The latest ‘Chetty Bomb’ from researcher Raj Chetty and colleagues leaves little doubt that there are challenges to social mobility in America.
Social Mobility
The American Dream is about the ability to pursue happiness and better oneself and others. If people work hard, they should be able to climb the economic and social ladder. That’s why America earned the moniker the “Land of Opportunity.”
As more people begin to lose faith in the American Dream, policy leaders must get to work on solutions that restore social mobility, especially to those who need it most.
Low-income Americans find themselves ensnared in the safety net, stranded by benefits cliffs. Structural flaws keep them from getting ahead and becoming independent. Our nation’s welfare policies should encourage work and family formation. Every American should experience dignity in work and the power of creating value for others.
All Social Mobility
The politics of nostalgia—and the declining relative status of men and whites—are driving changes in the American electorate.
Both candidates are offering proposals that would lead to fewer economic opportunities.