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The american dream dead alive or on hold pdf

04/01/2021 Client: saad24vbs Deadline: 12 Hours

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Aiwei Lin


English 1A


Ms Robledo


12/12/16


Income Inequality is Killing Our American Dream


​In the definition of the American Dream by American writer and historian James


Truslow Adams in 1931, "life should be better and richer and fuller for everyone, with


opportunity for each according to ability or achievement." The American Dream is


the national spirit of the United State. It is the desire of people to chase success and


prosperity in life. In people’s mind, the American Dream represents an ideal life that


they want to achieve. However, many people do not trust in the American Dream


anymore. What they believe is actually reasoanable: United State used to be regarded


as a land full of opportunities, and the American Dream emphasized the point that


everyone can be successful through hard work. The reality is that many people are


working in minium wage jobs, struggling to make a living. Besides, a lot of people can


hardly find a job. Nevertheless, the American Dream is still achieveable and the main


obstacle that blocks people’s way to achieve it is the rising income inequality.


​In the essay, “The American Dream: Dead, Alive, or On Hold?” Brandon King


claims that nowadays many people believe that the American Dream is dead, which


means it is imposible for people to achieve it. However, King does not think so. He


thinks that the American Dream still works in this society. “To many, the most


worrisome problem is inequality: that wealth is concentrated into the hands of a rich


minority”(King 612). He points out that the unequal distribution of wealth in this


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nation has became a more serious issue for people. Wealth inequality makes people


vacillate faith to chase their American Dream. According to the author’s opinion, the


American Dream is being more and more eroded in our society and it is now facing


the test of time. “The rules for achieving the American Dream may no longer be


taught and supported by culture, but that doesn’t mean that they don’t work.” (King


614). Although it is tough for people to achieve their American Dream, the author


still gives credit to the idea that people can one day earn the life they want by


working hard. I agree with King’s idea. The American Dream is not dead; it is just on


hold. However, if people want to make their dream come true, there are some


problems that need to be solved.


In order to achieve the American Dream, the main problem that people need to


solve is wealth inequality. Moreover, the major factor that leads to wealth inequality


is income inequality. Throughout much of modern history, income inequality have


been rising at insane speed, and the situation is likely to continue. Income inequality


is like wealth accumulation: “Ultimately, we could end up with a society in which the


rich separate themselves from everyone else, perpetuating their wealth from one


generation to the next, as nobility of past centuries did. (Leonhardt 543). Although


the economy of the United States is growing, society seems to be moving backward.


According to the statistics, American’s top 10 percent now earn an average nearly 9


times as much as the bottom 90 percent. What’s even more terrible is that the top 1


percent earn even more. The average they earn is over 38 times more than the


bottom 90 percent. In other words, most of the wealth of the United States is owned


by the top 1 percent of persons. Due this unhealthy social condition, many people are


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struggling to make a living. As a result, they begin to look forward to a more stable


life instead of taking risk to chase their American Dream.


Many economists argue that income inequality is one of the disadvantages of


capitalism. In fact, they are narrowly correct. “Capitalism has been doing the exactly


what it was designed to do: concentrating wealth in the ownership class, while


providing the mass of workers with just enough wages to feed, house and clothe


themselves” (McClelland 553). Income inequality also gives people a more limited


access to opportunity and other resources such as education, housing amd nutrition,


which is not only for people themselves but also for their next generation as well. For


example, in 2016, the average minimum wage in the state of California around 10


dollars per hour, and ​a two-bedroom apartment in Oakland now costs about $1350


to $1500 per month. Los Angles also has an average two-bedroom rent of $2,000 per


month. If a worker earns minimum wage for 40 hours per week, then what he earns


per month can barely support him to make a living in Oakland, and he can hardly


survive in Los Angels. At the same time that low income households are struggling to


survive in minimum wage, many people cannot even find a job that can support


them. The low minimum wage and high unemployment rate cause income inequality


to be a more massive issue, which takes people far away from their American Dream.


Income inequality is a natural part of the capitalist economy, but that doesn’t


mean it is inevitable. There are many ways that can help reduce the effects of income


inequality. For instance, government can tax rich people more or increase the budget


on welfare. However, it only works in the short term, which is not enough to change


the predicament. If we want an effective way to solve this problem, education may be


the solution. “When a society becomes more educated, many of its less-wealthy


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citizens quickly acquire an ephemeral but nonetheless crucial form of


capital--knowledge-- that can bring enormous returns” (Leonhardt 546). Education


has a powerful impact on a person, especially poor people, because getting more


education means to be more competitive. Being more competitive means people are


more likely to be employed. “The great income gains for the American middle class


and poor in the mid-to-late 20th century came after this country made high school


universal and turned itself into the most educated nation in the world.”(Leonhardt


546). Countries that have done a better job imporving their education gain a lot more


on returns, since the 21th century is a human-capital century. Education has a


profound and lasting effect not only for individuals but also for the whole nation. It is


important to improve the education of the United States to help overcome the


obstacle that blocks people’s way to their American Dream.


Perhaps the issue of wealth inequality can’t be solved rapidly and people will still


have a long distance to their American Dream. That does not mean the American


Dream is imposible to achieve. People should be hopeful for their future instead of


giving up faith and feeling hopeless. The American Dream never dies, it just fades


away.


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King, Brandon. “The American Dream: Dead, Alive, or On Hold? ” ​They Say I Say


with readings​ . 3rd ed. Gerald Graff,et. Al. New York: Norton, 2015. 610-617.


Print.


Leonhardt, David. “Inequality Has Been Going on Forever…but That Doesn’t Mean


It’s Inevitable ” ​They Say I Say with readings​ . 3rd ed. Gerald Graff,et. Al. New


York: Norton, 2015. 542-548. Print.


McClelland, Edward. “RIP, the Middle Class:1946-2013” ​They Say I Say with


readings​ . 3rd ed. Gerald Graff,et. Al. New York: Norton, 2015. 549-560. Print.

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