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

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'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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