Declining fortunes

Presents an excerpt from 'Declining Fortunes: The Withering of the American Dream,' by Katherine S. Newman.
By Katherine S. Newman, published on March 01, 1993

'The diminished standard of living of today's boomers shapes the socialand personal problems they must live with. From the most personal conflicts in marriage - over children, domestic responsibilities, and obligations to aging relatives - to the relations between neighbors of different nationalities, no aspect of daily life has been left unruffled by the shock of declining fortunes."

Excerpted from Declining Fortunes: The Withering of the American Dream (Basic Books; 1993)

Tags: american dream, basic books, boomers, conflicts in marriage, different nationalities, domestic responsibilities, family, finance, fortunes, marriage, personal conflicts, personal problems, poverty, shock, social

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