What say the people of America, and their dream. Is it alive, dead, real, fake? America, there’s a plethora of overt opportunities that can be accomplished. Examples of this American Dream are, Owning your own home, decent job, family and/or career. Enough money in the bank to be comfortable. But, there are many people that don’t live this luxury. The state of this current economy is in grave danger, looking back now to the great recession of 2007-2008 we had a multitude of foreclosures and the amount of homeowners dropped drastically. The U.S. labor market lost 8.4 million jobs, or 6.1% of all payroll employment. (great-recession, paragraph 1) and the percent of Americans with poverty went from 2007 to 2011 climbed 6% from 9% to 15% of the total population of American people. (U.S. Census Bureau, 2007 and 2011) Then there are the people who are barely above that rigid line of poverty. Furthermore, it has been quoted that the income necessary to live the American is $130K a year.(U.S.A. today, paragraph 6). …show more content…
Most people can’t get ahead financially, The stay-at-home parent is a thing of the past, The rich are more debt-free; others have no choice, Student debt is crushing a generation of non-wealthy Americans, Vacations aren’t for the likes of regular people anymore, medical care is increasingly unaffordable for most people, Americans can no longer look forward to a secure retirement. (Eskow, headings 1-7.) yet there’s more, 56 percent of all the housing units in America are owned by the people who live in them.(mona, paragraph 1.) It’s become more and more overt to the people that the American Dream just isn’t there