Financial Threats and Self-Undermining Rhetoric
This chapter provides an overview of the book's main themes. This book examines the political consequences of threats to Americans' financial well-being and in particular why they might not motivate people to become politically active even though we have good reason to expect that they would. Such threats are collectively referred to as American insecurity—or, in some cases, simply economic insecurity. The book focuses primarily on four threats: involuntary job loss, health care costs, retirement, and higher education costs. These four by no means capture the full range of financial threats that Americans face, but they turn out to be particularly illuminating cases. Relative to many other issues that are often grouped under the label of “economic insecurity,” explaining political inaction on these four issues turns out to require a new theoretical approach.