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The Great Risk Shift
1:26:45  - 3 years ago
The safety net on which Americans once relied is fast unraveling. With retirement plans in growing jeopardy and health coverage eroding, more and more economic risk is being shifted away from government and business and onto the fragile shoulders of the American family. And no matter how well educated and hard working, many Americans fear that bankruptcy could be just one unexpected lay off or health crisis away. In The Great Risk Shift: The Assault on American Jobs, Families, Health Care, and Retirement And How You Can Fight Back, New America Fellow Jacob S. Hacker lays bare the new economic realities facing American families. This Oct. 18 event featured an overview presentation by Hacker, who provided a taste of the data and anecdotes his book uses to explain the disconnect between robust U.S. economic growth and the sense of financial insecurity felt by a growing percentage of America families. A lively Q&A followed, with New America's President & CEO Ted Halstead, Vice President Michael Calabrese and Health Policy Program Director Len Nichols also participating.
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