America's Middle Class America

During the past couple of decades, the decline in the middle class has been associated to the political agenda of the Republican Party. By ending governmental subsidies and other programs created to build the middle class, has ultimately ceased the growth. However, realizing the importance of the middle class to our fragile economic platform, the Democratic and Independent political parties are desperately trying to create and revamp the middle class

In “The Social Security Problem”, Max Moore discusses the fearful reality of Social Security running out of funds. He states that the U.S. Department of the Treasury predicts that Social Security funds will run out by 2041 and action must be taken in order to prevent this (134). In his essay, he explains how the depletion of Social Security funds are a result from a decreasing retirement age, decreasing fertility rate, and shrinking work force. These things contribute to an increased population relying on Social Security, an increased population of the elderly, and a decreased ratio of workers paying for those beneficiaries (135). Moore explains the proposal of George W. Bush to make Social Security partially privatized; allowing young workers to invest their retirement savings into their own account. This would result in people putting their retirement on the line in

Comedian George Carlin once stated, “That’s why they call it the American Dream, because you have to be asleep to believe it.” Financial security, freedom to live how one chooses, retiring at 65 and living comfortably in old age, owning a home, knowing that working hard pays off: these are all fundamental beliefs tied to the American Dream. As newer generations are increasingly finding the dream to be unrealistic, people are beginning to abandon the concept; however it is still a very present ideology. While many believe the American Dream is a lively goal that everyone strives to achieve, it is actually a dying illusion that is unattainable for all but the wealthiest and used to propagate a classist society, causing a cycle of ignorance

Unkept promises diminish day by day. What once may have given people ambition and zeal has transformed into a superficial and consumerist ideal. In the nation’s youth, the American Dream was a promise to the people which has failed to impart its values to future generations. This promise traces back to the foundation that “all men are created equal” and Dictionary.com’s first definition defines the American Dream as “the ideals of freedom, equality, and opportunity traditionally held to be available to every American.” This is closest to the originally intended meaning of the American Dream which perhaps only a minority of the population still recognizes. Politics and economy have contributed to the significant change in meaning and

“The American Dream: Dead Alive or on Hold?”, written by Brandon King and Paul Krugman’s “Confronting Inequality”, similar address the underlying issues of American ideals while trying to persuade the audience that the American dream, is in fact still alive. In order to convince his audience of liberal economists, King builds his argument by using own meaning the “American dream” while using a number of rhetorical devices that effectively convince the reader that the American Dream has not died. King begins his essay by offering his point of view on the American and the potential of building more prosperity in America. While King gave facts about the high rate of unemployment and the crumbling economy, he used such evidence to further help build his argument. The audience that King is reaching out to is the American public; more specifically the those who have been identified as people who should know that the American dream is still alive.

Today in America, income and wealth inequality has continued to grow at an unsettling pace. The rich continue to get richer, while the number of people categorized as lower class grows exponentially. As Joseph Stiglitz has explained, many theories that are seen as strongly Republican, such as the trickle-down effect, has caused the rich to take money from the poor, and as a result the lower class grows and the middle class disintegrates. The top 1 percent of America’s households currently holds 30 percent of America’s economy, which is much more than other first-world countries and helps to emphasize the extremity of inequality currently in America today. This increased inequality has in turn caused America to become a much more divided society; those born in poverty typically stay in poverty, with little to no chance of self-improvement due to a lack of education provided in their areas. In contrast, those that are born wealthy typically go to better schools, have better health care, and are all but spoon fed information on how to remain wealthy. These two sides of society almost never cross, and this causes the country to be more divided than ever. In order to limit this inequality, drastic changes must be made, such as large corporations paying their fair share of taxes and giving back to the lower class, and minimum wage should be raised. If everyone in America works together, we can raise social mobility and re-unite what has become an increasingly divided country.

For many years the social security program has been operating successfully. In recent times however, it is becoming apparent to some that social security is in need of reform. Their argument is that with the amount of people getting older in the next couple of decades, there will not be enough money left in the social security reserves to pay for everyone who needs it. That is why the idea of separating social security up into private funds has been brought to the attention of the American citizens. This idea of reform has been around for quite a long time; however it has been pushed on by pro reform supporters more in recent times because they think it is necessary for the

The diminishing of the American Dream has only been a recent event. Back in the 1950’s, the dream was alive and well for all Americans, rich or poor. A job was easy to find, with up to 80% of the population employed, according to the U.S Bureau of Economic Analysis. With this total amount of people working, not only was there a substantial decrease in the poor Americans, but any family living beneath the poverty line had a greater chance of finding a job and moving up the economic ladder. This

When people think of the American Dream, most think of the good that arises with it. They don’t consider the hardships and obstacles one must overcome. Many immigrants come to America in hopes of accomplishing their dreams and aspirations, and if they can’t, maybe their children can. Haspel debates how “The U.S. has changed drastically in the last several decades. The middle class, which was the heart of the American Dream, is dwindling, and the disparity of wealth among social classes continues to grow.” (41) This defends the popular phrase “The rich get richer while the poorer get poorer.” In essence, the American Dream can be viewed as the aim to climb the economic ladder. As the economic gap between the different social classes grow, it becomes harder for certain groups to see the American Dream as an attainable goal. The American Dream entails a variety of opportunities, and it is hard for minorities to grasp such opportunities with limited resources. Haspel also debates that “Another issue contributing to the decay of the American Dream is the country’s changing family

Back in the 1950’s and 60’s, when the American Dream was alive and well, a middle class, working family could afford a house, a vehicle, and send their children to college on a single income. Sadly, today, for the majority of Americans, the American Dream, is just a dream. It is an unattainable fantasy that is out of reach for the average American family. The old phrase of pulling up your boot straps and get to work can no longer harvest an income that can support oneself and by no means a family. This was all caused by lobbying of the elite one percent by paying politicians for tax breaks. For America to once again have a thriving middle class, we must revert back to the 90 percent marginal tax of the mid-20th century because tax cuts for the one top percent hinders economic growth, tax breaks causes public education along with higher education to suffer, and tax cuts and breaks also cut many government aids that many Americans rely upon.

According to Gregory Mantsios many American people believed that the classes in the United States were irrelevant, that they believed we reside(ed) in a middle class nation, that we were all getting richer together, and that everyone has an equal opportunity to succeed in life. But what many believed, was far from the truth. In reality the middle class of the United States receives a very small amount of the nation 's wealth, and sixty percent of America 's population receives less than 6 percent of the nation 's wealth, while the top 1 percent of the American population receives 34 percent of the total national wealth. In the article Class in America ( 2009), written by Gregory Mantsios informs us that there are some hu

This “middle-class nation” is struggling to support all those who live in its borders and the misconceptions about wealth are vastly overrated. Furthermore, the idea of wealth and stability is incorrect, and there is a very sharp contrast between the rich and poor in the country. As the richest twenty percent of American hold ninety percent of the total household of the total household wealth in the country, those at the bottom have managed very poorly and suffer to get through the days.

Over the past few decades, the “American Dream” vision has been quickly vanishing as a result of the increasing troubles and weakening of the middle class. It has lost the view of being the most successful and wealthy middle class in the world, while the middle classes in other countries are excelling in earning higher middle and lower class incomes. The issue of the declining wealth of the middle class explains a huge problem in the United States’ future prosperity and well being for the citizens and the country. There are many issues that affect the success of the middle and lower classes, such as structural differences in the economy, culture, and government. The gap between the middle and high classes is increasing specifically. The United States has the image of giving people life and prosperity, but inequality is increasing significantly due to issues in education, decrease in taxation among the upper class, and decrease of middle class power in the democracy, while other ideas and mechanisms can be take from other nations.

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.

     There is much-heated debate on the issues of Social Security today. The Social Security system is the largest government program of income distribution in the United States. People are concerned that they won't see a dime of what they worked so hard to contribute into the Social Security system for so many years. Social Security provides benefits to about forty-three million Americans. Not only to retired workers, but also to their spouses and dependents of the workers who die prematurely. It also provides benefits to disabled workers and their dependents. Social Security appears to most people like a simple retirement saving’s account. After all, you generally