Presentation of Growing the Middle Class

Bruce Katz
Bruce Katz Founding Director of the Nowak Metro Finance Lab - Drexel University

June 7, 2004

In this presentation to the Community Prosperity Initiative in Miami, Bruce Katz outlined the latest urban center report, Growing the Middle Class: Connecting All Miami-Dade County Residents to Economic Opportunity. Much attention has been focused on Miami’s poverty rates, but the region’s wide gap between rich and poor has another dimension. Miami-Dade County, and in particular the city of Miami, has a small middle class. Miami-Dade is failing to retain residents, including immigrants, who have successfully moved up the income ladder, and build its middle class from within. Addressing this failure may be the single most critical intervention the region can take to improve its future.

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