The Fleeting American Dream

The American Dream is a concept that's had a rough go for the past few years. A new survey shows that nearly two-thirds of Americans don't think that dream can become reality.

The study was conducted by Xavier University, and it found that 60% of the 1,022 respondents think it's harder today to achieve the American Dream than it was for their parents. Nearly 70% think it will be even harder for the next generation.

"The poll was conducted Feb. 14-21 by Fairbank, Maslin, Maullin, Metz & Associates (FM3) for Xavier's Institute for Politics and the American Dream, reaching respondents over 18 years old via land lines and cell phones. Margin of error was +/-3.1 percent. Xavier plans to release a similar poll every year--today's was the first.

Even as people think it's getting harder to achieve the dream, Xavier found, they still believe--more or less--that it's possible with hard work: 35 percent said the American dream is "entirely" dependent on hard work, while 53 percent said it's roughly an even mix of hard work and good luck/circumstances. And 67 percent think they can achieve it in their lifetimes."

Full Story: American Dream in Decline?

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