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    American Dreams

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      Brynjolfsson, Erik, 33–34

      Bush, George W., 145

      Canada, Geoffrey, 64–65

      car ownership, 87

      Carter, Jimmy, xiv, 110

      Cass, Oren, 60

      Caterpillar, 100

      cell phones, 42–43

      children, 156–57, 171

      Harlem Children’s Zone, 64–65

      Miami Children’s Initiative, 65

      of single parents, 125–26, 157–58, 161–63, 167, 171, 173

      Take Stock in Children, 159–61

      tax credits for, 70, 71, 115–17, 126, 168

      Chili’s, 18

      Clinton, Hillary, xvii, 3, 152

      college(s), xii, xiv, 5, 6, 46, 77–107

      accreditation of, 102–5

      costs of, 80–81, 125, 127–28

      monopoly power of, 101–5, 128

      older students in, 99

      student debt and, 81–89, 91–95, 101, 104, 107

      student investment contracts and, 96–98

      Student Right to Know Before You Go Act and, 92, 95

      unemployed graduates of, 90

      wages and, 78–79, 81, 82

      competition, 9

      regulations and, 22, 23, 34–36

      Congressional Budget Office (CBO), 8, 17, 18, 46, 121, 149, 151

      conservatives, conservatism, xiii, xvi, xvii–xix, xxi, 5, 51, 62, 144

      family and, 16–17

      wages and, 18

      see also Republicans

      Coons, Chris, 38

      Coursera, 103

      Cowen, Tyler, 12–13

      crony capitalism, 23–26, 35–36, 123

      Cuomo, Andrew, 67

      D.C. Opportunity Scholarship, 110–11

      de Blasio, Bill, 14–15

      debt, 84

      student loan, 81–89, 91–95, 101, 104, 107

      Democrats, 9, 17, 147, 153

      see also liberals, liberalism

      Depression, Great, 141, 164

      Doar, Robert, 68–69, 166

      Earned Income Tax Credit (EITC), 69–71, 163, 166–67

      earned success, 74

      Eberstadt, Nicholas, 7

      economic security, xix, 109–29

      economy, xiv, 5, 8, 10

      free-enterprise, 28

      global, 11, 29

      recession in, 6, 59, 77, 80, 134

      as zero-sum game, 144

      education and schools, xii, xv, xvi, xvii, xix, 3, 13–17, 19, 33–34, 57, 58, 72

      charter schools, 14–15

      college, see college

      liberal education, 90–91

      New Orleans schools, 126–27

      online education, 102–4, 125, 127–28

      parents pursuing education, 125–28

      school choice, 110, 112, 126, 127

      see also skills

      edX, 103

      Einstein, Albert, 137

      energy, 36–38

      green, 25

      research on, 38

      equal opportunity, xix, 74

      Evan, 88, 89, 94, 95

      Facebook, 13

      family, xv, xix, xx, xxi, 9, 15–17, 58, 155–74

      child tax credits and, 70, 71, 115–17, 126, 168

      decline of, 15, 158, 163–65, 169

      taxes and, 113–17

      upward mobility and, 158–59

      see also marriage

      Flex Fund, 64–68, 71, 167

      Florida International University, 21

      food bank, 53–57

      food stamps, 67

      Foreign Accents, 26–28

      fracking, 36

      free-enterprise economy, 28

      Friedman, Milton, 96

      García, Pedro Víctor, ix–x, xi

      gas, natural, 36, 37–38

      gay rights, 169–70

      General Electric (GE), 30, 99

      globalization, 11, 12, 29, 58

      Google, 100, 105

      government:

      limited, 9

      regulations by, see regulations

      safety net provided by, 3

      government, big, 9, 11, 13, 14, 16, 19

      big business and, 22–23, 25

      central messages of, 17

      Great Depression, 141, 164

      gross domestic product, 8

      Groundhog Day, 91

      Gutierrez-Abety, Cecilia, 65

      Hall, Keith, 58

      Harlem Children’s Zone, 64–65

      health care, xiv, 3, 17, 123–25, 132–33, 150–51

      Affordable Care Act, see Affordable Care Act

      Medicaid, 67, 68, 124

      Medicare, 24–25, 114, 131–36, 148–52

      Medi-Share, 27

      tax credit and, 123–24

      three-tiered system of, 120

      Health Savings Account (HSA), 124

      Heat and Eat, 67

      Herr, John, xvi

      Hobart Institute of Welding Technology, 100

      Holtz-Eakin, Douglas, 46

      home ownership, 87

      homosexuality, 169–70

      housing, 60

      Hurricane Katrina, 126–27

      immigration, 44–51

      family-based, 45, 49

      illegal, 45, 47–50

      merit-based, 46–47, 49

      incentives, 62–63, 166

      income, 5–6, 109

      inequality in, 6, 10, 15, 17, 53, 144, 163

      median, 6, 7, 109, 115

      see also wages

      India (young woman), 155–57, 159–60

      innovation, 26, 28, 33–34, 38–39, 73

      Internet, 39–41

      Investing in Student Success Act, 96–98

      investment, 28–32

      Ivy Bridge College, 102–3

      Jennifer, xii–xiv

      Jindal, Bobby, 126

      jobs and work, xiv–xv, xvi, xvii, xx, 5, 6, 9, 16, 57, 58

      automation of, 6, 12, 18

      changing, during life, 138–39

      creation of, 34–35, 69, 83, 86, 113, 145

      decline in, 7, 8, 58

      Earned Income Tax Credit and, 69–71, 166–67

      equal opportunity for, xix

      honoring of, 74–75

      looking for, 7, 69

      lost during recession, 6

      Obamacare and, 121, 149

      poverty and, 58, 61–63, 66, 68, 71–72

      in retirement, 131, 140–45

      skills for, see skills

      unemployment, 7–9, 135

      wages for, see wages

      welfare and, 69

      Johnson, Lyndon, 53, 56, 61

      Jose, 1–5, 10, 19

      Joyce, 132–34, 140–41

      Kelly, Andrew, 102, 103

      Kentucky, 66

      Keystone Pipeline, 37

      Kristeen, 111–13, 125–26, 128–29

      Kristi, 77–78, 81–83, 85–87, 107

      Laszewski, Bob, 120

      law of unintended consequences, 83

      Lee, Mike, 30, 105, 114–16, 168

      Levin, Yuval, xviii, 47

      liberals, liberalism, xiii, xiv, xvi, xix, 3, 5, 9, 10, 22, 142, 152, 171

      family and, 17

      see also Democrats

      Lisa, 2–5

      literacy, 14

      lost decade, 6

      marriage, 15–16, 57–58, 68, 167, 168, 172

      children born and raised outside of, 125–26, 157–58, 161–63, 167, 171, 173

      decline of, 162–64, 167, 168, 172–73

      defining, 168–70

      Earned Income Tax Credit and, 1
    66

      first, age of, 161

      gay, 169–70

      poverty and, 71, 162, 164

      taxes and, 166–68

      see also family

      Marshall, George, xvi

      math skills, 14

      MC2 STEM High School, 99

      McAfee, Andrew, 33–34

      Medicaid, 67, 68, 124

      Medicare, 24–25, 114, 131–36, 148–52

      Medi-Share, 27

      Miami Children’s Initiative, 65

      middle class, 6, 8, 9, 16, 56–57

      immigration and, 44, 45

      Miller, Christine, 53–57, 61–63

      Mississippi, 66

      Money Smart, 54–55

      MOOC (massive open online course), 103–4

      Morse, Edward L., 36–37

      MTV, 172

      Murray, Charles, 171

      National Press Club, 134

      National Regulatory Budget, 36

      new normal, 8, 9

      New Orleans, La., 126–27

      Obama, Barack, xiii–xiv, xvii, 2, 3, 9–10, 26, 34, 110, 112–13, 152, 163

      education and, 91, 105

      immigration and, 48

      on keeping insurance plans, 122

      Obamacare, see Affordable Care Act

      oil, 36, 38

      opportunity inequality, 10

      parents, 157

      pursuing education, 125–28

      single, 125–26, 157–58, 161–63, 167, 171, 173

      see also children; family; marriage

      PayPal, 100

      Pelosi, Nancy, 10, 145

      Pew Research Center, 5–6

      potential gross domestic product, 8

      poverty, 16, 53–75, 79, 128, 155, 157

      Flex Fund and, 64–68, 71

      incentives and, 62–63, 166

      marriage and, 71, 162, 164

      Obamacare and, 121

      regional and ethnic differences in, 59

      in rural and suburban areas, 59

      Wage Enhancement Credit and, 65, 68, 70–71, 164

      work and, 58, 61–63, 66, 68, 71–72

      Putin, Vladimir, 43–44

      Reagan, Ronald, 163

      recession, 6, 59, 77, 80, 134

      regulations, xv, xvii, 4, 11, 19, 34–35

      big business and, 23

      competition and, 22, 23, 34–36

      costs of, 35

      taxi industry and, 22

      Republicans, 8–9, 152, 153

      see also conservatives, conservatism

      retirement, 6, 17, 114, 131–53

      age of, 146

      employer-sponsored plans for, 138–40

      high-income seniors and, 147–48

      job changes and, 138–39

      Medicare and, 24–25, 114, 131–36, 148–52

      payroll tax and, 142–44

      Retirement Earnings Test, 141, 142

      saving for, 131, 134–35, 137–38

      Social Security and, 114, 131, 132, 134–37, 140–43, 145–48, 152

      Thrift Savings Plan and, 139–40

      work in, 131, 140–45

      Romney, Mitt, 60, 116

      Roosevelt, Franklin Delano, 137

      Ryan, Paul, 63, 123–25, 135, 150

      Salam, Reihan, 47

      Sawhill, Elizabeth, 158

      schools, see education and schools

      Scott, 132–34

      Second Machine Age, The (Brynjolfsson and McAfee), 33–34

      single parents, 125–26, 157–58, 161–63, 167, 171, 173

      16 and Pregnant, 172

      skills, xiv–xv, 6, 13–14, 19, 72, 105–6

      trade schools and, 100

      Small Business Administration, 35

      small-business owners, 4

      Social Security, 114, 131, 132, 134–37, 140–43, 145–48, 152

      Soden, Brad, 23–25

      Soden, Liz, 23–24

      Solyndra, 25, 38

      Stein, Robert, 117

      stimulus bill, 26

      Student Right to Know Before You Go Act, 92, 95

      success, 159

      earned, 74

      sequence of, 15–16

      Take Stock in Children, 159–61

      talent, 44, 73

      Tankchair, 23–24

      taxes, xiv, xvii, xviii, 11, 19, 29–33, 113–17

      child tax credits, 70, 71, 115–17, 126, 168

      corporate rate of, 29–30

      Earned Income Tax Credit, 69–71, 163, 166–67

      families and, 113–17

      health care and, 123–24

      innovation and, 34

      marriage and, 166–68

      payroll, 142–44

      territorial system of, 32–33

      taxi industry, 22

      technology, 11–13, 58

      teen pregnancy, 172

      Therrien, Joe, 89

      Thiel, Peter, 100

      Thrift Savings Plan (TSP), 139–40

      Tiffin University, 102

      trade policies, 42–43

      trade schools, 100

      Transatlantic Trade and Investment Partnership, 43

      Trans-Pacific Partnership, 43

      transportation, 59

      Uber, 21–22, 28

      Udacity, 103

      Ukraine, 43–44

      unemployment, 7–9, 135

      see also jobs and work

      United Food Bank of Plant City, 53–57

      United Nations, 40

      U.S. News & World Report, 104

      Utah, 66

      values, xv, 155–74

      wages, xv, xvi, 6–7, 9, 18–19, 134–35

      college degree and, 78–79, 81, 82

      minimum, 17–18, 71

      stagnation of, 134–35, 138

      subsidies, 19

      Wage Enhancement Credit, 65, 68, 70–71, 128, 164, 166–67

      Warren, Elizabeth, 23, 26, 147

      Washington, D.C.:

      Uber in, 21, 28

      wealth in, 109–11

      wealth, 6, 9–10, 109–11

      welders, 100

      welfare, xviii

      reform of, 68–69

      wheelchairs, 24–25

      Wilcox, Brad, 15, 162

      wireless spectrum, 41–42

      women, war on, 164, 173

      work, see jobs and work

      World War II, xvi, 5, 6, 11–12

      Wyden, Ron, 92, 150

      Yellen, Janet, 86

      York, Byron, 120

      Zuckerberg, Mark, 13

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