The Leading Indicators

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The Leading Indicators The Leading Indicators

by Gregg Easterbrook

Genre: Other10

Published: 2009

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Tom Perrotta meets David Brooks in a powerful modern parable about one American family's fall from grace during the recessionMargo and Tom Helot have the perfect life. He works in finance; she's an enterprising stay-at-home mom. They inhabit a fully redecorated home complete with expensive his-and-hers cars in the drive and situated in the peaceful, leafy suburb of a major American city. Day after day delivery trucks arrive bearing packages from the kinds of places all Americans wish they received packages: Williams-Sonoma, Bergdorf Goodman, Villeroy & Boch. The family is rounded out by two delightful children with good grades, well on their way to top colleges. Then it all comes crashing down around them: Tom's boss reveals that due to "regrettable oversights," their high-flying company actually was a fraud. Forced into the job market just as the Dow plummets and unemployment starts to spike, Tom is buffeted from one failing company to the...

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