Report

Is the American dream alive or dead?

It depends on where you look.

Economic Innovation Group

EIG, 2018

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The American Dream has been getting a lot of attention lately, especially from those who have become frustrated in their attempts to achieve it. While the accepted wisdom is that everyone has an equal shot at upward mobility, the reality is quite another. This enlightening article from the Economic Innovation Group provides hard evidence of where the American Dream is thriving and where it is falling short. getAbstract recommends it to economists, politicians and anyone interested in mobility trends in the United States.

Take-Aways

Americans believe that, if they work hard enough, they can live a better life. But for many people, that vision does not translate into reality.
In a study of 2,869 US counties, those defined as prosperous offer the most fertile ground for upward mobility, particularly for children from poorer backgrounds.
Income inequality makes it more difficult for needy kids to climb the social ladder in distressed counties than it is for children from wealthier backgrounds.

About the Author

The Economic Innovation Group is a public policy entity specializing in entrepreneurship, economics and communities.

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