One of the United States' great promises is that all children will be given the opportunity to work in order to achieve a comfortable standard of living. That promise has faded profoundly for American children who have grown up in poverty, particularly black and Hispanic children, and many of the deepening fault lines in the social order are traceable to this disparity. In recent years the promise has also begun to fade for children of the American middle class. Education and hard work, once steady paths to economic success, no longer lead as far as they once did. But that does not have to be ... More

One of the United States' great promises is that all children will be given the opportunity to work in order to achieve a comfortable standard of living. That promise has faded profoundly for American children who have grown up in poverty, particularly black and Hispanic children, and many of the deepening fault lines in the social order are traceable to this disparity. In recent years the promise has also begun to fade for children of the American middle class. Education and hard work, once steady paths to economic success, no longer lead as far as they once did. But that does not have to be the case, as this volume shows. America can provide true opportunity to all its children, insuring them against a lifetime of inequality; and when it does, the walls dividing the country by race, ethnicity, and wealth will begin to crumble. Long a voice for combating child poverty, the author takes a balanced approach that begins with a history of economic and family policy, from the Great Depression and the development of Social Security, and moving onward. He details the extent of economic inequality in the U.S., pointing out that this wealthiest of countries also has the largest proportion of children living in poverty. Calling for reform, the author proposes several viable universal income-security policies for vulnerable children and families, strategies that have worked in other advanced democracies and which also respect the importance of the market economy. They aim not just to reduce child poverty, but also to give all children meaningful economic opportunity. Just as Social Security alleviates the sting of poverty in old age, asset-building policies can insulate children from the cumulative effects of disadvantage and provide them with a strong foundation from which to soar.