American Dream Middle Class Essay

899 Words4 Pages

Many americans are not able to become rich or even middle class in this day and age. Many Americans aren't given the opportunity to make money and save to the point of becoming rich or middle class. The American Dream is not achievable due to the racist, classist, and sexist views, perspectives and actions of Americans in society today. The American Dream is not achievable due to racism and segregation that play a heavy influence in living the American dream. Natalie Moore writer of The South Side says “In Chicago, black people always do the best with what they have, and so we see high rates of homeownership in a number of communities on the South Side. We see strong neighborhoods, but even if you’re doing the right thing, if you’re in a black neighborhood or in any neighborhood that’s 10 percent black, your home value …show more content…

“The nation's middle class, long a pillar of the U.S. economy and foundation of the American dream, has shrunk to the point where it no longer constitutes the majority of the adult population, according to a new major study” (Lee). This is showing that the American dream opportunity as a whole is shrinking. This is due to there becoming a shrinking amount of people who are middle. The Census Bureau says “41.5% of americans brought home between 35,000 and $100,000 in the year 2015” (Lee). It is still shrinking daily. Some may say that it is true that middle class isn't bringing much in but it due to the stock market crash in 2009 but it has been growing since then. However this is not true. Middle class families are shrinking to the lower class and poverty line America. Brookings Institution defined this group as “including those with income between 100 and 250% of the federal poverty level, or between $18,871 and $47,177 for a family of three, according to the current numbers”. These reason are why middle class Americans no longer are the foundation of the American