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.
In this summary, you will learn
- Why the American Dream of universal upward mobility does not translate into reality;
- How location, social status and other factors influence upward mobility; and
- Which areas of the country foster the American Dream among disadvantaged youth, and which ones fall short.
About the Author
The Economic Innovation Group is a public policy entity specializing in entrepreneurship, economics and communities.