The Economic Mobility: Is The American Dream Alive And Well?

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The Reality of the American Dream
The American Dream should come with a warning sign stating, “may not be suitable to all due to racial injustice and income inequality.” In the Declaration of Independence, Thomas Jefferson points out that all men are created equal, with unalienable rights to Life, Liberty and the Pursuit of Happiness (1). However, America today is still facing many challenges for most Americans to reach their American Dream. To illustrate let’s examine chapter 1 of “Defining Racism” by Beverly Tatum and “The Economic Mobility Report: Is the American Dream Alive and Well” by Isabel Sawhill and John E. Morton, we see how these texts provide evidence of this crisis in society today.
In “Defining Racism” Tatum, argues how
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Morton, they suggest that economic mobility in the United Stated has gone down in the last thirty years. They also mention that there has been a drop in the median household income. In addition, studies also suggest United States is the less mobile society then other nations specifically, Canada, France, Germany and most Scandinavian countries. Regardless, of these finding of inequality is the platform for opportunity, economic mobility remains intact. Furthermore, the report goes on to show how intergenerational mobility can influence children income spectrum examples, of absolute mobility the rising or falling dynamic that carry everyone in one direction likewise to relative mobility the dynamic that allows individuals to raise or lower their position. It’s believed that hard work and talent bring rewards, and that our society should provide equality of opportunity however, it’s not a guaranteed (2). This can be seen in income inequality which has been widening for the last three decades, to illustrate inequalities look at the findings between CEOs and their employees, in 1978 through 2005, CEO pay increased from thirty-five to almost two hundred and sixty-two times of the average worker. In fact, a CEO made more in an hour then that of a minimum- wage worker made in a month. As a result, of these two texts let’s analyze how discrimination is a part of everyday life for …show more content…
We must start to put an end to these issues, and that starts with ourselves and families (Tatum). We need to insure we educate our children how to look pass skin color as well as other who may or may not be less fortunate than we are Tatum indicates that “We teach what we are taught” (125). Furthermore, education is the key part in fighting this crisis that we find America in today. If we can educate ourselves and recognize the different races and cultural backgrounds that surround us in America, for who they are people with history, we can learn so much from our fellow neighbors. We can choose not to acknowledge passive racism jokes as well as state, how we feel regarding passive racism to whom ever if offending us, use that moment to educate them, they may not even know what passive racism is. In addition to being educate not just in racial injustice but as well in having an education will help one move up in the economic ladder for example, getting a college educate and graduating one will have a greater opportunity to make high income then someone who did not finish school. In fact, having better job options not only lead to better income but as well as being able to afford and have health insurance. In addition to having a college education mean a better future for your family where you can afford to save money as well help you children in supporting their American Dream.

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