The American Dream By Paul Krugman Analysis

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The term “ The American Dream” has a few meanings, but one of the most popular is “ Life, liberty, and the pursuit of happiness” (Declaration of Independence) which is the dream that most Americans strive for. In other terms, The American Dream is the opportunity of the pursuit of freedom, opportunity and joy of needs and wants. As Thomas Wolfe said, “ ...to every man, regardless of his birth, his shining, golden opportunity ...the right to live, to work, to be himself, and to become whatever thing his manhood and his vision can combine to make him” (Wolfe). This quote explains how everyone in the United States gets the right to achieve this American Dream to function as a member of modern day society and to pursue their hopes and dreams. If you come to America underprivileged or destitute, then you have the chance to turn that around through hard work and determination. As the explanation of the phrase states, everyone has the opportunity to achieve the American Dream, depending on how much effort they put in or how fortunate they are. In other words, some people will be able to work hard and achieve their dreams, while others will work hard and not end up being fortunate enough to achieve their goals. A lot of the American dream has to do with …show more content…

In Paul Krugmans article Confronting Inequality, he explains the differences between wages of the wealthy and the poor are a problem. Today, America 's middle class is overextending themselves in an effort to give their children more opportunities Many middle class individuals are buying homes that they can 't afford, so that their kids will be attending a good school so that their children can have more opportunities This shows the growing gap between the wealthy and the poor. Robert Frank reports that the rich are creating their own world, away from the middle class and the poor, which supports Krugman 's thesis that there is a growing difference in social equality, which is being caused by the gap between

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