Q&A: Hedrick Smith - Who Stole the American Dream

Aired 09/16/12Last week I interviewed longtime reporters Don Barlett and James Steele regarding their new book, THE BETRAYAL OF THE AMERICAN DREAM, looking at the relentless economic, financial, and governmental process over the last 40 years to enrich the largest corporations and richest individuals at the expense of the middle class. This week I'll talk with another wise and experienced Pulitzer prize winner with a long term perspective, HEDRICK SMITH, about his newest book, WHO STOLE THE AMERICAN DREAM?I don't think it's a coincidence nor do I think it's redundant to turn so soon to the same questions being pursued by another savvy journalist. HEDRICK SMITH had already won a Pulitzer by 1973, the year that the post-WWII boom for the middle class began to wane. Real wages for all Americans had risen pretty consistently from the war years, and have done so almost not at all ever since. I point this out to highlight the fact that Smith has witnessed first-hand the rise and long fall of the middle class and brings that experience to this book and this conversation.http://americawhatwentwrong.org/http://barlettandsteele.com/