American Families Under Water: The Politics of Families in Distress

When

October 3, 2003

12:00 pm - 2:00 pm

Where

New America

740 15th St NW #900

Washington, D.C. 20005

Elizabeth Warren reveals new data on the economic plight of middle-class families. Her shocking and disturbing findings reveal that today's two-income family earns 75% more than its single-income counterpart a generation ago, but actually has less to spend. Having a child is now the single best predictor that a woman will end up in financial collapse. In fact, the average middle-class family can no longer buy a home unless both parents work. Sadly enough, this year more children will live through their parents' bankruptcy than their parents' divorce.

Location

The New America Foundation
1630 Connecticut Ave., NW 7th Floor
Washington, DC, 20009


Participants

  • Elizabeth Warren
    Co-author, THE TWO-INCOME TRAP and Leo Gotlieb Professor of Law, Harvard Law School

  • Michael McCurry
    Former White House Press Secretary, Partner, Public Strategies Inc. Washington; and Chairman, Grassroots Enterprise

  • Karen Kornbluh
    Director, Work and Family Program, New America Foundation