The classic definition of the American Dream to the Americans is that it is possible to start out poor in the United States, work hard and become rich. American attitudes about the American Dream during the Great Recession of 2009 compared to other times were more active. 72 percents of Americans believed in the idea and 44 percent of Americans said they had actually achieved the American Dream. Americans’ definition of American Dream is shifting from material success to abstract values, such as freedom and opportunity during the Great Recession as well.
The wealth distribution in the United State is very uneven, the top twenty percent of the population charge more wealth than the sum of the rest eighty percent of population. The rich men own a huge amount of money while the poor are compete with each other for the very little amount of remaining wealth.
According to the Gatsby Curve, in the United State from 1985 to 2010 the relationship between the economical mobility and income distribution becomes stronger and stronger. Rich people become richer and poor people always poor. More and more wealth controlled by the top percent of people. The people on the top rage keep provide good education and opportunities to their younger generation which cause the inequality among Americans much more serious as time goes on. Also the graph shows that the countries have good social welfare such as, Finland, Denmark, Norway and Sweden, do not have the unequal income distribution problem and the economic mobility is good too. This condition can also indicate that the social welfare in the United States was not good enough as well.
The wealth distribution in the United State is very uneven, the top twenty percent of the population charge more wealth than the sum of the rest eighty percent of population. The rich men own a huge amount of money while the poor are compete with each other for the very little amount of remaining wealth.
According to the Gatsby Curve, in the United State from 1985 to 2010 the relationship between the economical mobility and income distribution becomes stronger and stronger. Rich people become richer and poor people always poor. More and more wealth controlled by the top percent of people. The people on the top rage keep provide good education and opportunities to their younger generation which cause the inequality among Americans much more serious as time goes on. Also the graph shows that the countries have good social welfare such as, Finland, Denmark, Norway and Sweden, do not have the unequal income distribution problem and the economic mobility is good too. This condition can also indicate that the social welfare in the United States was not good enough as well.