Is the "American Dream" dead? Some look to greener pastures outside the US!

[Eagle-Keeper]

@Eagle-Keeper

@Samson_Corwell

The Anerican Dream was always about the freedom to live your life, not to build prosperity. If you what you seek to get out of living in America is wealth generation, then this isn’t the country for you.

The concept of the American Dream evolved into a notion of living certain type of lifestyle though; middleclass, married, single family home in the suburbs, white picket fence, two kids, two cars, vacations, etc. And there are many politicians who will happily promise this to the ignorant masses. The bottom line is that many people associate the American Dream as such and the hard reality, especially with the cost of living what it is, a person starting out today is in a much more difficult situation:

MSN

Here’s more about how people are feeling about this topic:

https://www.msn.com/en-us/money/news/how-americans-define-a-middle-class-lifestyle-and-why-they-can-t-reach-it/ar-BB1iksl7?ocid=msedgntp&pc=LCTS&cvid=dc5474c45fac4f669ae7f3959d7350dc&ei=267

https://www.msn.com/en-us/money/personalfinance/here-s-how-much-money-the-average-middle-class-american-household-makes-how-do-you-stack-up/ar-AA1oaH7c?ocid=msedgntp&pc=LCTS&cvid=294d4f30d81b4a5384cbf83a57ad52d4&ei=43

[SixFoot]

@Smyrna

@FlameHeart

Admittedly my parents taught me fiscal responsibility, too.

When I get a job my dad wants me to file for a Roth IRA and start saving. He told me to make sure to pay the highest interest debt first. Taught me how to shop at thrift stores.

My mom taught me how to use coupons. She became a smarter shopper as I grew up.

The basic standard for saving is to clearly define a want vs a need. Many find this simple concept…

…confusing.

Good luck on your life’s journey my young friend @FlameHeart

My grandma taught me to have a minimum savings that can cover the most expensive thing that could happen around here. Right now, that means a catastrophic failure of the well pump or the transmission in my wife’s Jeep going out. No need to charge a credit card.

The most important fiscal lesson she ever taught me:

“If you could afford to, would you buy this $800 TV right now?”

“Yes I actually need a new one! I only have a 13” TV at home and that one would be WAY better!"

“If ALL you had was $800, would you spend every last cent you had on this TV?”

“Well, no…”

“Then you clearly don’t need it in the first place!”

[Smyrna]

My father used to say that to identify a want vs a need…all you have to ask yourself is, “will I die if I don’t get it”? If the answer is yes, it’s a need.

[Auto129]

A boomer moved to Panama so her retirement would be more affordable. Now...

There will be lots of stories like this soon–where people don’t recognize that their skillsets are just a quirk of advanced civilization. All she can do for money is poke at an electronic box.

[WuWei]

@Eagle-Keeper

Few, if any, of these migrants showing up at the border will have any shot at living the “American Dream”

Is there only one “American Dream”?

[WuWei]

A lot of contradictions in that post.

[WuWei]

Horse racing is not a sport. It is abuse to feed an addiction.

[WuWei]

She’s low intelligence.

[Eagle-Keeper]

@WuWei

@Eagle-Keeper

Few, if any, of these migrants showing up at the border will have any shot at living the “American Dream”

Is there only one “American Dream”?

I’m in no way arguing that there’s some unequivocal or universal definition of the so-called “American Dream.” It’s an ideal which has become part of our psyche:

What Is The American Dream and How Much Does It Cost? – Forbes Advisor

[WuWei]

If this from your link is it, I’d say it is definitely achievable:

The term originates from the 1931 bestseller The Epic of America by author James Truslow Adams, in which he defines the term as “a dream of a better, richer and happier life for all our citizens of every rank.”

[DougBH]

@Imel

Jeez you guys put a man on the moon can’t you come together and figure it out

We did.

[Eagle-Keeper]

@WuWei

If this from your link is it, I’d say it is definitely achievable:

The term originates from the 1931 bestseller The Epic of America by author James Truslow Adams, in which he defines the term as “a dream of a better, richer and happier life for all our citizens of every rank.”

Also from the link:

the American Dream means you can enjoy a decent life of at least modest prosperity and security. In practical terms, that means a comfortable house, car and growing family.

You can add that in practical terms today that includes cell phones, flat screen TV, more than one car, etc. I would also add without relying on various forms of welfare.

In states like NJ, we are talking about a salary in the range of $200,000 per year.

[Eagle-Keeper]

@WuWei

If this from your link is it, I’d say it is definitely achievable:

The term originates from the 1931 bestseller The Epic of America by author James Truslow Adams, in which he defines the term as “a dream of a better, richer and happier life for all our citizens of every rank.”

Here’s another link regarding this:

https://www.msn.com/en-us/travel/news/discover-how-the-american-dream-has-really-changed-since-1940/ss-AA1sNKEw?ocid=msedgntp&cvid=4fa55e5a885844489b1a45e989108c5e&ei=40

[WuWei]

Don’t like it.

[Eagle-Keeper]

How about this one?

https://www.msn.com/en-us/money/realestate/why-the-american-dream-is-now-a-myth-10-factors-that-killed-it/ss-AA1tTl2G?ocid=msedgntp&pc=LCTS&cvid=f97297d4ecd2465698fd1ee1fe61adfd&ei=40#image=1

[WuWei]

Full of myths. Rosey Retrospective

[Imel]

It’s literally called the sport of kings, or didn’t you know.
Provides many jobs.
How bad do you think thoroughbred race horses are treated?
You are talking about gambling not horse racing.
One can gamble on anything.

[Oldandtired]

You would be surprised just what some thoroughbred races horses go through. The ones who flunk out have the privilege of riding on the killer truck at three four years old.
The ones who flunk out and are bought by people looking for an event horse have to go back to the beginning of training and learn how to be a horse.

[WuWei]

You’ve never been on or around a horse.

“Sport of kings”, yeah, that doesn’t say what you yhink it does. There’s a reason most of the world got rid of kings.

[RTchoke]

@WuWei

You’ve never been on or around a horse.

“Sport of kings”, yeah, that doesn’t say what you yhink it does. There’s a reason most of the world got rid of kings.

This one is usually wrong about most things.