State of the Union, v.1: Economic Trends (Hardcover, New)

Focuses on the schism between the wealthy and the poor that intensified in the 1980s as wages went up for highly educated persons but fell for those with less than a college degree. This gap was reflected geographically, as industries continued their migration from crumbling inner cities to booming edge cities, often leaving behind an impoverished minority population. Young male workers lost ground in the 1980s, but women made substantial strides, dramatically reducing the gender gap in earnings. The amount of family income devoted to housing rose over the decade, but while housing quality improved for wealthy, older Americans, it declined for younger, poorer families.