Summary: Beware Of Greeks Bearing Bonds

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.

America still to this day holds on to the idea of the “American Dream”. This is rather surprising in today’s society and the ups and downs that the nation is facing. The dream in the past was more about freedom and equality. Moving through the decades, this dream has morphed into something quite different. Instead of what America means for all of its inhabitants, the nation has become more individualized. Society has moved to interpret the dream of what America can do for the one. Instead of the unified nation, America has been known for in the past, a shift has started creating an inconsistency in who can realize the dream. The myth of the “American Dream” has been hugely affected by increased materialism, the gap in economic status, and the fantasy of “rags to riches” idea.

The American Dream has held a special place in the hearts of patriots since the very founding of America in 1776. It has been a subject of many authors who grapple with its attainability, and is a beacon of hope gazed upon by victims of circumstance. The Dream has been interpreted by great minds in various ways, and has been deemed both an evil deception and a great promise of a better life. However, the American Dream has morphed from this promise of opportunities and second chances--in fact, it has become viewed as a cause for societal competition and the reason for decreasing happiness among the American people. As Americans attempt to “achieve their goals,” and “keep up with the Joneses,” they subject themselves to the materialistic cycle of greed. Success, and the goal of the American Dream, has been redefined. To be put simply, the American Dream is now to be richer than one’s neighbor, despite the fact that happiness--and thus, the Dream--cannot be achieved solely through wealth and material goods.

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.

What is the American Dream? Is it home ownership, gaining fame or wealth, having a great family or is it gaining a peace of mind? Many people have different versions of what the American Dream is, some people believe the dream is lost, and some people are right in the middle and still believe the American Dream is still alive. “The American Dream” by Brandon King debates about what the true state is left in the American Dream now. Throughout the essay, King asks if the American Dream is dead, alive, on hold or just changing due to economic hardship. King believes that the American Dream is still alive even though there are people who believe it's not, and is defined today as the ability to work hard, plan for the forthcoming and have a

Despite having the idea of a better life many Americans today feel as if they cannot achieve the American Dream. When the American Dream was first introduced, the cost of living was much lower than what it is today and opportunities for success are not the same as they were before. Weekly earnings have gradually decreased since 1962; likewise, the

We have all heard of this intense rollercoaster ride that we are on called the American Dream. The term was coined by James Truslow Adams in 1931 defining it as “dream of a land in which life should be better and richer and fuller for every man, with opportunity for each according to his ability or achievement.” Since it’s arrival, the Dream has evolved from a pursuit towards “freedom, mutual respect, and equal opportunity” (Shiller) to later one of greed described by Shiller as being “excessively lustful about homeownership and wealth” beginning in the 1960s. Traditionally, the American Dream included features of a nuclear family, that is one with a breadwinning father, a housewife, and two kids, owning a white picket fence home, thriving without financial worries, and a happy family. There has been a shift in focus for the Dream caused by the Millennial generation and in turn they have included features that place an emphasis on equality in all aspects of their lives from family life to the workplace placing their own twist on the Dream. The American Dream has evolved over time to include equal opportunities, college education, and happy family.

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);

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

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.

“The American Dream” is advertised as being the act of a person having an idea, goal, or as the saying suggests, a dream, and then them spending time, energy, and money to make it come true. However, if you haven’t realized it yet, there’s a reason they call it a dream because it hardly becomes a reality. More and more people are realizing this so called “dream” is nothing but a hoax, and that the promises America assures and guarantees such as equal opportunity and equal success are nothing but pure manipulation. Furthermore, the American dream no longer stands by the virtue of discrimination and prejudice, overwhelming debt, and failed establishments.

The United States of America is the most powerful and wealthy country in the world. The varieties of class, individuality, religion, and race are a few of the enrichments within the "melting pot" of our society. The blend of these numerous diversities is the crucial ingredient to our modern nation. Even though America has been formed upon these diversities, its inhabitants- the "average American"- have a single thing in common; a single idea; a single goal; the American Dream. The Dream consists of a seemingly simple concept; success. Americans dream of a successful marriage, family, successful job, and own a Victorian-style home with a white picket fence and an oak tree with a swing tire in the front yard. The

In 1937, James Truslow Adams coined the term “American Dream” in his book The Epic of America. Adams stated the “American Dream” was a land of opportunity for everyone. In this utopia, every man and woman is able to reach their highest potential in employment, housing, and family regardless of birth or position, because they worked hard and earned it (“What is The American Dream?”). Ever since 1937, Americans have had this idea in their head of finally achieving the “American Dream” with their spouse, house, white picket fence, 2.5 kids, and movement up the socioeconomic ladder. It is what people whisper at night as they leave their war-torn streets for a better life. Yet in the past few years, that dream has begun to crumble. I believe Millennials are waking up to see that this dream utopia is flawed.

Greece is one of the most developed countries but today it has a debt of over 300 billion Euros which began two years ago including purchasing power parity. Greece is ranked 38th and 44th in the world for nominal GDP and purchasing power parity (PPP). The base for Greek crisis is mix of domestic and international factors. Locally incorporates high government spending, auxiliary rigidities, charge avoidance and defilement. Greece was a standout amongst the most seriously hit nation among the EU. The nation 's biggest commercial enterprises are

Unfortunately, the Greek governments of the period 2001-2009 did not take advantage of the low inflation environment and they ran fiscal deficits of 6 per cent of GDP on the average while they also increased the share of the government spending in the economy (Antzoulatos, 2011). Thus, when the negative effects of the 2007-2009 financial turmoil reached the eurozone and worries over the fiscal problems of Greece and other European countries started to emerged then it was made clear that two hidden problems of the Greek economy remained unaddressed were brought to the surface emphatically once again. The tranquil years of 2001-2009 have led the markets to ignore these two fundamental problems of the Greek economy. As Gibson et al. (2012) argue the markets partially made the successive Greek governments to believe that the low interest-rate environment would be a permanent feature of the Greek economy. Their econometric evidence shows that the drastic reduction in interest-rate spreads occurred over the 2001-2009 period were not justified by the