Income Inequality Impairs The American Dream

Superior Essays
Dreams are known as a pleasant series of thoughts, images, and sensations occurring in a person 's mind during sleep. But what about the dreams people have when they are wide awake? Those “dreams” are known as a person’s hopes of achieving something they set their mind to. In the United States history, dreams were a big part of how the country became what it is today. In the past, people did not question the existence of an American dream as much as they do now. It was easier for someone to prosper and get what they wanted in the past whenever the government was not as controlling as it is now. In the article, “The Freedom to Dream,” the speaker, former Massachusetts governor Mitt Romney, states that ‘“some of America 's greatest success stories …show more content…
The economic problems with some people are another reason. For instance, entrepreneur and venture capitalist, Nick Hanauer, from the debate “Income Inequality Impairs the American Dream of Upward Mobility: A Debate” clarifies that “over the last 40 years, the percent of profits that American corporations generate as a percentage of GDP has gone from 6% to 12%” and “at the same time, the percent of GDP devoted to labor has gone from 52% to 42%.” Since the rich companies with the educated people are making more money, the people who work for them are the ones who are either earning the same or earning less money. As the economic ladder moves further apart, some argue that opportunities to achieve the American dream of upward mobility could disappear. Hanauer adds that as “the rich grow richer … the wages of the middle class and the poor hardly grow at all.” For some people, it is hard to maintain a family or a certain way of life. In the article, “What happened to the American dream?” Ben Carson suggests that “as the national debt continues to grow, the government [should] … learn how to spend and cut responsibly to protect the financial futures of American citizens.” With the economy in trouble, some see the American dream as something impossible to attain or even imagine.
After analyzing the aspects of racial inequality and the economic problems of the American dream, we may still have trouble
…show more content…
The United States is a highly attractive destination for millions of people around the world seeking to immigrate to another country to live and work for a life that is much better than the one they had from wherever they came from. The following are two testimonies of immigrants who came to the United State with nothing but a dream to prosper. In the interview article, "Immigrants Hope Their 'American Dream ' Isn 't Fading," from NPR News, Michel Martin interviews Nick Injow, who was born in Nairobi, Kenya and has lived in the United States for 10 years. He came to this land to experience all the opportunities he was told about since he was a baby but could make happen because of where he lived. Injow tells Martin how he became an accountant, but still had trouble finding a stable job for many years, until one day he decided to be his own boss and now has successfully been self-contracting for about six years. Injow is a great example of how immigrants can find the American dream by continuing to work for what they want no matter the obstacles. Another life story of an immigrant who realized his American dream is told by Jan Jarboe Russell in the article, “Hispanic Immigration Does Not Threaten to Divide America,” where Alfonso Tomita, a Mexican citizen who had nothing and began to build his future in San Antonio in 1995 is introduced. Russell includes how Tomita was poor and

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