I only became familiar with the term 'trap' recently - though I was already familar with the idea. I think that most people are. One of the best commentators on it that I have come across is David Simon - creator of The Wire. If you get a chance to read any of his articles or interviews on US society and the economy I highly recommend that you do. It's worthwhile if only to be reminded that the economy isn't just about government, corporations, and finance.
I only became familiar with the term 'trap' recently - though I was already familar with the idea. I think that most people are. One of the best commentators on it that I have come across is David Simon - creator of The Wire. If you get a chance to read any of his articles or interviews on US society and the economy I highly recommend that you do. It's worthwhile if only to be reminded that the economy isn't just about government, corporations, and finance.