (which include medical care and recreation). He goes on to note that breadwinners who can't make ends meet are neither unskilled nor uneducated; indeed, two-thirds are high-school graduates and one- third have at least some college. Arguing that an affluent society owes its working poor a helping hand, Schwarz (Political Science/Univ. of Arizona) proposes a series of government actions to offset the economy's persistent inability to generate enough good jobs and make the needy employed minimally self-sufficient. Among other initiatives, he recommends: indexing the minimum wage so it could not fall below 47 percent of the average pay of nonsupervisory personnel; expanding earned-income tax credits on a sliding scale; subsidizing private enterprises that allocate profits to creating new jobs at above-average rates; enhancing employment opportunity in the public sector; providing health-care coverage to the working poor; and establishing apprenticeship programs. The author also offers suggestions as to how these efforts might be underwritten. A timely reminder that the blessings of America's good times remain unequally distributed. --
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