Tag Archives: working class

The American Dream Hinges on Family


If Republicans want to improve working-class social mobility, they should pursue policies that put the family first.

Editor’s Note: This piece was written in partnership with the Annie E. Casey Foundation as part of their “Opportunity 2017: An Agenda to Increase Prosperity.”

One of the most troubling trends of our time is the decline in economic opportunity. From the early 20th century until the 1980s, children consistently out-earned their parents. Then the tide stopped rising and children’s odds of out-earning their parents became entirely random, as Stanford economist Raj Chetty has shown.This sorry state of affairs persists today. […]

Urban Inequality Is a Crisis, But Don’t Blame Techies for It


As technology companies and the techies who work for them have headed to cities, they have increasingly been blamed for the deepening problems of housing affordability and urban inequality.

A few years ago, for example, the San Francisco-based writer Rebecca Solnit complained that the Bay Area’s conflict pitted “writers, artists, activists, environmentalists, eccentrics” against the newly moneyed tech elite.

But there is little evidence that the influx of wealthy people into the urban core and the transformation of some leading creative neighborhoods had led to any substantial diminution of these cities’ overall creative capacities. In fact, cities like New York, London, […]

Social Mobility: Canada Vs. the UK


www.flickr.com 1. On the nexus of social mobility and economic equality, Canada is perhaps the most intriguing case among the OECD economies.

2. On the one hand, Canada has the highest earnings mobility across generations outside of the Nordic countries

3. But Canada is also tied for the third-most unequal OECD country (along with the United Kingdom and New Zealand).4. While Canadian economic inequality is not that much better than that of the neighboring United States, its intergenerational social mobility is much higher.5. In fact, Canada is much closer to the dynamism that many people around the world still falsely assign […]

Congress Examines the Irregularly Prolonged Recovery

Congress Examines the Irregularly Prolonged Recovery

A congressional committee held a hearing Wednesday to examine why the economic recovery has been so slow, with many still struggling nearly a decade later.

The recession was sparked by the subprime mortgage and the financial crisis of 2007. It was followed by an incredibly slow recovery. The economy has strengthened over the last year , but there are still lingering issues. The Joint Economic Committee held Wednesday’s hearing to examine why the recovery has been so slow and uneven.

“The U.S. economy did not surge back from the last recession, has it has done every other recession since World War […]

The High Price of a Divided City


Studying housing segregation in Chicago, Urban Institute researchers find economic impacts across the whole region. Ride Chicago’s Red Line from start to finish and you’ll go on a journey through the metro region’s stark racial segregation , reflected in the changing demographics of the passengers. The first stop at Howard is in Rogers Park, which although is relatively diverse itself,* connects to the majority white, affluent Skokie and Evanston suburbs. Then, the train runs through the downtown business district, Chinatown, and ends on 95th street—at the tip of the majority black Chatham neighborhood.

But what if Chicago wasn’t so siloed […]

Why Black Families Struggle to Build Wealth


Charles Krupa / AP There’s little disagreement about the fact that economic inequality is problematic. But arguments persist over its origins, solutions, and which economic gaps are ultimately the most pernicious.

In his new book, Toxic Inequality : How America’s Wealth Gap Destroys Mobility, Deepens the Racial Divide, and Threatens Our Future , Tom Shapiro, a professor of law and sociology at Brandeis University, lays out how government policy and systemic racism has created vast gaps in wealth between white and black Americans. Shapiro and his colleagues followed 187 families from Boston, St. Louis, and Los Angeles. Half of the […]

How Government Policy Promotes the Racial-Wealth Gap


Charles Krupa / AP There’s little disagreement about the fact that economic inequality is problematic. But arguments persist over its origins, solutions, and which economic gaps are ultimately the most pernicious.

In a his new book, Toxic Inequality : How America’s Wealth Gap Destroys Mobility, Deepens the Racial Divide, and Threatens Our Future , Tom Shapiro, a professor of law and sociology at Brandeis University, lays out how government policy and systemic racism has created vast gaps in wealth between white and black Americans. Shapiro and his colleagues followed 187 families from Boston, St. Louis, and Los Angeles. Half of […]

Indian gangsterism: Stop blaming Tamil schools — K. Arumugam


MARCH 13 — At times the Tamil schools are blamed for social ills amongst Indians. While there is a strong correlation between poverty and crime, blaming Tamil schools simply because they are the sanctuary for the poor is a bizarre nexus duped with misconception. Unless the truth of the issue is fully ventilated, such simplistic inferences would continue to haunt the credibility of the Tamil school system.

Firstly, there is zero research indicating that Tamil schools are one of the reasons for gangsterism or crime amongst Indians. Such certainty is founded on all available researches over the last decade on […]

Remarks by the President on Economic Mobility

THE PRESIDENT: Thank you. (Applause.) Thank you, everybody. Thank you so much. Please, please have a seat. Thank you so much. Well, thank you, Neera, for the wonderful introduction and sharing a story that resonated with me. There were a lot of parallels in my life and probably resonated with some of you.

Over the past 10 years, the Center for American Progress has done incredible work to shape the debate over expanding opportunity for all Americans. And I could not be more grateful to CAP not only for giving me a lot of good policy ideas, but also giving […]

Bootstrap myth exposed: White inheritance key driver in racial wealth gap


Madison365 Professor Thomas Shapiro “Blacks/Latinos/non-whites don’t value education like whites do. They don’t work as hard as whites do. They spend more than whites do on junk,” says your standard white guy at the end of the bar dissecting the large racial wealth gap in the United States. “They just need to get off their butts and bootstrap it up like I did!”

However, the old tried-and-true American bootstrap lore took a big hit this month with a study that shows most families living with the material comfort and range of opportunities normally associated with middle-class status have obtained them […]