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.

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
Read Session II Takeaways

Related News

Renowned Big-Data Economist Raj Chetty to Visit Greenville

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...

Continue Reading >