The American dream is “the belief that anyone, regardless of where they were born or what class they were born into, can attain their own version of success in a society where upward mobility is possible for everyone.” It can be further explained as “the freedom to aspire to bigger and better things and the possibility of achieving them,” and “the freedom to accumulate wealth. Home ownership is frequently cited as an example of attaining the American dream. It is a symbol of financial success and independence, and it means having the ability to control one’s own piece of property instead of being subjected to the whims of a landlord.” (Investopedia) Money is a major aspect of American culture. A majority of a family’s income is spent on housing, …show more content…
Today, normal middle class people will buy expensive name brand items to raise their social status even if they can’t afford it. There are a variety of factors driving this extravagant spending. The desire to show off our success, the need to have what other people have, prolific advertising and product placements, and a society that favors instant gratification over hard work are a few reasons. (Investopedia) According to a Federal Reserve Board study, 43% of American families spend more than they earn and approximately 2,039,214 consumer bankruptcies were filed in 2005. Many people wonder why there has been such a jump in spending over the last decade. This spending could be due to an increase in sales in recent years. Department stores and other companies are trying to get people into their stores and buying their products. These companies know that once they can get a consumer into the store the consumer will most likely be walking out with some product. Many companies, like Kohl’s and JCPenny, do this by sending coupons to people’s homes and holding sales almost every other weekend. This makes the consumer think that they are receiving a deal and that in the long run they are saving money on these products. However, what consumers don’t realize is that they end up buying products that they wouldn’t have purchased otherwise. Also, …show more content…
This would increase the flow of money in the economy. If more people are spending their money then businesses will be making a greater profit. This means that these major companies will hire more people and will further increase the wealth of the country as well as continue to increase cash flow into the business. However, what these people don’t realize is that this doesn’t actually work in the long run. The idea of giving corporations more money will help fuel the economy was tested with the trickle-down effect tax policies. When looking from 1954 to 2003, the top tax bracket rate trended downward over this period, however, the annual change in unemployment doesn't seem to change what so ever. (faireconomy.org) It can be seen that that cutting taxes for the richest Americans did not improve the economic standing of the lower and middle classes or the nation as a whole, so why would the companies change their business model if they received and increase in
Owning a home is emblematic of the “American Dream”. Unfortunately for many Americans, especially Millennials who are entering or have entered the job market, the thought of owning a home still remains a dream. Our unstable job market and fragile economy has made this aspect of the “American Dream” quite difficult, and many Millennials are more content with landing their dream job than owning a home. The wealth gap between the rich and the poor has prevented the poor from attaining the Dream since the Dream has always been within the grasp of those well off. In our modern society, the same unfortunately is true.
Another tenet set on the dream was home ownership. “Owning a home lies at the heart of the American Dream” says President Bush according to economist Paul Krugman in a 2008 New York Times Column. Politicians made it out that Americans who didn't own a home, were considered second class and not a real native. William J. Levitt, where “Levittown” comes from, played a another role in “making home ownership a new tenet of the American Dream” (Kamp). The dream was transforming from aspirations to specific goals, more often than not, purchased goals. It now included a house, a car or two, a television, and being able to send one's children to college. The American Dream was becoming focused on
Since I was a little girl, I always knew I had potential to do great things. I've always been good in school, but not maxed out my full potential. As I got older I learned more about what the "American Dream" is. Too many people say its money, the more money you make the better off you are. I have learned that money isn’t always the answer. The true meaning of the “American Dream is really success and happiness in any thing you do. But how do you really achieve that goal? Now a day’s education is the key to success. When I turned eight teen I made up my mind I was just going to graduate and work. I wasn't interested in college at all. I was tired
The American Dream has been a talked about topic ever since America was created. But how achievable is it for an average American citizen? The Old Man and The sea, The Jungle, Of Mice and Men, and A Raisin in the Sun all show that the American Dream is possible if one has the right mindset and takes advantage of opportunities.
Another reason why all Americans have an equal opportunity at achieving their American Dream is because everybody has access to an education in their early years and that’s the backbone to finding a good career that you enjoy doing later on in life. Don’t take your education for granted and every opportunity you get to learn something new, take it and make the most out of it. The more you know, the better off you’ll be. If you have the chance, continue your education after high school in a particular field you want to partake in. Unfortunately, some families don’t have the cash to further their kid’s education, but that shouldn’t stop you from finding a good career. Some of the data I collected from
There are several factors that relate to the American Dream and a person’s ability to achieve it. Race is one of the aspects that has been the most controversial for hundreds of years; it has been the one issue that has divided the United States more severely than any other issue. Although racism has diminished significantly as years go on, it is still a prevalent issue in some people. Despite differing opinions within the seminar discussion and the articles, there are certain cases in which race does inhibit someone’s ability to achieve their American Dream as well as tarnishes their mindset about achieving it.
The american dream is very achievable. If there people that can come to america and have jobs, raise a family, and make money. Then I can see that it is very achievable. Immigration always has a huge impact in American. People can come to america and have a greater chance of succeeding than any other country. That why you need to have faith, be trustworthy and have freedom. There is alot to describe on how to be an american. In america there are so many freedoms you can have. You have the us constitution and the amendments to defend you with all the laws. To be an american it means to be faithful, trustworthy, and have freedom.
Everybody has an opportunity to achieve the american dream. The typical wife and two kids lifestyle, with a well-paying job and the determination to work hard. America makes it very possible for anybody to succeed. Over the years, it has only gotten easier to obtain that sort of life.
The American Dream is great, it gives every citizen of the United States the opportunity to achieve their dream. You are given the opportunity to make the most out of yourself and to show everyone your capabilities.
The United States of America has been through, overcome, and made numerous mistakes over hundreds of years. America has had wars, slavery, the Great Depression, and so many other terrible circumstances and happenings in their country. Despite all of the events America has been through, they were able to overcome them. Therefore, they were capable of continuing to be a free country and allowing their people to worship, feel, act, think, and believe however and whatever they choose. For these reasons, I have extremely high hopes in regards to America moving toward a more unified and successful future.
Americans live in an era of out of control spending that is driven by materialism. Children at a young age become well acquainted with the idea that owning the newest and best puts a greater amount of value into one’s life. Unfortunately, for many, this negatively translates into adulthood. Materialism is the root of millions of American citizen’s insurmountable amounts of debt. People have the desire to appear to their family and friends as though they are living lifestyles of luxury, when in reality, they are simply digging themselves a hole of debt they will never escape. But not only is trying to keep up a wealthy persona costly, it also entails a vicious, draining cycle that constantly leaves the consumer
I think people do not have equal access because we come from different social standards. Some people may be rich and some people may be poor. I think that will all have to work for our dreams. I want to be a women's basketball coach in a few years, but I know I have to be involved in a program in anyway possible. So I'm trying to get an internship at College of Charleston. I know that getting a coaching job takes a few years, but I just want to keep working hard. Depending where somebody lives could also affect their dream. If someone lives in a crummy neighborhood and they do not have access to a place to achieve that dream then will not happen. If someone is born into a good social standard it easier for them to achieve their American dream.
The road to success is not easy to navigate, but with hard work,patient and united, it's possible to achieve the American dream and American Dream requires that we are all provided an equal opportunity to participate in and contribute to our nation.
America throughout time has been known as a country for opportunity and freedom, where anyone can come and have a fair chance at living their “American Dream.” The stereotypical American dream is having a two parent family, with stable income, owning a home with a white picket fence with two children. But the reality of America is that this “dream” is achieved more easily by white men. Even though America is supposedly “The land of the free” and provides “Liberty and Justice for all”, these statements are more of a source of irony than truth. In America a person’s social status, race, and gender play a large role in their ability to achieve the American dream. The color of one’s skin, how much money and social influence a person has, and what physical anatomy they contain affect how hard it is to attain their American dream. So the reality of America is that it is not as an equal opportunity land for everyone to achieve their dreams as it is thought to be.
Media outlets from all over express the dire importance of having the newest and best thing, or the biggest and most expensive house. For example, in Lewis's essay, he explains that society promotes the "willingness of Americans to risk it all for a house above their station." As a consumer, I can relate to these pressures that are put on to us by companies and most commonly our peers. Whether it's clothing, cars, houses, or pretty much everything else that comes with a cost, our thinking is constantly challenged, which makes it understandable why people commonly react with such illogical