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Finding ones purpose in life the real meaning of the american dream

What is the American Dream in 2016? By Sean Bryant January 26, 2016 — 11: Throughout the years, some say with a heavy push from the government to buy more housesthat dream changed to a house in the suburbs, a white picket fence, 2.

The idea was that you could have this quaint little family, a well-paying job, and life would be good. That dream brings about images of a 1950s style suburbia—something that has long since gone away.

The American Dream is still alive as we head into 2016. But it has changed dramatically. So much that it can hardly be called the American Dream anymore. Student Debt Worries Over the past half a century, college graduation rates have spiked.

The American Dream in Modern Society

More people are going to college than ever before, and more people are graduating from college than ever before. Despite the fact that the majority of these students are earning degrees from non-profit, state-run schools, that education is costing significantly more than ever before.

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A good rule of thumb is to take the general inflation, and double it to get the inflation rate of a college education. What all of this means is that students are spending a lot more on their education, and they are coming out of school and into the real world with far more debt than they can handle. The American Dream has shifted from having a job that paid the bills, to having a job that pays the student loan.

Employment Woes After a student graduates, and realizes they need to get a well-paying job just to pay back their student loansthey are faced with a challenging and tumultuous job market.

  1. Could your relationships be deeper, more rewarding, and more meaningful? Instead, just lean into it, bit by bit.
  2. In other words, work is required, but suffering is not. On Friday, May 1, 1931, James Truslow Adams, a popular historian, was putting the final touches on the preface to his latest book.
  3. Seeking out meaningful and virtuous activities is what gives us an enduring sense of well-being—it generates happiness in a way that the actual pursuit of happiness cannot. In the mid-1950s, an era often associated with the American Dream, the majority of Americans carried health insurance.
  4. The American Dream was fulfilled by getting one of these jobs which essentially secured your home in the suburbs with a wife and a dog. The difference is that after earning a degree, many young graduates want to jump right into the white collar jobs.

Back when the American Dream was developed, there were two distinct types of workers: While the white collar workers have always earned a little more on averagethe blue collar workers still made a decent living.

Today, there is still that divide between blue collar and white collar workers. The difference is that after earning a degree, many young graduates want to jump right into the white collar jobs. The biggest difference is that there is an enormous pay disparity.

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Healthcare Worries When the American Dream was first mentioned by Adams, health insurance was still a brand new concept. Before that time, health care costs were a lot lower, but all spent out of pocket. In the mid-1950s, an era often associated with the American Dream, the majority of Americans carried health insurance. That insurance helped to offset the bills that many Americans faced, but it didn't eliminate the burden completely. Despite the affordability provided by insurance, healthcare costs still increased at a much faster rate than inflation, but how much faster?

At the average wage for that time, it would take 118 hours of work to cover healthcare expenses roughly 15 days worth of work.

What is the American Dream in 2016?

Based on the average wage for that year, it would take 467 hours to cover healthcare expenses roughly 58 days. Americans are now spending much more of their income on healthcare costs — working for nearly a quarter of a year just to pay those expenses.

The American Dream has come to include a job that has benefits to help pay those costs. Retirement Worries For many decades, if you worked for a company for your entire career, they would reward you with a pension.

As people were living longer than ever, companies saw they were having trouble keeping up with those payments. So it is now all upon the workers to provide for their own retirement, pay their own healthcare expenses, pay off their own debt, and somehow still be able to live a fulfilling life.

Is owning a home still essential to the American Dream?

The American Dream has come to include a job that has a good retirement plan. The Bottom Line 50 or 60 years ago, if you went to college, you could expect to land a job that paid well, took care of expenses, guaranteed a secure retirement, and provided all that you needed.

The American Dream was fulfilled by getting one of these jobs which essentially secured your home in the suburbs with a wife and a dog. Instead, it focuses on eliminating worries rather than providing comforts. The American Dream still exists, but it has taken on a new form.