Review: Dream Hoarders: How the American Upper Middle Class Is Leaving Everyone Else in the Dust, Why That Is a Problem, and What to Do About It
Dream Hoarders: How the American Upper Middle Class Is Leaving Everyone Else in the Dust, Why That Is a Problem, and What to Do About It by Richard V. Reeves My rating: 4 of 5 stars Reeves addresses something that I've seen for a while but had trouble naming. He shows in many ways how the upper-middle class is essentially pulling up the ladder of opportunity in our culture just as much as the elites are in the ways they make personal choices--often canceling out or undermining the opportunities that they were afforded to get to their current economic status. Reeve explores how the tearing down of policies within education, finance, and public policy had been stalwarts to help grow the upper middle class, but that such policies are often being replaced with policy that benefits the upper-middle class in lieu of lower classes. Some of those policies include tax benefits around home-ownership, capital gains, college education, and the like. Reeves contends that every time there ...