“Is the American Dream Dead? Discover 15 Shocking Reasons It’s Slipping Through Our Fingers!”
8. Cost of Living
Daily living in America is getting expensive; from groceries to fuel, everything is affected by inflation. With this alarming rise in expenses, the middle and lower classes are the hardest affected, compelling them to work extra hours to make ends meet, putting a full stop to the American dream.
9. Political Polarization
The nation is divided between Republicans and Democrats. Everyone’s picking a side; when watching the news, it can feel like there is no room for people who want to find common ground and address issues affecting the American Dream.
When we have different views and beliefs or see each other as the enemy, working together toward creating a fairer nation for everyone can be challenging.
10. Declining Social Mobility
Contrary to the American Dream’s basis, social mobility (moving from lower to middle class or middle to upper class) has declined in recent years. Data reveals that those born in 1980 have only a 45% chance of earning more than their parents at age 30. This figure was 93% for those born in the 1940s.
11. Healthcare Crisis
Gone are the days when a regular insurance premium meant peace of mind. Now, Americans can’t even afford to get ill (or they might lose it all). And it’s not just the uninsured who worry about medical bills anymore. Even those with coverage experience delays in critical care or discover certain services aren’t covered, which affects their quality of life and bottom line.
