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Robert Trigaux

Pew report: In economic mobility, chances to achieve American Dream, Florida fares poorly

extension-ladder.jpgWake up and good morning. A curious, potentially disturbing piece of research is out from the Pew Research Center that finds, in effect, it matters where you live when it comes to achieving the American Dream. In more concrete terms, the research finds Florida ranks poorly among U.S. states in offering its residents upward economic mobility. It's harder in Florida to climb the earnings ladder but easier to slip down the economic ladder.

The Pew Center on the States' Economic Mobility of the States report identifies Florida, Alabama, Kentucky, Mississippi, North Carolina and Texas have "worse" economic mobility. Three states -- Louisiana, Oklahoma and South Carolina -- are deemed the worst for economic mobility.

The best states for mobility? These three: Maryland, New Jersey and New York. The better states are mostly in New England and the upper Midwest: Connecticut, Massachusetts, Pennsylvania, Michigan and Utah.

Why do we care? Because the Pew report basically says Floridians are more likely to decline than better themselves economically relative to certain other states.

Bottom line? The grass really is greener in certain states clustered in New England, Middle Atlantic and Midwest. We are, this report suggests, simply not competitive enough with opportunities available elsewhere. Read more from this MSNBC story.

Quick, Florida policy leaders. Hide this Pew report from all those young and promising adults we claim we want to keep in the Sunshine State. They won't like what they read.

-- Robert Trigaux, Business Columnist, Tampa Bay Times

[Last modified: Friday, May 11, 2012 8:16am]

    

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