Is The American Dream Dead?
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Before looking at what the American Dream is today, we need to look at its roots. Our Founding Fathers introduced the revolutionary idea that each person’s desire to pursue their idea of happiness was not self-indulgence, but a necessary driver of a prosperous society.
The American Dream is a national ethos of the United States, the set of ideals (democracy, rights, liberty, opportunity and equality) in which freedom includes the opportunity for prosperity and success, as well as an upward social mobility for the family and children, achieved through hard work in a society with few barriers.
Some 37% of the poll’s voters said the American dream is alive, but under threat; 28% said it’s under serious threat, but that there’s still hope; 7% said it is dead; and 27% said it is alive and well.
Two of the biggest issues in this year’s presidential election are rising income inequality and stagnating economic mobility. Not only that, but these issues are everyday concerns for millions of.
Editor’s note: Jack Cafferty is the author of a new book, "Now or Never: Getting Down to the Business of Saving Our American Dream." He provides commentary on CNN’s "The Situation Room" daily from 4.
You start to wonder: Is the American Dream still alive, or are we just dreaming? dead wages for the American middle class have stayed close to level from the early 90’s until around 2013.
Donald TRUMP: Sadly, the American Dream is dead! Donald Trump's view of the American Dream – and his promise to revive it – had a lot to.
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"The U.S. worked hard to create the American dream of opportunity. But today, that dream is a myth." Economist Joseph Stiglitz, Financial Times If you follow the financial news, you already.
The death of the dream. While the American Dream of upward mobility and financial security is alive and well for the richest Americans, lower- and middle-income Americans have never felt less secure financially than they do now. Downward mobility is now the new normal for most Americans. Upward mobility is now an almost insurmountable dream.
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