New Research Confirms Importance of Social Capital and Two-Parent Families for Upward Mobility
New research from Opportunity Insights shows the importance of social capital for economic mobility. Specifically, “economic connectedness” is strongly associated with upward income mobility for people with lower income.
State Inflation Tracker: July 2022
Americans are facing the highest inflation rates in decades, making it harder for them to afford everyday goods and more expensive to raise their families. Each month coinciding with the Bureau of Labor Statistics’ release of the Consumer Price...
The HOUSES Act: Addressing the National Housing Shortage by Building on Federal Land
The cost of housing is the single biggest expense in the budget of most Americans. Expensive housing can make it harder to start a family, build wealth, and move to places with more economic opportunities. Policies that address the high cost of...
Ranking Member Lee on Second Quarter GDP Report
WASHINGTON—Ranking Member Mike Lee (R-UT) released the following statement on the Bureau of Economic Analysis GDP estimate for the second quarter of 2022.