To me the American Dream was it didn’t matter what social class you were born into you could move up. Everyone had access to education, and if someone worked hard they could achieve their goals.
The American dream was primarily about opportunity to in my opinion. Other countries, especially when our country was in it’s beginning stages, had much stricter class systems, and didn’t have the premise that all people are created equal. Not that we lived up to our equality mantra well in the past, but still
our founders wrote that down as our ideals.
Moreover, the dream had to do with a large middle class, and being able to live in a safe place, and a comfortable lifestyle. Part of it has to do with a stable economy and being able to buy on credit. I know many Latin Americans and they are fascinated at how America is full of new cars and people can buy a house with such a huge mortgage.
People still come to America for opportunity. There is no question there are still countries that provide very little opportunity to it’s average citizens. We still are a country that takes in a lot of immigration. It’s also true that in the last 50 years, more countries have equality and opportunity too.
The dream is more difficult now. It’s like a wave to me. We have times where lots of people are able to catch the wave, and then times when lots of people are drowning. I think still, for the most part, hard work pays off. However, I think we are on a trend of overworking labor, too much unemployment, and low wages. We’ve been through trends like this before.
I think needing a double income for a family is part of what hurt our lifestyle and I’m not sure if it’s the chicken or the egg? Did more and more double income families drive up some prices, because the market could bear it? Or, did high prices make it necessary for more women to work. The biggies like home prices, cars, electronics, and medical expenses stand out to me.