While 53% say the American Dream remains possible, another 41% believe the life of relative economic security the notion once conjured up is now out of reach, the survey of 8,709 U.S. adults found. That divide roughly held regardless of race, ethnicity, partisanship and education of respondents, the nonpartisan think tank found.
The findings may illustrate wishful thinking on the part of some respondents, depending on how one calculates what it takes to be living the American Dream. An analysis late last year from financial site Investopedia found that the American Dream costs about $3.4 million to achieve over the course of a lifetime, from getting married to saving for retirement.
That estimate would put the dream out of reach for most folks, given that the median lifetime earnings for the typical U.S. worker stands at $1.7 million, according to researchers at Georgetown University.
I don’t even know what people think “the American dream” means anymore.
When I was a kid, it meant a house and two cars and a family of four, which, yes, is unachievable by even most of the people who actually want that, but that doesn’t seem to be what people mean anymore.
And really, since that isn’t achievable by so many, we are in much bigger trouble than that 53% thinks. Unless by ‘possible,’ they mean ‘a small number of people can still afford a house.’
The poll seems to define the American dream as “the idea that anyone can get ahead through hard work and determination,” which is one of the vaguer things I’ve read today.
Trying not to take it literally (there’s no way “anyone” can get ahead…) and responding to the general spirit of the idea:
Anecdotally speaking, I’m very fortunate to have a well-paid, air-conditioned job and own my own house not in the middle of nowhere. Even though I like to imagine much of that was due to hard work in school and not bombing interviews, I reckon it must be at least 90% due to what skin color I am, where I was born, how my family dynamic was growing up, how much money my parents made, and if I had an “in” at a potential job (i.e. a connection or friend there). And that 90% out-of-my-ass statistic is probably conservative. It’s an ugly truth that I think not many people want to admit to themselves, especially those in my demographic. I know whatever options I have will be more easily attained by someone in my situation, versus others out there. It’s a no-brainer.
That said, everything that makes up my relatively fortunate individual life still does not feel like it adds up to any sort of dream, simply because I live in the context of those around me, those in my community, and those who could not possibly get close to “the American dream” no matter how much they try. I cannot isolate my life from others in some sort of bubble. It feels to me as if the American dream should act as a kind of AND logic gate; until everyone can realize the American dream, no one can.
So, with the way things work here, I’d say it’s impossible and never was possible at any point in time. The American dream is not based in any kind of reality and is just a tool used by the ruling class to keep our heads down.
Damn. Well said.
"But there’s a reason. There’s a reason. There’s a reason for this, there’s a reason education sucks, and it’s the same reason that it will never, ever, ever be fixed. It’s never gonna get any better. Don’t look for it. Be happy with what you got.
Because the owners of this country don’t want that. I’m talking about the real owners now, the real owners, the big wealthy business interests that control things and make all the important decisions. Forget the politicians. The politicians are put there to give you the idea that you have freedom of choice. You don’t. You have no choice. You have owners. They own you. They own everything. They own all the important land. They own and control the corporations. They’ve long since bought and paid for the senate, the congress, the state houses, the city halls, they got the judges in their back pockets and they own all the big media companies so they control just about all of the news and information you get to hear. They got you by the balls. They spend billions of dollars every year lobbying, lobbying, to get what they want. Well, we know what they want. They want more for themselves and less for everybody else, but I’ll tell you what they don’t want: They don’t want a population of citizens capable of critical thinking. They don’t want well informed, well educated people capable of critical thinking. They’re not interested in that. That doesn’t help them. Thats against their interests. Thats right. They don’t want people who are smart enough to sit around a kitchen table to figure out how badly they’re getting fucked by a system that threw them overboard 30 fucking years ago. They don’t want that. You know what they want? They want obedient workers.
Obedient workers. People who are just smart enough to run the machines and do the paperwork, and just dumb enough to passively accept all these increasingly shittier jobs with the lower pay, the longer hours, the reduced benefits, the end of overtime and the vanishing pension that disappears the minute you go to collect it, and now they’re coming for your Social Security money. They want your retirement money. They want it back so they can give it to their criminal friends on Wall Street, and you know something? They’ll get it. They’ll get it all from you, sooner or later, 'cause they own this fucking place. It’s a big club, and you ain’t in it. You and I are not in the big club. And by the way, it’s the same big club they use to beat you over the head with all day long when they tell you what to believe. All day long beating you over the head in their media telling you what to believe, what to think and what to buy. The table is tilted folks. The game is rigged, and nobody seems to notice, nobody seems to care. Good honest hard-working people – white collar, blue collar, it doesn’t matter what color shirt you have on – good honest hard-working people continue – these are people of modest means – continue to elect these rich cocksuckers who don’t give a fuck about them. They don’t give a fuck about you. They don’t give a fuck about you. They don’t care about you at all – at all – at all.
And nobody seems to notice, nobody seems to care. That’s what the owners count on; the fact that Americans will probably remain willfully ignorant of the big red, white and blue dick that’s being jammed up their assholes everyday. Because the owners of this country know the truth: it’s called the American Dream, because you have to be asleep to believe it.”
―George Carlin, 20 years ago
Incredible how relevant every word is today
Some call him a prophet, but I think he’d have preferred to have been called perceptive.
$3.4M is too low of an estimate. If you assume someone works from age 18 to 65, that’s 47 years of employment at an average of $72,300-ish per year. Now assume time for college, plus people make less early on in their careers. You’re looking at a $100k income.
$100k is probably enough to support a mortgage, two kids, insurance, essentials, bills, and retirement savings in some LCOL areas, but not in many places. In many parts of the US, that might cover a modest house and monthly bills, but there won’t be much left over; forget retirement.
My old brain still looks at a 6-figure income as “you’re rich.” In 2024, you’re not even close.
lol, it should be 90-10 not
Alternative headline: 53% are ignorant, naïve as FUCK or both. Probably both.
Nightmares are dreams.
Remember the last election our current president ran on a campaign promise to raise the minimum wage and then later during his presidency threatened the rail workers with their livelihoods when they were striking worker’s rights?
BOTH parties have actively kept the citizens down amazing no third party has support
almost like the US cannot fathom a world without geriatric leaders putting the people in their proper places
The Rs and Ds have rigged the system so third party candidates are all but impossible to elect.
