With all this talk of wealth concentration and how the American Dream is no longer achievable, It occurred to me that we probably all have different definitions of the American Dream. I am reluctant to say this but I feel many of us have achieved it... Wikipedia says:
The American Dream is a national ethos of the United States, the set of ideals (Democracy, Rights, Liberty, Opportunity, and Equality) in which freedom includes the opportunity for prosperity and success, and an upward social mobility for the family and children, achieved through hard work in a society with few barriers. In the definition of the American Dream by James Truslow Adams in 1931, "life should be better and richer and fuller for everyone, with opportunity for each according to ability or achievement" regardless of social class or circumstances of birth.[1]
I characterize it by:
1. No debt
2. A home that's warm in winter and not stye-fully hot in summer.
3. A full belly
4. An interesting job
5. Kids that are doing well.
Sufficient means to assure likely stability in items #1 - #3.
It is troubling to think it is unachievable for some - I can't help but wonder if that is truly the case? Further I think what isn't said is that you need to work smart, hard and plan long term.
Sent from my iPad using Early Retirement Forum
The American Dream is a national ethos of the United States, the set of ideals (Democracy, Rights, Liberty, Opportunity, and Equality) in which freedom includes the opportunity for prosperity and success, and an upward social mobility for the family and children, achieved through hard work in a society with few barriers. In the definition of the American Dream by James Truslow Adams in 1931, "life should be better and richer and fuller for everyone, with opportunity for each according to ability or achievement" regardless of social class or circumstances of birth.[1]
I characterize it by:
1. No debt
2. A home that's warm in winter and not stye-fully hot in summer.
3. A full belly
4. An interesting job
5. Kids that are doing well.
Sufficient means to assure likely stability in items #1 - #3.
It is troubling to think it is unachievable for some - I can't help but wonder if that is truly the case? Further I think what isn't said is that you need to work smart, hard and plan long term.
Sent from my iPad using Early Retirement Forum
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