I’m a little late with this survey from late May, but I couldn’t let it pass.
More than half of U.S. workers (74%) say the American Dream is unattainable, and nearly half (45%) are “bitter” about how the political system has “caused a deterioration of [their] economic circumstances,” according the survey.
That’s pretty bleak. The survey was conducted last month by Zogby International for The Marlin Company. (For the full release, click here.) The survey defines the American Dream as “the opportunity to have a nice home, financial security for you and your family, and hope for the future.”
Obviously the survey results should get the attention of politicians, as nearly all workers are feeling pressure from the faltering economy. But do politicians really hold ALL the power for most of us to achieve the American Dream?
I wonder if people are assuming lots about a “nice home” and “financial security.” Isn’t hard work also part of the American Dream?
David Brooks offered some provocative insights on our collective loss of financial inhibitions and lack of perspective in his NYT editorial the other day, “The Great Seduction.” I offer it as food for thought.
In addition, here are some good advice pieces on weathering economic uncertainty and ways to recession-proof your income.
