Bootstraps: Myths and Solutions to Economic Mobility
Pull yourself up by your bootstraps is a widely held belief encapsulating the American Dream: anyone, regardless of background, can achieve success through hard work. But is it possible today? Has it ever been? Current studies consistently show that now, more than ever, the most significant predictor of an American child’s future income and wealth is the income and wealth of their family.
StraightTalk 2025 examined challenges within key parts of society—education, work, and place of origin—that make the cycle of poverty difficult to break, driving America’s increasing wealth gap and shrinking middle class. Speakers discussed policies, efforts, and systemic changes needed to create pathways that can lead to upward economic mobility for all.
StraightTalk is carried out annually in partnership with OLLI@Furman. The 2025 event was also generously sponsored by Hollingsworth Funds and a number of campus partners.
Series Information & Resources
Session I
Session I examined the roadblocks to upward mobility within America’s education system and explored how better economic outcomes can be achieved by all children, regardless of background, through various public education policy approaches.
Speakers
- Rep. Melanie Barton; deputy chief of staff and senior education advisor for Gov. Henry McMaster
- Rep. David Trone; founder and owner, Total Wine & More
- Julie Dunson Meredith (moderator); director of the Center for Critical Issues, The Riley Institute
Session II
Chandra Childers explained how trending labor policies influence increasing disparities and wealth gaps in America’s workforce. Then, Childers and local business leaders discussed workforce policies, efforts, and changes that can lead to economic opportunity and growth for all American workers.
Speakers
- Chandra Childers, Ph.D.; senior policy and economic analyst, Economic Policy Institute
- Ray Lattimore; founder, Marketplace Staffing
- David Lominack; commercial market president of South Carolina, TD Bank
- Julie Dunson Meredith (moderator); director of the Center for Critical Issues, The Riley Institute
Session III
Dr. Raj Chetty discussed what big data reveals about the socioeconomic outcomes of millions of American children, and how these outcomes link to the neighborhood where each child grows up. Speakers then shed light on how a person’s “place” can drive or diminish their economic opportunities and explored what it will take for communities to foster conditions for all children to thrive not only on a national level, but locally in Greenville and across the Upstate.
Speakers
- Raj Chetty, Ph.D.; William A. Ackman professor of economics, Harvard University; director, Opportunity Insights
- Terril Bates; CEO, Greenville Housing Authority
- Tiffane Thompson Davis; chief DEI officer, Michelin North America
- Shannon Lavrin; city manager, City of Greenville
- Gage Weekes (moderator); CEO and president, Hollingsworth Funds
Watch Session Recordings
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FOR INFORMATION: Claudia Winkler Director of Marketing and Communications The Riley Institute at Furman University 864.294.3368; Claudia.winkler@furman.edu July 10, 2025 – FOR IMMEDIATE RELEASE: GREENVILLE, S.C. — While Greenville ranks highly on U.S. News and World...
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