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The American Dream Pros And Cons

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The ideal that anyone can work their way from rags to riches in America is a concept that many argue is still plausible in modern-day society, however prejudices and current events make this idea laughable. It is not so much that the American Dream needs to change but that the people do. This would be achieved most progressively by getting over negative biases and economic ignorance and apathy, and working together as a country of equals, which, in light of recent events, is still not realistically soon. The American Dream was first solidified in the 1920s, around the time of the Great Depression. This, of course, is not the provenance of the term, given that “working towards a larger goal” has always been part of human nature, and that it …show more content…

Young adults had the most cynical view, as they had seen the Great Recession and suffered low points in American economy. Sixty-three percent of them believed the American Dream was an impossible feat, and their pessimism is of no surprise when connects the American Dream to statistics. A Swedish economist, Markus Jantti, conducted a project and found that “42 percent of American men raised in the bottom fifth of incomes stay there as adults” (Deparle). In contrast, Denmark is at 25% and Britain at 30%. Similarly, a Canadian professor at the University of Ottawa found that 22% of American men stay in the bottom tenth of incomes all their life, whereas the percent is at only 16 for Canadians. Such a mobility gap between America and other major developed countries is becoming more and more pressing in modern day society, and, as economist Isabel V. Sawhill famously said, “It’s becoming conventional wisdom that the U.S. does not have as much mobility as most other advanced countries” (qtd. in Deparle). Most Americans, at 59% and rising, are seeing the dreamlike vision of the American Dream through a mangled economy and see just what it is;

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