The American dream is often presented as an idealistic vision; a married couple with healthy kids, owning a home, and living successful, happy lives. Many Americans believe that the American dream is like a “dream” , however, that is not necessarily true. The American dream is not about living in a home with a white picket fence that is surrounded by a perfect world. The American dream is being financially stable, having equal opportunities for all Americans, and achieving success by taking initiative for new and open possibilities. This definition is the true meaning of what the American dream is today, which is why it is dead. The American dream is no longer attainable; Americans are worried about not having enough money to provide for their …show more content…
Because of America’s failing economy, many Americans no longer believe that they will ever be financially secure, therefore, not be able to provide for their families. One of the biggest things that come in the way of being financially secure is the problem of wage inequality. Around the nation all workers are paid different salaries, and this, essentially, causes a wage inequality gap, specifically between the upper and middle classes. “Stagnant wages and unsteady employment have helped create income and wealth inequality gaps that are now approaching levels this country has not seen in almost a century. Because the richest Americans are receiving a disproportionate share of income and wealth in the U.S.” (Raw Story). Wage inequality is becoming more of a problem as people start to realize the tremendous gap between what each American worker is being paid. As more Americans begin to take notice to this, they are more aware of what outcome it will have on them and their family. The outcome is that, if someone is being paid more than another worker, they are more likely to not be as financially stable as the worker being paid more. However, to be receiving a salary and being able to be financially secure, an American must have a stable job. A huge reason for American families not being able to be …show more content…
Many Americans have lived and continue to live the American dream. Americans work hard every day to accomplish a variety goals they have set throughout their lifetime. One such American is Oprah Winfrey. Oprah Winfrey was not raised in a household with life advantages, yet she still managed to become the one of the world’s first African-American woman billionaire. Growing up, Winfrey’s life was difficult; she was an illegitimate child, she lived at her mother’s house, where she was continually sexually harassed, and she lived with her father for some time, who was hardworking and strict. She would go back and forth from both parents house, until she got pregnant and unfortunately lost the baby. As she began to grow up, her life became more stable and she began to be praised for her hard work. She became vice president of her school and was voiced on radio show broadcasts, where one day she would work. Soon after, Winfrey started her own talk show, “Her show was syndicated throughout the world and she went on to set up her own production company, the Harpo Entertainment Group, to make The Oprah Winfrey Show. By 2003, she was ranked among the 100 richest people in the world and had become the first African-American billionaire. By this time, Oprah had also started O Magazine, which further promoted her message of self-reliance and surviving.” (Best You
Is the American Dream dead or alive? To many the American Dream is the ability to work hard enough to fulfill their dream and unlock opportunities for success. In the article “Is the American Dream Still Possible”, David Wallechinsky demonstrates the many problems in Americans way. He provides family and individuals stories that explain the reason they don’t believe in the American Dream like prices going up and citizens not getting paid enough. He makes his claim convincing to make individuals believe that his perspective is correct.
The American Dream has always been a driving force in the lives of Americans. It has become a foundation of ideals and hopes for any American or immigrant. Specifically, one of the ideals that always exist is the dream of America free of class distinction. Every American hopes for a society where every person has the opportunity to be whomever he or she desire. Another ideal in the American dream is the drive to improve the quality of life. As one’s idea of the American Dream gets closer and closer, often times political and social ideals of America cause their American Dream to take a turn for the worst.
The American Dream: Dead, Alive, or on Hold? written by Brandon King discusses what the American Dream is, how it has evolved, and how to live it to the fullest. He writes that the American Dream in the past meant to live a wealthy, materialistic life, however the American Dream today is to live in stability. The American Dream also has the potential to be viewed from multiple perspectives as everyone is different and have their own opinion as to how live the American Dream. King also addresses that inequality is the main problem according to many; the government is only making the rich minority wealthier, ignoring funds for the lowers classes. The American Dream will never die as long as planning ahead and proposing policies to sustain economic growth are tirelessly acted upon.
The highest earning fifth of U.S. families earned 59.1% of all income, while the richest earned 88.9% of all wealth. A big gap between the rich and poor is often associated with low social mobility, which contradicts the American ideal of equal opportunity. Levels of income inequality are higher than they have been in almost a century, the top one percent has a share of the national income of over 20 percent (Wilhelm). There are a variety of factors that influence income inequality, a few of which will be discussed in this paper. Rising income inequality is caused by differences in life expectancy, rapidly increases in the incomes of the top 5 percent, social trends, and shifts in the global economy.
First, what is the American dream? According to David Wallechinsky, “the traditional American Dream is based on the belief that hardworking citizens can improve their lives, pay their monthly bill without worry, give their children a start to an even better life, and still save enough to live comfortably after they retire” (1). “The American Dream” states, “It has always represented the possibility for individuals to succeed and live a life of wealth and comfort, made possible by both the political and economic attitudes in the USA and the individual’s own hard work” (1). Daniella Nicole adds that “in years past, chasing the American Dream meant the sky was the limit. . .” (1). “At the core of the concept is the individual’s responsibility to aim for and achieve the American dream by working hard and taking advantage of the freedom offered to them by the country” (“The American Dream” 1). “A recent nationwide survey from LearnVest found that 43 percent of Americans today feel the dream is attainable for everyone - and about the same percentage feels that it’s within their grasp, personally,” notes Camille Noe Pagan. “For American Dreamers today,” states Nicole, ...
Income inequality not only harms us fiscally, but also affects our mental and physical wellbeing; therefore, it is important to identify the right ways to control wealth distribution among people.
Everybody has their own definition of living the “American Dream” and although they have their own definition, they all end up saying the same thing. A big house, a family, enough money to feed their family and do other things around town, a job, success, peace, love, and happiness are all things that qualify one for living the American dream. Some people, however, do not believe in the American dream because it is hard to achieve, even if you are taking all the right steps to achieve it. In these two articles “What is the American Dream in 2016”, and “The American Dream is Alive – These People Prove It”, you will be able to identify both attitudes towards the American dream. In the article, “What is the American Dream in 2016”, by Sean Bryant, he writes about how the American dream barely exists.
Years ago, the United States of America was the prime example of prosperity and opportunity. In recent years, in the worst recession since the Great Depression, unemployment and interest rates have skyrocketed. The “American Dream” is an idea that was once a commonly accepted ideology in this country. It has since become only a fallacy. The “American Dream” is no longer an attainable idea, only a fantasy. The “American Dream” is not a true dream that will ever be equally attainable by everyone.
The American Dream is known to be a hope for a better, richer, happier life for all citizens of every class. For almost all Americans, this entails earning a college degree, gaining a good job, buying a house, and starting a family. Although this seems wonderful, a large amount of the American population believes that the Dream has changed immensely because of increased prices in today’s society, the price of tuition being highly unaffordable, as well as the unemployment rate skyrocketing and weaker job growth. While some American citizens believe it has changed, others believe that the American Dream has not changed, but point out it is harder to obtain.
The American dream is a slowly fading dream that seems to be escaping all the lower classes of American society. The American dream still exists if we examine it correctly. The dilemma with the American dream is that it has become so much harder to fulfill. Social inequality, along with a lack of social mobility, have negated the ability to accomplish this. As time has passed, the gap between the rich and poor has become larger and larger.
People who work hard enough become successful and build a good life for themselves and their family. Millions of Americans and others who admire America have believed this for generations. However, is this still true? Brandon King debates his interpretation of the American Dream in his published work, “The American Dream: Dead, Alive, or on Hold?” During his essay, the speaker highlights how important the American Dream is to the economy and providing a distance from inequality. The speaker emphasizes his belief that the American Dream is still alive within America and that people must work hard to achieve it. When discussing the American Dream, King will agree that the idea is alive and thriving in the minds of Americans; yet, I argue that the idea is on hold within American society due to lack of upward social independence and economic mobility.
The American Dream is so important to our country and especially for our generation to take seriously. The American Dream is the opportunity to reach the goals one sets for themselves. It is about having your dream job and life you have always fantasized about. The dream is also about having freedom and equality. The American Dream was much easier to attain a few decades ago compared to today. However, it is still possible. The economy was better fifty years ago than it is today. People are in greater debt now and the United States is in higher debt than it was fifty years ago. The American Dream is still possible despite the lack of improvement within social mobility in American society over the past years. The American dream is achievable by being able to live a middle-class lifestyle and that lifestyle is obtainable through hard work and perseverance, even in light of obstacles such as racism. “The American Dream is still achievable, however, the good news is that people at the bottom are just as likely to move up the income ladder today as they were 50 years ago” (O’Brien 1). The ability to attain the American Dream is hindered by race, the middle class, and giving up facing adversity.
Income inequality has affected American citizens ever since the American Dream came to existence. The American Dream is centered around the concept of working hard and earning enough money to support a family, own a home, send children to college, and invest for retirement. Economic gains in income are one of the only possible ways to achieve enough wealth to fulfill the dream. Unfortunately, many people cannot achieve this dream due to low income. Income inequality refers to the uneven distribution of income and wealth between the social classes of American citizens. The United States has often experienced a rise in inequality as the rich become richer and the poor become poorer, increasing the unstable gap between the two classes. The income gap in America has been increasing steadily since the late 1970’s, and has now reached historic highs not seen since the 1920’s (Desilver). UC Berkeley economics professor, Emmanuel Saez conducted extensive research on past and present income inequality statistics and published them in his report “Striking it Richer.” Saez claims that changes in technology, tax policies, labor unions, corporate benefits, and social norms have caused income inequality. He stands to advocate a change in American economic policies that will help close this inequality gap and considers institutional and tax reforms that should be developed to counter it. Although Saez’s provides legitimate causes of income inequality, I highly disagree with the thought of making changes to end income inequality. In any diverse economic environment, income inequality will exist due to the rise of some economically successful people and the further development of factors that push people into poverty. I believe income inequality e...
The American Dream has changed; it is no longer the same as it was fifty or even one hundred years ago. Today, people not only search for prosperity and wealth, but they also search for happiness, equality, and determination. The American Dream is for everyone, not just the rich. The term “The American Dream” is a term used to describe the American way of life in general. It is a noun stating “the idea that every US citizen should have an equal opportunity to achieve success and prosperity through hard work, determination, and initiative.” Dreams are not limited to just one social class, everyone has a different version of the American Dream but they all work together in a community to create an organized, working society. A dream is a cherished aspiration, ambition, or idea that is open to anyone.
What is the American Dream, and who are the people most likely to pursue its often elusive fulfillment? Indeed, the American Dream has come to represent the attainment of myriad of goals that are specific to each individual. While one person might consider a purchased home with a white picket fence her version of the American Dream, another might regard it as the financial ability to operate his own business. Clearly, there is no cut and dried definition of the American Dream as long as any two people hold a different meaning. What it does universally represent, however, it the opportunity for people to seek out their individual and collective desires under a political umbrella of democracy.