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Defying the Odds

Defying the Odds
New book about the 2016 election.

Saturday, April 8, 2017

Left Behind

Defying the Odds goes into some length on the economic and social distress that boosted Trump.

James Pethokoukas writes at AEI:
Recent attention — thanks in good part to the 2016 elections — on inequality and mobility issues has focused on America’s “left behind” Appalachian and Rust Belt regions, such as depicted in “Hillbilly Elegy“. A couple of recent Economic Innovation Group reports add context.
One illustrated the lopsided nature of the post-recession recovery, finding that (a) 20 counties alone generated half of the country’s new business establishments, and (b) only 15 large counties enjoyed their strongest recovery in the 2010s. A more recent analysis — based in part on data from Harvard’s Equality of Opportunity Project — finds 51% U.S. counties home to 60% of kids exert “a negative impact on children’s future earnings.” As that report concludes, “Most children in the United States are growing up today in counties with a poor record of fostering upward mobility. As the geography of U.S. economic growth narrows, it may become even harder to prevent further retreat of economic mobility”.