The result? In the past 25 years, one American family in seven has sought refuge in federal bankruptcy court. Exhaustive research by Elizabeth Warren… - David Cay Johnston

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The result? In the past 25 years, one American family in seven has sought refuge in federal bankruptcy court. Exhaustive research by Elizabeth Warren... and her associates... has proven that the vast majority of people seek refuge... after any two of three events combine: divorce, job loss, or major medical problems.

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About David Cay Johnston

(born December 24, 1948) is an American investigative journalist and author specializing in economics and tax issues. He won the 2001 , and from 2009 to 2016 he was a Distinguished Visiting Lecturer at Syracuse University, Martin J. Whitman School of Management and College of Law, teaching tax, property, and regulatory law of the ancient world. From 2011 to 2012 he was a columnist for , writing, and producing video commentaries on worldwide issues of tax, accounting, economics, public finance and business. In recent years he has also written for and , and is the board president of , Inc. (IRE).

Also Known As

Birth Name: David Cay Boyle Johnston
Alternative Names: DC Report
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Additional quotes by David Cay Johnston

[T]he rules we've set in our society are redistributing incomes up. Our national myth is that we have this socialism policy that redistributes down. The reality of the data is that we are redistributing up, and... we don't have trickle-down economics... we have Amazon [river] up.

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