American Dream Alive Essay
Is the American Dream Dead, Alive, or on Hold? Some people have different perspectives on the American Dream, whether it’s dead, alive or on hold. The views of the American Dream can also fluctuate depending on the year you are viewing. In the article RIP the Middle Class, by Edward McClelland he explains during the 1960’s people didn’t need to have much background in the manufacturing field in able to find a job and Gary Galipeau can support this idea by stating, “In those days, you could fill out an application and get an interview the same day.” Jump ahead ten years to the 70’s and not much has changed with finding a job. McClelland states, “It was easy for any high school graduate to get a job on an assembly line and make more income than …show more content…
Edward McClelland believes the American Dream is on hold because the middle class is shrinking and it’s not from capitalism, but from the failing government. It seems like Presidents Nixon, Carter, and Reagan were actually hurting the middle class whether it be from Nixon’s answer to inflation, Carter’s leverage against unions, or Reagan’s low prices of employment or even the firing of workers on strike. In 1982, when Ronald Reagan was in office, the unemployment rate was at a rate of 10.8 percent. This high percentage rate shows no hope for the middle class to get back on their feet. To help get a better picture of what it looked like, McClelland compared the declining of workers in unions and the middle class income, and says that they fit on the same axis. This can support that fact that that the middle class was not living the American Dream and that they can’t depend on the market to help them. That was until George Bush and Barack Obama came around and started helping the middle class get back on their feet. They helped by giving money to the big businesses in need. For example, Bush gave money to Wall Street to help with the bail and Barack Obama helped by getting General Motors through bankruptcy and passing the Affordable Care
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963 Words | 4 PagesThe essay Inequality Undermines Democracy by Eduardo Porter discusses the income gap in today’s world. The first main point Porter describes how Americans are not concerned with the income gap even though it is wider than other developed countries. The United States government has expressed little concern over this issue as well since they have done little to anything to restrain the trend. I believe this has caused opportunities across classes to shrink and the middle class does not exist anymore. I would consider my family a working middle class and I hear my family talking about how the middle class has diminished and it is either the rich or the poor.
Confronting Inequality Summary
933 Words | 4 PagesThe rich are able to run an economy on their own, as they do not need a government to support them or hold their hand like the poor do. This leaves the lower class almost lost in a society as rich are able to succeed in life, as the poor struggle to find a job to bring home food. Krugman also states that rich are more likely to go to college and graduate, compared to the poor. This prompts the middle class to buy a house in a good school district, even if it is out of their price range. At the time, Krugman says that health care and repealing the Bush tax cuts would allow the United States to, “use the revenue to pay for more benefits that help lower-and middle-income families.”
Shrinking Middle Class Myth Analysis
434 Words | 2 PagesThe stalk market crash along with the Great Depression both affected the beginning of the middle class myth. People argue about non educated people or people who work at fast food restaurants make more than educated people. The middle class does not just mess with our money because all of our money has to do with our nation's economy so if the nation's economy isn't doing good then we all know the money that is being made in our household won't do any good. In our economy the commodity that builds our economy is our resouces,discussing a wider range of perspectives some argue about not living in the right condition. Some who might live in the city might have to pay more rather than someone who lives in the country or vice versa.
Mccarthyism Vs Mccarthyism
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Socio-Economic Effects Of Reaganomics
697 Words | 3 PagesIn a speech by Corretta Scott King he gives statistics on the matters of low income households. He states, “Despite repeated denials from the president himself, [Reagan] administration cuts have been targeted to families of moderate and low income. . . . Half of American families—those with incomes of less than $20,000 a year—have suffered 70 percent of President Reagan's budget cuts. . . . many Americans are no better off today than they were four years ago because Reagan's “unfair policies” have curtailed their freedom” (Scott King 1985).
American Dream Alive Essay
869 Words | 4 PagesThe American Dream is the idea that anybody can become successful in America. Many people argue whether or not it is a realistic expectation to live up to, but I believe that the American Dream is very much alive because of the internet, the opportunities that are accessible to almost everyone, and the people that are living proof of it. The internet has played a significant role in keeping the American Dream alive. With its vast reach and accessibility, the internet has provided countless opportunities for individuals to pursue their dreams and achieve success.
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Essay On The American Dream Is Still Alive
1630 Words | 7 PagesThe American Dream is still alive and available to everyone today, although it is different for everyone. The American Dream is what each individual believes it to be and does not have a set definition, it is whatever the person believes it to be and it still possible for everyone. America still provides access to opportunity for everyone from the people who are born in poverty to the people that are born into wealth. While lately there has been much debate over whether the American Dream is still alive and well and many people believe that it is dead, there are considerable proof and evidence that the American Dream is developing and thriving. First of all, in the American Constitution, it states “that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty, and the pursuit of Happiness.
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