Bob Herbert--Economic Hardships

[Inland]

It's getting harder and harder to close our eyes to the growing economic devastation. Elizabeth Warren, a Harvard law professor and co-author of "The Two-Income Trap: Why Middle-Class Mothers and Fathers Are Going Broke," wrote in 2003:

"This year, more people will end up bankrupt than will suffer a heart attack. More adults will file for bankruptcy than will be diagnosed with cancer. More people will file for bankruptcy than will graduate from college. And, in an era when traditionalists decry the demise of the institution of marriage, Americans will file more petitions for bankruptcy than for divorce."