That's what economist Mark Zandi is quoted as saying in an article discussing the extent to which the housing crash is reducing mobility, because people can't sell their homes. The problem is that the chart that accompanies the article (produced by Mr. Zandi's firm, Moody's Economy.com) indicates the opposite.
The chart shows that interstate mobility fell as the unemployment dropped throughout the 90s. It remained relatively low in this decade before rising rapidly in 2004. If this rise in mobility is a response to the economic growth, then the economy is displaying the exact opposite reaction from the 90s, when a stronger economy was associated with less mobility.
A second Trump administration will cement a right-wing majority on the Supreme Court for a generation, and put our collective future in the hands of someone who will be virtually unchecked by our institutions. The country has shifted rightward, and the reverberations will ensue for potentially the next few decades. In this climate, a robust independent media ecosystem will be more important than ever. We're committed to bringing you the latest news on how Trump's agenda will actually affect the American people, shining a light on the stories corporate media overlooks and keeping the public informed about how power really works in this country.
Quality journalism is expensive to produce, and we don't have corporate backers to rely on to fund what we do. Everything we do is thanks to our incredible community of readers, who chip in a few dollars at a time to make our work possible. Any amount you give today will help us continue reporting on what matters to our democracy.
