The distance between a wealthy neighbor and a poor one may be mere miles, but the chasm between the two worlds is often too vast to surmount, according to a report by an advocacy group.
“The American Dream is predicated on the idea that anyone from any place or background can climb to the highest rungs of the economic ladder. But there is a growing body of evidence that the more time an individual spends living in a distressed community — especially at childhood — the worse that individual’s lifetime chances of achieving economic stability or success,” said the Economic Innovation Group.
By: Sue Chang, Market Watch
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