Word: generationism
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Dates: during 1980-1989
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The Dream has many parts: a comfortable house in a tree-shaded neighborhood, a car, and college educations for the children. But at bottom it is based on two simple articles of national faith: 1) that each generation will live a bit better than that of its parents and build...
Over the longer run, however, the trend toward inequality is rife with the potential for social and political conflict -- not just between classes but within the middle class. The differing prospects between its college-educated members and those who go no further than high school is one potential source of...
At the heart of the story are runaway real estate prices and a younger generation that was unable to climb aboard before housing became so hard to afford. It would cost Peggy almost $38,000 for a down payment on a median- price house in Los Angeles, something she could...
The Forresters are all aware of the growing polarization of income in the job market based on level of education. A few miles south of where they live, the family of Bob's sister Rindi offers an interesting counterpoint. She married Don Elster, a college graduate and a banker. They...
% It is more than a bit ironic, in this campaign season, that Bob and Carol Forrester, who look economically very much like Republicans, plan to vote for Dukakis and that the younger generation -- Billy, Peggy and Paul's wife Silva, who are balanced precariously on the lower edge of the...