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Pitchfork Economics with Nick Hanauer

Author Interview: How to rebuild the middle class (with Jim Tankersley)

Pitchfork Economics with Nick Hanauer

Civic Ventures

Business, Government, News, Politics

4.81.5K Ratings

🗓️ 13 October 2020

⏱️ 24 minutes

🧾️ Download transcript

Summary

Why did the American middle class boom after WWII, and how do we get it booming again? New York Times economics reporter Jim Tankersley joins Paul to lay out the thesis of his new book, ‘The Riches of This Land’—that the economy will thrive when everyone can fully participate in it. Jim Tankersley covers economic and tax policy for The New York Times. Over more than a decade covering politics and economics in Washington, he has written extensively about the stagnation of the American middle class and the decline of economic opportunity in wide swaths of the country. Twitter: @jimtankersley Show us some love by leaving a rating or a review! RateThisPodcast.com/pitchforkeconomics The Riches of This Land: https://www.indiebound.org/book/9781541767836 Website: http://pitchforkeconomics.com/ Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer

Transcript

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0:00.0

Hi, I'm Paul Constant. I'm a writer at Civic Ventures. I am very excited to be joining you today in this episode because we are talking with Jim Tankersley.

0:16.6

He is the economics reporter at the New York Times.

0:20.7

Before that he was at the Washington Post. He's one of the leading economics reporters in the country,

0:26.0

and he's here today with his new book,

0:28.0

The Ritches of this Land,

0:30.0

which is a history of the American middle class,

0:33.3

how it was once the driving force of our economy

0:35.8

and how it has been diminished in the years since

0:38.8

and what we can do to bring it back. Bring it's Jim Tanker's Lee,

0:49.0

First, I was wondering if you could give us your slate, your name and title, please. Sure.

0:50.0

It's Jim Tanker's Lee, Tax and Economics reporter at the New York Times and the author of The Riches of

0:56.0

this land, the Untold True Story of America's middle class.

0:59.4

And for our readers who haven't read it, you could maybe give a little summary of what it's about.

1:04.1

Yeah the book is the story of why the middle class boomed after World War II in the United States

1:09.6

and what we need us is that the

1:15.0

wonderful hopeful conclusion what history shows us

1:19.2

is that the American economy grows and thrives

1:22.2

when women and men of color and immigrants get ahead are given

1:27.0

more opportunity when we reduce discrimination and give them more pathways to contribute

1:32.2

their talents to our economy. It worked in the 50s and 60s and 70s and it can work again now.

1:38.4

We have an economy primed with talented people who are being held back by the forces of discrimination and by unleashing them we can absolutely set things right again.

1:49.0

And because this book is so explicitly about the American middle class, I find on this

...

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