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Reply to "A massive income required to live the idealized american dream around here?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous] Owning a single family home (and all the upkeep that entails) Sending kids to college Saving enough so we can have a (hopefully) financially secure retirement one day Family vacations Two cars Making sure parents are taken care of [/quote] The American dream is that everyone can access a middle class lifestyle. A home of your own in a middle class community -- could be town house, or condo, or single family home depending on the cost of living and the make up of the community you live in. State college, maybe after 2 years of community college, probably living at home. A modest retirement One vacation a year, probably visiting grandparents, or maybe camping. A car, shared between the parents Parents living with you That's the "American Dream", and yes people are having trouble accessing it in today's economy, but you are not. You are coveting a rich lifestyle, which even the people who believe in the American Dream recognize is not accessible to everyone. [/quote] That’s not a dream - that’s getting by.[/quote] Depends who you ask. America is a country of strivers (lift yourself up by your bootstraps and all) which means that naturally the goalposts for achieving "the dream" change as people build wealth. But a huge percentage of the population would sleep well at night if they had the security implied by everything named above. Remember, the classic American dream homes, Levittown white picket fence houses, were 1000 square feet, with two bedrooms and one bathroom. [/quote]
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