3.

Paul Preston, “The Conqueror of His Country,” New York Times, Dec. 27, 1987.

4.

Speech delivered by Senator Joseph McCarthy before the Senate on June 14, 1951, from Congressional Record: Proceedings and Debates of the 82nd Congress, First Session, vol. 97, part 5 (May 28, 1951–June 27, 1951), pp. 6556–603.

5.

Richard Hofstadter, “The Paranoid Style in American Politics,” Harper’s Magazine, Nov. 1964, pp. 77–86.

6.

The term comes from Lisa McGirr, Suburban Warriors: The Rise of the New American Right (Princeton University Press, 2001).

7.

Peter Viereck, “The New Conservatism: One of Its Founders Asks What Went Wrong,” New Republic, Sept. 24, 1962.

8.

Jacob Hacker, The Divided Welfare State, Cambridge University Press, 2002.

9.

http://www.time.com/time/ time100/builder/profile/ reuther2.html.

10.

Rick Perlstein, Before the Storm: Barry Goldwater and the Unmaking of the American Consensus (Hill & Wang, 2001), chap. 1.

11.

Paul Krugman, “Who Was Milton Friedman?” New York Review of Books, Feb. 15, 2007.

12.

Irving Kristol, “American Conservatism, 1965–1995,” The Public Interest (Fall 1995), pp. 80–96.

13.

Ibid.

14.

Dan Balz, “Team Bush: The Iron Triangle,” Washington Post, July 23, 1999, p. C1.

15.

Franklin Foer, “Swimming with Sharks,” New Republic, Oct. 3, 2005, p. 20.

16.

As posted at the Huffington Post, http://www.huffingtonpost.com/rick-perlstein/i-didnt-like-nixon- _b_11735.html, Dec. 5, 2005.

7 THE GREAT DIVERGENCE

1.

“Public Says Work Life Is Worsening, but Most Workers Remain Satisfied with Their Jobs,” Pew Center for People and Press, Labor Day, 2006, http://pewresearch.org/assets/social/pdf/Jobs.pdf.

2.

Dean Baker of the Center for Economic Policy Research estimates that “usable” productivity growth—the increase in the net value produced per U.S. worker-hour adjusted for rising consumer prices—was 47.9 percent between 1973 and 2006. However, nonwage labor costs rose due to rising payroll taxes, rising health care costs, and other factors, so that the amount available for wages rose about 36 percent. Dean Baker, “The Productivity to Paycheck Gap: What the Data Show,” at www.cepr.net, Apr. 2007.

3.

Edward Lazear, speech given at the Hudson Institute, “The State of the U.S. Economy and Labor Market,” Washington, D.C., May 2, 2006.

4.

Piketty and Saez, “Income Inequality.”

5.

Levy and Temin, “Inequality and Institutions.”

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