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July/August 1996
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Economic Anxiety? July/August 1996 Issue

Table of contents

BIRD'S EYE
We're Not Victims, Thank You
By Karl Zinsmeister
Perhaps as the Marxist era fades into the past, we will hear fewer clichés about the "economic injustice" of America, and see less agitation on behalf of financial leveling carried out by the state.
SIDELIGHTS
News Scraps
Collecting whales. Hunting bear. Toting guns. Smoking voters. Bronzing Clinton.
"LIVE" WITH TAE
Bill Bradley
We talk with Bill Bradley, the Senate's best basketball player, about sports, taxes, and race.
IN REAL LIFE
The Daily Work of Americans
By Blake Hurst, Raymond Wisher
Blake Hurst likes country living, but not because it's easy. Raymond Wisher is haunted by the funeral for a fellow cop's daughter.
THE ECONOMIST
Should Today's Fastest Growing Federal Assistance Program Be Roped In?
By George K. Yin
The Earned Income Tax Credit has taken on a life of its own. Time to connect it to welfare reform.
FLASHBACK
Our First Negro President?
By Bill Kauffman
Was Warren Harding our first Negro President?
BOOK TALK
Reviews of New Books
The System by Haynes Johnson and David Broder / Casting Her Own Shadow: Eleanor Roosevelt and the Shaping of Postwar Liberalism by Allida M. Black / Left for Dead by Michael Tomasky / Our Stolen Future by Colborn, Dumanoski, and Myers / Oliver Cromwell by Theodore Roosevelt 
DIGEST
Summaries of Important Research
Studies on political, economic, social, and international issues.
Feature articles
Is America's Economy Really Failing?
By Robert J. Samuelson, Jonathan Marshall, Irwin M. Stelzer, John Cassidy, Herbert Stein
When the "newspaper of record" said the sky was falling on the heads of Americanworkers, it stirred up a storm of controversy-and a host of critics.
It's the Culture, Stupid!
By Michael Barone
What most Americans are most worried about isn't money, it's the state of our culture—and '60s-style liberation is to blame. With perspective from Michael Cox.
Income, Inequality, and Work
By John Hinderaker, Scott Johnson
Inequality isn't necessarily inequity. Opportunity abounds in America's churning economy, and the most important factor in our rises and falls is personal effort.
A New Path Out of Poverty
By Amy L. Sherman
Mississippi's "Faith and Families" program, though off to a rocky start, may still be the best possible way to fix our broken welfare system.
A Stroll Through the Income Spectrum
Sorting out Ordinary Working Stiffs, High-Income Strugglers, Closet Comfortables, and the rest of America's economic flora and fauna.
Welfare Buys Illegitimacy
By Ron Haskins
Case closed: The verdict is in on this hotly disputed question.
Self-Help for the Urban Poor
By Ivan Light
Immigrants from Mexico, Korea, and Vietnam have set up homemade S&Ls in America's cities and thrived. Native-born poor should copy them.
Government Harm on the Minimum Wage
By Herman Cain
We ought to be making it easier to offer jobs to the non-working population, not harder.
The Coming Russian Boom
By Richard Layard, John Parker
Though it's plagued with many problems, you can expect Russia's economy to be the miracle of the first decade of the next century. Also, James Jameson tells why he's playing roulette in Russia.
Sport Stories
In recognition of the opening of the Summer Olympics, some very personal moral tales of triumph, tragedy, heartbreak and disgust in the world of sports. Featuring Calvin Hill, Christopher DeMuth, Sebastian Coe, Karl Zinsmeister, Michael Novak, Blake Hurst, Herbert London, Jeff Kemp, Robert Royal, Kwaku Ohene-Frempong, Evan Gahr, Mark Gerson, Dave Shiflett, and Dave Dravecky.