Is the American dream still in existence? In order to live the American dream and to pursue the idea behind it, a well grade income level is a must have. However, today’s world is quite challenging both socially and financially, making it difficult to pursue the idea of the American dream. Based on today’s assessment on economy, homes, cars, and costs of living are on the rise according to major sources like Wall Street and Bloomberg. Inflations are steady, and Americans, as highlighted by Shames in, The Moral Factor, are greedy for a new frontier to grow and expand. The effect of the outcome is causing Americans to budge their savings and retirement accounts to put forward to live. However, even before someone can assert their mind towards …show more content…
A steady trend in the economy may seem to have minimal effect on the idea of the American dream, but it relates to the financial market. At the moment if people are attempting to seek better wages and lower interest, Americans would have to look at the economic growth. The economic growth in a country is a determinant factor whether citizens would make enough money to afford the American Dream lifestyle, or would be just stay where we are and budge for high rents, low markets, and welfare. Returning to the argument, just minimum light is shed to prove the reality of living the American Dream. It is a brilliant idea for everyone and it has followed since the 1950's era of the perfect America. However, as Shames underlines, “we are beginning to pace our quantity while focusing less on our …show more content…
Higher taxes, mortgages/rent, and inflation of prices effect peoples will to purchase the American dream. There is a saying that if you are educated, you can buy anything, however let’s live in reality and ask the people around us if that is the case. However, the American dream seems to be out of reach of many and as referring back to Shames highlight, society will continue to expand to the “frontier” while consumers lack the empathy and luxury of life. This idea shown and read in history classes in high school may seem easy, but in reality stepping into the corporate world, one realizes it’s not easy to purchase a home, car, and have good money to support a family. Of course that would be no problem if your dad owns a tech company. In reality, the American dream is seen as a point of view, yet at the end is losing its
The “American Dream,” according to Truslow Adams, is “being able to grow to the fullest development as man and woman.” This ideal is not based on fame or wealth, but on enough to sustain a family and live comfortably, with a steadily rising income and a decent home. It is to be believed that hard work along with the “great equalizer”, education, allows individuals the freedom to determine their own life path, regardless of their background. The idea of the American dream ensures upward social mobility for those dedicated enough to achieve this lifestyle. In spite of that, recent arguments have said that this dream is either dying, or already dead. In his book “Dream Hoarders,” Richard Reeves counters that the American Dream is in fact alive and well, but simply being hoarded by the upper middles class.
One may feel that the American dream is not alive due to the economy. Our country is in $17,267,498,701,548, 34 dollars of national debt as of February 10, 2014 (U.S. National Debt Clock). Due to this there is higher interest rates which keeps the value of the dollar higher, which may make it harder to obtain. The country has slower economic growth and weaker job markets, most interest rate profits will not go towards the public. The national debt also results in higher taxes which helps raise more revenue. One last effect of the national debt is higher inflation which could lead to a lower standard of living. This view is un adequate due to the statistice that the debt has decreased by thirty-five percent over the past years (Truthout).
The “American Dream” is overrated. Let’s just face it, it is dead. Not only is this a dream that is almost lusted after by many Americans, this is a widely desired illusion that is far out of reach for most working class people. The American Dream is more than the lifestyle of white picket fences that hold backyard barbecues with your neighbors. It’s earning a living wage that creates a comfortable quality of life, having the security of retirement, and giving your children the opportunity to live a successful life.
The American Dream is usually known as having faith that citizens can achieve success by working hard. How is this possible if the cost of living standards continuously raise, but the economies payroll remains the same. It is impossible to believe in the American Dream when being in the working class because it doesn’t give you the same opportunity as other classes. In order to to bring society back to believing in the American Dream, there must be a change in the way we invest in the education systems and gain equality for everyone.
In the articles, “The American Dream: Dead, Alive, or on Hold by Brandon King, the author argues his opinions on the American dream and how it still alive and attainable, although he realizes that the dream is not the same as it was before. At the time King wrote this article, he was a student at the University of Cincinnati in 2011, three years after the stock market crash in 2008. With the timing of the stock market crashing, this gave King the idea of writing about the American dream and how it is today. When the article was published in the college book “They say, I say” we the reader saw that King redefined the American Dream as "the potential to work for an honest, secure way of life and save for the future." Replacing what he described
David Kamp's 2009 Vanity Fair article "Rethinking the American Dream" focuses on the general perception of the ‘American Dream’ and how it has evolved throughout our nation’s history. It clearly states that as the average American household's lifestyle has become more and more consumer-oriented, the original spirit that invigorated and united its people from the age of western expansion to the Great Depression has begun to fade. The dream has been dampened as the vision of "success" has become more focused on gaining material/getting rich quick, rather than working hard all throughout one’s life to attain what they want and desire.
When the phrase “American Dream” is uttered, it is typically associated with having money or striving to have money. The dream of much of the public is to have money and to be able to purchase anything they desire whenever they want. For some, this dream is not about money, but it is about having the opportunity to better his or herself and his or her loved ones. In either case, there are certain circumstances and obstacles that make this dream increasingly difficult to attain. Some would even be willing to argue, the American dream is unattainable. “American Dream” is defined as the concept of every citizen of the United States having an equal opportunity to achieve success and happiness through hard work, sacrifices, and risk-taking (Fontinelle);
The American Dream as it is defined cannot simply hold true without preservation of it’s ideals. An ideal is maintained by the people. Enjoying the benefits the American Dream promises requires each person to uphold its ideals among his fellows. If this were the case, the original definition might have been preserved. The problem is that other factors kicked in which prioritized wealth and status among people which interfered with the ability of others to pursue the dream. From there, the American Dream gradually changed from hard work to status.
The idea of the American Dream has been around since America was founded, but until 1933, it was not put into words. In the article American Faces 1933’s Realities, by James Truslow Adams, he defines the American Dream as “ ...a vision of a better, deeper, richer life for every individual, regardless of the position in society which he or she may occupy by the accident of birth” (1). The American Dream does not have to be described as having copious amounts of wealth. To some, it is only a vision of a better life for themselves and their families.
Many years ago today, the United States of America was the prime example of prosperity and opportunity. It established America with the idea that its citizens would be guaranteed life, liberty, and the pursuit of happiness. Today, it is true that people have liberties and are free to pursue happiness. However, in recent years, in the worst recession since the Great Depression. Unemployment, growing economy inequality, and medical care have skyrocketed. Despite the odds, the American Dream is still a goal that many people strive for and hope to reach. In fact, an essay written by Brandon King, The American Dream: Dead, Alive or on Hold? He says, “the American dream is a dream in which life should be better and richer and fuller for everyone, with the opportunity for each according to his/her ability and achievement…” (King 610-611). Therefore, the problem with the American Dream lies not within the dream itself, but within the means people pursue to attain this dream.
A recent study shows that more than half of Canadians do not believe that the American Dream is existent. Fifty-eight percent agreed that “the American Dream has become impossible for most people to achieve.” Canadians have reached this verdict for a very simple reason: It’s true. Obtaining a living wage, retirement security, and the opportunity for one 's children to receive a post-secondary education are now nearly impossible. And it is only getting worse. As North America grows in population and wealth, more individuals believe that the American Dream can be easily achieved with hard work and diligence. However, as the cost of living increases, the key aspects of the American Dream are becoming progressively unaffordable for society.
In the article “The American Dream: Dead, Alive, or on Hold?” Brandon King states that even though The Great Recession had a huge effect on the nation’s economy and each person’s life, he believes that the American Dream is still living, and it is a significant solution of recovering the economy. King begins his article by providing two contrasting ideas of the American Dream, which are about the existence of it or not. Then, he continues to give the new definition of the phrase “The American Dream,” known as having comfort and security instead of working hard to achieve success. The author goes on to write about the fragile economy nowadays, and he believes that the economy is having a hard time to recover because of difficulties from the Great Recession: the price of housing goes down, people get jobs slowly, and it is not easy to get money immediately. After making note of this, King continues to discuss that the government’s solution currently does not work for everyone. He states that the result of raising minimum wage does not help poorer become richer. Furthermore, King agrees that we should plan by saving more and enacting policies that sustain economic growth that will keep the American Dream alive. After reading this article, my point of view is opposite with the author’s idea that the American Dream nowadays does not exist like before the Great Recession happened, which was in 2008. It is shown through the debt of new graduated students
Nowadays, many Americans wonder if the American Dream is still alive. At one point in our country, people felt that they could achieve success by working hard. However, after the economic hardships and recession of the 21st century, a number of Americans not only lost income, but some also lost their jobs. Although there has been slow progression to improve the economy, there are those who question whether or not the dream of Americans can ever be achieved again. With unemployment levels still high and salaries failing to increase, there certainly is doubt in most of Americans. In his essay, Brandon King formulates ways to redefine and change the way to look at the American dream. After analyzing King’s essay, one can see his view as believing that the dream is still very much intact. As he points out, the American economy is a very complex system that has had downfalls, but there is always a way to get back up from it. Regardless of your economic status (poor or middle class), if one has a working job, it is possible to succeed based on how much someone is willing to work to achieve their goals. As King would agree, the American dream is not only still alive and well, but anyone can reach success.
The American Dream is known to be a hope for a better, richer, happier life for all the Americans. For every American, this requires earning a college degree, obtaining a good job, buying a house, and starting a family. This all sounds wonderful, but large groups of Americans believe that the dream has changed rapidly over time because of increased prices in today’s society which includes the price of education skyrocketing. Raising a child is also a big issue, and unemployment rates are high causing trouble for the middle class to move ahead financially.
Today, The American dream is not fully represented in the same way as the ideas were initially raised. The ideas were primarily fabricated in the very beginning of our country. The propagandist role of any medium has changed just as much as the times have since the signing of the Declaration of Independence. In contemporary America, film is the leading component of the propagation and detraction of the American dream. The film The Pursuit of Happyness (2005) supports the idea of the American dream our founding fathers set out. Wall Street (1987) on the other hand, supports and acts as a detractor of the true American dream and leads people to believe, what a lot of people already believe, that it is a dream to become monetarily