Introduction. Ready or not, you're on your own -- Risk shifting, from Coolidge to Katrina -- The economist behind the curtain -- The "All Together Now" Plan -- How to talk to a YOYO -- Conclusion. It takes a movement -- Appendix. Do YOYO policies yield better economic outcomes?
Summary
As the new century unfolds, Americans face prodigious economic and social challenges, yet nothing unifies the various strategies and causes that attempt to meet these challenges. Economist Jared Bernstein believes that frames such as "the ownership society" stress an ever-shrinking role for government and an ever-increasing risk for individuals, clearly implying "You're on your own." Arguing that this shift toward extreme individualism needlessly reduces the country's economic security and the living standards of most families, he describes the political and economic forces that pushed the country away from collective action and exposes the significant societal costs associated with the shift
