The American dream

Mar 04, 2010 2 Replies

Thought this might be interesting and germane, something to define and plan or set goals for: the American dream. There are two views posted below, to satisfy the politically minded, and many other articles available from each of these two sources.



formatting link
formatting link
The BLS tables of consumer expenditures include income data. The upper three quintiles mostly have more income than expenses (average). Not to be too cynical, but it might seem that to some these days, just being solvent is an achievement. Several (most) articles define the original "American dream," but note the variability of definitions from individual to individual.



I liked the above article in particular. It is my kind of religion, though with some good practical suggestions, too. It is one of the best 'applied philosophy' works I have read in awhile.

Elle, I liked the statistics in the other one, but values are very important, including "saving" as opposed to "consuming." The title to the article linked below is

43% have less than 10k for retirement

formatting link
Paraphrasing from it: Apparently 60% of retirement costs will be covered by pensions and social security, but the solution many are opting for is extending their work years. Not a great article, but some hopefully straight data.

Join the Discussion

Have something to add? Share your thoughts — no account required.

Didn't find your answer?

Ask the community — no account required