Monday, December 04, 2006

The Unknown Relative of Anxiety - Economic Uncertainty

Middle Class AnxietyThe Middle Class Is Treading Water

Part 1

A great wave of anxiety is caused by a number of factors, however, one must consider the system as a determining factor.

With laptops, PDAs, cell phones, e-mail and pagers, there is an ever-widening gap between the amount of information people are expected to keep up with and the amount they can reasonably process, says Dr. Kerry Sulkowicz, a psychiatrist and founder of the Boswell Group, a corporate consulting company in New York City. “The technology is outstripping our capacity to use it,” he says.

Management turnover, downsizing and outsourcing are other sources of stress, making workers feel their jobs aren’t secure.

“We’re being squeezed," says Maravelas, author of "How to Reduce Workplace Conflict and Stress." "We’re just burning out.”

Economic risk is something we all know about in our own lives. We know that feeling, when we fear that somehow the bottom is going to fall out, our job is going to disappear, we’re not going to have health coverage, we’re not going to be able to save enough for retirement. But actually, if you look at the debate about our economy, it’s always about static measures, it’s always about things like “Is inflation up or down, is unemployment up or down;” it’s not about the experiences of Americans, the up and down movement of their own lives over time.

We’ve asked this question before, but it can’t be asked enough. One of the founding principles of this community is that the mainstream media and political leaders often seem irrelevant to most Americans, and that issues of real importance go unnoticed in public discourse. Jacob Hacker, a Yale University professor and author of “The Great Risk Shift,” says anxieties created by the new economy need more attention.

Mike Morgan.

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