Big Featured Discussions | November 16, 2011 | 9 comments

Why are people losing confidence in the American Dream?

A new Wells Fargo survey found that many Americans don't expect to retire until they are 80. A lack of retirement savings is the main reason, but it's also a sign of the times. Another survey by Yahoo Finance found that more than 40 percent of Americans feel the American Dream is out of reach.

Why are people losing confidence in the American Dream?

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9 comments // Why are people losing confidence in the American Dream?

  • paplanner
    • 0
      paplanner  
    • Because they have figured out that the global economy is a big crapshoot with hundreds of trillions of unsecured debt floating around the world just waiting to land in some fools lap to take the hit. If its the taxpayers again its gonna get bloody.

    • 1 year ago
  • bethinor
    • 0
      bethinor  
    • I think it's a grotesque failure of governance that Americans now expect their work-life to extend beyond their actual lifetimes. Average life expectancy in the U.S. is 77.9 years. http://www.cdc.gov/nchs/fastats/lifexpec.htm

      We'd better create a new employer base fast, because the private sector just dumped millions of workers regardless of age. Doubt they'll be hiring any 72 year olds at home or abroad.

      If there is little benefit to living and contributing as a group to society, then expect demands for change. The drive to improve the whole group's life and living conditions is sign of healthy minds and human nature.

      I think our people are ready to create some new industries and new ways of defining and creating work. Instead of begging the old rape, pillage, and burn industries to return, we're ready for sustainable, humane, and creative industries. Cooperatives, staffed and funded human services, secure retirement so the young can start their work and family lives is a healthy and predictable order in society. What we have now is chaotic and sick.

      OWS embodies the canaries in the coal mine- and the mining companies (entrenched special interests) are snuffing them out so the miners (us) can't see the fatal consequences of continuing to dig.

    • 1 year ago
  • PressCore
    • 0
      PressCore  
    • http://Current.com

      I blogged an article posted by Revelation 1217 yesterday. 35 reasons
      why you should be angry that the industrial might of the USA is being
      exported abroad, ( something to that effect ). It talks about what most
      already know of-that China has replaced the USA in producing most
      products. But it also talks of an alarming trend: That the USA is also
      hemorrhaging factory & middle class jobs like there's no tomorrow.
      ( I apologize to Current.com community members for the choice of
      words ) There've been too many jobs exported abroad by Corporatist
      globalists without patriotism, seeking excessive profits, creating slave
      labor sweat shops throughout Asia. And what's this trend producing ?
      There aren't any longer enough American jobs to supply to the demand
      of a growing American population. That this trend has diminished the
      wages of Americans by 25% after inflation, as it's kept wages flat for
      over 40 years now. Nobama's Jobs Council has exported 10,000 jobs
      to Asia too. From Reagan to Bush to Clinton to Bush to Nobama,
      Americans have voted in Corporatist Golbalist assholes advocating
      " Free Trade " instead of " Fair Trade " Now we see the con that is.

      Polls show over 41% of the American people have lost faith in the
      once glorified American dream, whatever that was. This evil trend
      hasn't caused the average Chinese citizen to yell horray either.
      Between 300-400,000 Chinese afre forced to live & eat & work
      in cramped conditions to survive to produce Walmart's bonanza of
      cheap products. They commit suicide by jumping off buildings at an
      alarming rate. All so that the 1% can light their cigars with the money
      they've stolen from Americans for decades by shorting a living wage.
      The Corporatists have bought so many G people, convincing them
      they're part of the 1%. And that Government is merely another of the
      busineses they own. Even the nature of our money, since 1965, has
      been a Ponzi Scheme shell game. That has everything to do with it.
      The nature of money forms the underpinning of every aspect of our
      economy. That's why people have lost confidence in the American
      dream. They see the devastating effects of economic warfare waged
      against the people themselves by Corporatist parasites who seek to
      bleed us dry, then move on to their new conquests. They see the
      Government the 99% voted for sell them out to represent the 1%.
      They see corruption everywhere, as the sheeple yawn. Can you
      blame them for loosing confidence ? If we had the kind of system
      requiring a vote of confidence before they could proceed perhaps
      things would be different. I can't say. But until people in Congress
      start advocating for the OWS protest movement, make the needed
      reforms, we can look forward to the USA sinking under the waves.

    • 1 year ago
  • remanns
  • mgosr
  • Steamed_N_More
    • +1
      Steamed_N_More  
    • The loss of confidence is attributed to people realizing that following this "carrot on a stick" which is labeled by others as what your desires must be and what sacrifices you must make to achieve it. The falsehood is that resources have no limits, and we unknowingly pull the economical cart to the "driver's destination". In truth, reality sets in for us when the key word "Dream" is taken in context.

    • 1 year ago
  • remanns
  • JanforGore
    • +2
      JanforGore  
    • And just what is the definition of "American" Dream?" A huge mansion? Fancy vacations? Being a fake celebrity? I think the definition has changed with the times and needs to be edited because dreams are global. My definition of the human dream is to work for a world where no child goes hungry. A world where all have access to clean water. A world where our environment is respected. A world where there are no wars. A world where all have opportunity to make a decent living to provide for those they love. A world where money is secondary to humanity. I have not lost faith in any of that. It is exactly why I fight.

    • 1 year ago
  • TwinCvANiLLAsPiLLA
    • -2
      TwinCvANiLLAsPiLLA  
    • We lose confidence in the American Dream Because the Fed is owned by the Rothschild banking cartel.. Lucifer is a fallen angel (the god of death) satin..and these people in power have all sold their soul to the devil..it's sick

    • 1 year ago
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