The American Dream Still Alive - Essay Example

Download file to see previous pages The nature of job loss in the United States during the recession was so uneven that it worsened the income inequality trends. In addition, it expanded the gap between the wealthy class and the rest of the American population. In a recent statement by the Organization for Economic Cooperation and Development (OCED), they claimed that the income inequality structure in the United States was a threat to their long-term socio-economic strength and development (David, 2012). OCED further argued that the education system in the country was not effective in assisting children to realize their full potential. This was so because the government’s expenditure directed at less fortunate students was quite minimal. The question people are asking is whether the American dream is alive or dead. Based on this brief overview, this paper will focus on defending the position of whether the dream to achieve better success from old to near generation is realizable. Based on this view, a thoughtful and critical evaluation will be done on the impacts of socioeconomic trends that the country has experienced in the past, particularly, on the economic well-being of individuals and families in the United States (David, 2012).
1.2 Is American Dream to improve individuals' and families' economic well-being still alive?
In answering the above question, the study will examine a range of data that address issues of wage, quality of life, and community well-being. However, data that were released from various economic sources showed that things are not at all well meaning that serious challenges are affecting the realization of improved living standards from one generation to the next (Lawrence, Jared, and Heidi, 2009).

1.3 Thesis Statement
With regards to the brief overview, the thesis statement for this paper is: “The American Dream of each generation doing better than the previous generation is DEAD. The faults of capitalism, overconsumption, adverse economic trends, and government policies have contributed to the demise of the dream. ...Download file to see next pages Read More