ACOLMAN

Have you read any good books lately? http://www.bigmentertainment.com/blog/?lsat-essays essay on health services in pakistan If we're a consumer-based economy, but middle-class wages have been stagnant, then how did the U.S. economy keep going before 2008? "Inequality for All" makes the case that American middle-class families have developed coping strategies to overcome stagnant wages: First, in the 1970s, most families became dual-income families as women entered the workforce, and this helped middle-class families and – through their purchasing power – the overall economy stay afloat. Then, in the 1980s and 1990s, families coped by working more hours and more jobs. Finally, in more recent years, Americans used their home value "as ATM machines," pulling out home equity loans to keep themselves – and our consumer-based economy – going, until home values tanked in 2008 and the ATM dried up.