Media Coverage

What Keeps the American Dream Alive?

President Obama’s recent speech on income inequality and upward mobility has struck a chord with many Democrats. If the President keeps using this rhetoric, then it could become a central message of the 2012 campaign. If this happens, I would also bet that Elizabeth Warren will give the keynote speech at the Democratic Convention in 2012.

What’s interesting is that while there is growing awareness that America is a more unequal country, there is less awareness that America is also a less upwardly mobile society.

The Pew Economic Mobility Project has done a lot of polling on how Americans view economic mobility. In a poll conducted in May of 2011 (before Occupy Wall Street) one of the most important questions Pew asked tackled mobility directly:

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Economic Mobility Project

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