January 16, 2014
Pulitzer Prize winning author Hedrick Smith will present "The American Dream Today" on Monday, January 20 at noon in the SNHU Hospitality Salon.
Presented by the World Affairs Council of New Hampshire and the School of Arts and Sciences, this event will give Hedrick Smith, the renowned foreign correspondent, editor and Washington Bureau Chief for the New York Times, an opportunity to discuss his new book, "Who Stole the American Dream?". In that book, Smith takes readers across American to show how seismic changes, sparked by a sequence of landmark political and economic decisions, have transformed America.
As only a veteran reporter can, Smith fits the puzzle together, starting with Lewis Powell's provocative memo that triggered a political rebellion that dramatically altered the landscape of power in Washington from then until today.
This is a book full of surprises and revelations-the accidental beginnings of the 401(k) plan, with disastrous economic consequences for many; the major policy changes that began under Jimmy Carter; how the New Economy disrupted America's engine of shared prosperity, the "virtuous circle" of growth; and how America lost the title of "Land of Opportunity." Smith documents the transfer of $6 trillion in middle-class wealth from home-owners to banks even before the housing boom went bust, and how the U.S. policy tilt favoring the rich is stunting America's economic growth.
Admission is free. For details, please call at 603.629.4626.
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