The_American_Dream

The United States of America is worldwide known as “the land of opportunities”; Americans are proud of their economic system and believe it provides opportunities to all citizens to have high-quality lives. Their faith is blurred, perhaps, by the fact that poverty persists in many parts of the country. In their article “Inequality and the American Dream”, publishers from the London magazine The Economist argue how America’s economic has become more unequal and complex in society and the reasons why this country needs another rupture of realistic idealism. This essay will analyze the conditions according to the publishers of The Economist must be met in order for inequality not to be naturally wrong as many people have argued. The publishers of The Economist in this article contrast the feelings of Americans toward the economy in this country versus president’s Bush boasting back in 2006. “` This economy is powerful, productive, and prosperous”` (The economist 317); whereas “Only one in four Americans believes the economy is in good shape” (The Economist 317). The contrast between these articles are relevant because in a certain point people from middle class who feel squeezed with the economy will not agree with this assertion, nor politicians who fear that today having a college degree is not necessary to reach a well paid job. For most people who happened to lose their jobs or thousands losing their homes may be contrasting as well since they do not live what they hear or perceive from other perspectives. Two important things the author does to support their claim are giving significant illustrations on how America’s economy has become unequal among population and referring some conditions they must be met for economy to be solid and light in the country. In this article the economist asserts that “the flip of America’s economic dynamism is that it has become more unequal-but in more complex way than first appears” (The Economist 318). The authors figure out who or what is responsible for rising inequality. Globalization is perhaps one of the most significant factors; and changes in technology which has minimized the demand of labor in favor of workers with higher education. “Inequality is not inherently wrong-as long as three conditions are met”, The Economist points out, “first society as a whole is getting richer; second, there is a safety net for the very poor; and third, everybody, regardless of class, race, creed or sex, has an opportunity to climb up through the system” (319). Society at most,