Is America Losing Its Middle Class?
To the Point
KCRW
4.4 • 583 Ratings
🗓️ 23 December 2014
⏱️ 52 minutes
🧾️ Download transcript
Summary
The state of America's middle class appears to be in continuing decline, despite surprisingly good news today from the Commerce Department. We hear about the under-employment of educated people, the bleak outlook for Millennials and the financial plight of racial minorities.
Transcript
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| 0:00.0 | Hi, this is Warren Alney. Thanks so much for listening to this podcast of To the Point, |
| 0:04.0 | and I want to tell you about another podcast that's available here at KCRW, |
| 0:08.6 | and that's the program, DNA, hosted by Francis Anderton. |
| 0:12.9 | Francis is well connected in the industry of design and architecture and art. |
| 0:18.0 | She used to be editor of an architecture magazine. |
| 0:21.6 | She knows the trends before they happen. She'll be able to fill you in on them. You can find DNA on KCRW's |
| 0:27.4 | iTunes page. From KCRW in Santa Monica and PRI, Public Radio International, this is |
| 0:35.5 | To the Point. |
| 0:40.5 | Is America losing its middle class? |
| 0:47.4 | Hello again, I'm Arminolny, and this is To the Point from Public Radio International, |
| 0:49.8 | a daily look at the issues Americans care about most. |
| 0:53.9 | There's good news today. The U.S. economy grew 5% in the summer quarter, but bad news continues that growth is not trickling down to everyone. The gap between the halves and have-nots is now the biggest on record, and it's not likely to get much smaller anytime soon. Opportunities are not what they were before the recession, let alone before high-paying manufacturing jobs went overseas. |
| 1:12.7 | We'll hear about the under-employment of educated people, the bleak outlook for millennials, and the |
| 1:18.3 | financial plight of minorities. Today's talking point, could beef be good after all for both you |
| 1:24.8 | and the planet? First, here's the news. |
| 1:29.6 | Listen to KCRW's 24-hour all-news channel, stream BBC World Service, NPR and KCRW programs, |
| 1:38.0 | continuous coverage and accessible via our smartphone app or online at kCRW.com. |
| 1:44.5 | Support for To the Point comes from the members of KCRW and from the Public Radio International Program Fund. |
| 1:51.1 | Hello again, I'm on you back with To The Point. |
| 1:53.2 | Cattle have developed a bad reputation as contributors to both poor nutrition and climate change. |
| 1:59.1 | We'll talk with a vegetarian cattle rancher whose book on |
| 2:02.2 | sustainable meat production has won praise even from the food guru Michael Pollan. That's later |
... |
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