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Aftershock Summary

6 min read ⌚ 

Aftershock SummaryThe Next Economy and America’s Future

Ever noticed how everybody’s talking about the rich and the poor, and nobody’s talking about the middle class? It’s time to change that.

Because the middle class is essential for the economic recovery of US. And, in an instant, you’ll find out why.

Who Should Read “Aftershock”? And Why?

Globalization has certainly made the world smaller. And there’s no question that, for the most part, it’s been a great thing. Increased free trade and competition, as well as simplified communication between nations, are only two of globalization advantages.

However, it has its downsides as well. For one thing, it has led to thousands and thousands of lost jobs in the developed world. How you wonder? Well, it’s pretty obvious once you think about it. In order to maximize profits, companies simply transfer jobs to lower cost countries.

What does this mean for powerhouses such as the United States? The old adage has never rung truer: the rich get richer; the poor get poorer. And the middle class, even though it constitutes the majority of the population, is once again left on the margins.

Yes, we’re talking about you. As does Robert B. Reich in “Aftershock”. In other words, if you’re one of those 70% Americans who considers themselves to be part of the middle class – this book is both for and about you.

And if that’s not enough, let us up the offer a bit. “Aftershock” is for everybody who wants a well-defined, step-by-step solution to US economic problems.

About Robert B. Reich

Robert B. ReichRobert B. Reich is an American author, commentator, and professor of public policy at the University of California, Berkeley. He is also a former professor at Harvard University.

Reich has served in three national administrations (under Gerald Ford, Jimmy Carter, and Bill Clinton) and has acted as an adviser to Barack Obama.

He has authored fourteen books and regularly blogs at http://robertreich.org/.

“Aftershock Summary”

If you think that the financial crisis of 2007-8 is a thing of the past – think again! For better or for worse, history tends to repeat itself. And if we don’t learn anything from it, we’ll probably end up making the same mistakes all over again.

So, let us rewind for you a decade or so and remind you of the worst financial crisis since the Great Depression.

It’s 2007, and the world is shocked to learn that the United States is in the middle of an economic crisis. Companies are going out of business. Investment banks are filing for bankrupts. There are even talks of a possible collapse of the world financial system. In a nutshell: if worse, it would have been apocalyptic.

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