Americans Don't Believe in the American Dream

Americans Don't Believe in the American Dream
By Joshua Holland, AlterNet. Posted October 12, 2007

The American Dream is Dead, gone along with the era of good union jobs, comprehensive employer benefits and real upward mobility, and most working people are fully aware of the fact.

That's the takeaway from the latest installment of the American Dream Survey, a study of working Americans' views of the political-economy released in late September.

It paints a picture of an increasingly frustrated working majority who are having a harder time raising their families than the generation before them did, and who believe that things will be even worse for their kids. They have reason to believe it -- a 30-year assault on organized labor, neglected minimum wage increases, fewer educational opportunities and the constant tide of pro-business propaganda being pumped out by right-wing think tanks and business roundtables that enforces the idea that working people are faceless "inputs" -- costs that need to be controlled -- have left Americans with far less social mobility than they had a generation ago. Contrary to common belief, Americans have less opportunity to move up the economic ladder than Canadians and Western Europeans (except for those in the UK).

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By Joshua Holland, AlterNet. Posted October 12, 2007