Land of Opportunity?
On January 8, 1964, President Lyndon B. Johnson in his inaugural address announced that he was declaring “unconditional war on poverty in America.”
Fifty years later, some have questioned whether Johnson’s war, and the expanded social programs which it helped create, have been effective in reducing poverty in America. Researchers from Harvard University and the University of California Berkeley set out to study the chances of escaping poverty in the U.S. They posed the question, is America still the land of opportunity? They attempted to answer that question by examining economic mobility and the odds that a child born into poverty could one day reach above average financial success. Lakeshore Reporter Sarah Holst spoke with Indiana Youth Institute President and CEO Bill Stanczykiewicz about the study and what it suggests about economic inequality for Hoosiers.
Youtube link: https://www.youtube.com/watch?v=MYIwiw7vKO0