New Economic Study Presents a Disturbing Map of the United States
By Pam Martens and Russ Martens
Posted October 7, 2017
A new study backs up a theory that many Americans have long suspected: the U.S. is no longer the land of opportunity, despite what national statistics would have us believe. Rather, America is now narrowly constrained to zip codes of opportunity.
The new research comes from the Economic Innovation Group (EIG), a bipartisan public policy organization funded by successful tech entrepreneurs. The study provides detailed data on the economically distressed communities that have fundamentally changed the economic landscape of America.
One of the most disturbing findings is that the so-called “economic recovery” has been a cruel illusion to a large swath of the U.S. The authors write: “Most distressed zip codes contain fewer jobs and places of business today than they did in 2000.” More…