Shrinking Middle Class Analysis

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1) Watch: The Shrinking Middle Class: Coping with Loss and Defining the Middle Class (summarize, what 's your opinion?) Studies show that 85% of respondents would agree that it is harder to live in the middle class today than it was in the past. Family income for the entire middle class has been gradually dropping since 1950s all the way to present time. In order to fix this economic problem according to the opinions of Mark Levine, a Pacifica Radio Host, is to raise the taxes on the rich instead of making the poor pay more. On the other hand, Mike Lane, of Intelephant Strategies, wants energy independence that creates jobs both in energy creation and in manufacturing and also citizens to support small businesses. My opinion is that I agree…show more content…
In summary, the majority of Americans believe it is harder to achieve the “American Dream” than it was a decade ago, working fewer hours shows improvement in quality life, sharing practices lowers environmental impact, builds community, and helps save money. The majority also feels both the way we live produces too much waste and overconsumption are the main reasons for global environmental problems, and commercialism and advertising has been…show more content…
To me, the American Dream is defined as having a successful career and family as well as the obtainment of the First Amendment. I believe my path to achieving the American Dream is going well because I do not have to worry about paying bills, gas, insurance, jobs, food, laundry, or anything money related thanks to my parents. All I have to worry about is my education and relationships (Barely though because nobody hates me, hopefully). I know what you are thinking Dr. Wood, I am a spoiled child, but I do try my best to not spend anything I do not need and my parents are strict about what I can and cannot have. Moving on, I do believe after my 2nd year of college that there will be obstacles to overcome and the American Dream will be farther and farther away as I age. The obstacles would be things like finding a balance of time to study and hang with my family and friends, finding a job and a love interest, knowing how to cook, and pretty much everything that first year college students are experiencing. 5) What is your typology? What does your typology say about the American Dream do you think? (summarize, what 's your opinion?) I am a Business Conservative who is generally a traditional small-government Republican. My typology says about the American Dream says that the dream can be easily achievable if business and corporations work together to eliminate poverty. Like how Bill Gates said in “How
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