Boo-freakin'-hoo, Suzie. The American Dream isn't dead. We've just been chasing the wrong dream for the last 15-20 years. And we're not through chasing it yet as we've raised our kids with a vast sense of entitlement that's going to be their downfall.The American dream is dead for the majority of America.” The dream she is referring to is not even a Cinderella story; it’s much more practical. Orman believes the hope of someday owning a home, of working one job for life and retiring at 65 has been crushed by the financial crisis. “The middle class has disappeared,” she continued. “We have a highway to poverty and no roads coming out. I fear for [those] who have been kicked out of their homes, could be living on the streets and don’t know how to get another job. Many of the millions of jobs lost I don’t think are coming back. I am really afraid for the majority of Americans today.”
Show me a young woman who gets an education (trade or college), lives at home with her parents a few years after college/school to save some money, and pairs up with a young man who does the same. Show me a couple, then, who gets married with a sensible wedding -- and after the wedding, saving for a few years before getting pregnant. GASP!!!! How about living off one income and saving the other one for a down payment on a home? A sensible home...not one to impress all your friends. Kids in one's late 20's that one parent actually stays home and raises? THAT dream isn't dead. It's just not the DREAM anymore.
The Dream is now one's choice of colleges and hefty student loans to have a four-year experience that means NOTHING. It's a new/newer car that never gets paid off for want of another new/newer car. It's a $25,000 wedding. It's a honeymoon to some far off exotic place. It's a McMansion bought in the boonies on fumes to impress one's friends. It's every toy at Best Buy right out of the box. It's eating out three nights a week. Who has time to cook when one has an hour's commute to get home?
No, the American Dream isn't dead. It's just not the same dream anymore. And the new one is as elusive as it is absurd.