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The American Dream: Life During The Great Depression

Decent Essays

The United States of America total public debt is the largest in the world. Over forty eight million people live in poverty in the United States. We are nineteen point five trillion, yes trillion dollars in debt according U.S. federal government. Jobs are at an all time low, minimum wage for an average adult is not enough to raise a family on, for even some people, just to pay their bills without a family is seeming impossible. So is the american dream really an impossible one? On October of 1929, there was a worldwide economic depression that had lasted for ten years. It was known as “The Great Depression”. Life during the great depression was a rough time. Farmers lost their farms, the unemployment rate raised from three percent to twenty …show more content…

This all still exists in the United States but it is known that most of us will not reach this dream. The modern day American Dream comes from the people who become famous from the internet. Examples like Mark Zuckerberg, founder of Facebook. Bill Gates, known for computer programming and bringing us the internet. So how is the “American Dream” impossible?
Forty five million americans live in poverty and seem to not be able to get free of debt. Most people are not able to get ahead financially because of the lack of education. And this makes people have to get a job that will typically pay minimum wage. Even with an education of some college degree people are in behind financially because of student debt. In 2013, there was three point three million people who were getting paid at an hourly rate of seven dollars and twenty five cents. That is barely enough to afford rent these days in our housing market if there is just one income coming through a home. People around the world have been protesting to raise the minimum wage pay. Most are for it, and most are against it. It’s a fifty-fifty problem in America. If minimum wage went up to ten point ten dollars an hour, it would raise about nine hundred thousand people out of poverty who work

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