America has built itself around status, which has created competition and fueled the consumerism crisis. Today, millions of Americans are drowning in debt as a result of their financial choices. When you put this burden into perspective it comes down to two decisions: what you need and what you want. However, the lake of personal debt that millions of Americans are swimming will be entirely erased if they simply …show more content…
This is beneficial to Americans who want to live the American Dream because they can be independent. In other words, if the U.S was a communist nation there would be nothing to strive for. Individuals want to achieve the American Dream because they know it 's a possibility. Capitalism keeps the American Dream alive by allowing Americans to have ambition. Yet, many individuals blame the government for their failure to succeed independently. This is because some Americans feel that the government has been irresponsible in its actions of lending money. For the government lends money to irresponsible Americans which has become a financial scam. This scam appeals to the government’s greed as seen in the failed housing market of