The Steep Climb to Economic Opportunity for Vulnerable Families

Source: Kasey Wiedrich, Lebaron Sims, Jr., Holden Weisman, Solana Rice and Jennifer Brooks, Corporation for Enterprise Development (CFED), January 2016

The Assets & Opportunity Scorecard is a comprehensive look at Americans’ financial security today and their opportunities to create a more prosperous future. It assesses the 50 states and the District of Columbia on 130 outcome and policy measures, which describe how well residents are faring and what states can do to help them build and protect assets. Despite the nation’s ongoing economic recovery, millions of low- and moderate-income Americans are, like the Greek mythological character Sisyphus, perpetually forced to push an outsized boulder up a steep hill with little prospect of reaching stable financial ground. The 2016 Assets & Opportunity Scorecard shows how today’s economic status quo offers little hope to these struggling families. This report summarizes the key findings from the 2016 Assets & Opportunity Scorecard and provides a deeper look at the racial wealth divide and the outcome and policy data trends over time and across states in the Scorecard’s five issue areas: Financial Assets & Income, Businesses & Jobs, Housing & Homeownership, Education and Health Care. The report also includes an infographic of the overall adoption of the 69 Scorecard policies across the states, which allows you to see at-a-glance which states have adopted the most policies and which policies have been adopted by the most states.
Related:Main Findings
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