#economic-mobility-decline

#economic-mobility-decline

McMahon is familiar with organizations built around an increasingly unstable man who is a genius at spinning story lines that inflame the crowd and damage enemies and institutions but, if you think too hard about them, don't necessarily add up to a coherent narrative.

The Pew Research Center indicates that the current profile of data centers is 87% urban and 13% rural, but future additions will be 67% rural and 33% urban.

"There are very real economic forces that are limiting the options for non-college-educated men in the United States. Some of what we're seeing is simply rational responses to a system that's pricing them out."

The World Bank's recent report argues that government intervention, when done right, can actually be an essential ingredient of economic success, reversing decades of opposition to industrial policy.

"This administration has ground fair housing enforcement to a halt. Worse, they're picking and choosing which protected classes count."

My husband has just been let go from his fourth job in five years. The first time it happened was during Covid when he was laid off, but it seemed to start a pattern.

The report contends that the lower rungs of the middle class shrank because more Americans got richer, with 31% of families classified as upper middle class in 2024.

"This year's increase in undergraduate credential attainment isn't just about more completions-it's also about timing. More students are earning certificates and degrees earlier and that shift reflects how postsecondary pathways are changing and starting sooner than they once did."

Growing up outside Manchester, I remember watching my mum count out exact change at the supermarket checkout, keeping a running total in her head as she shopped. Meanwhile, my university roommate would just toss things in his trolley without a second thought. That's when it hit me: Financial security isn't just about having money. It's about the mental space that money creates.