Disillusioned and despair: Is the American Dream dead?

Downward mobility is now the new normal for most Americans

The American Dream that has existed in this country for over 50 years is on life support. For some Americans, it may already be dead.

While recent consumer confidence surveys indicate that Americans seem somewhat optimistic about the overall economy, most polls and studies show that we are anxious about our own economic futures.

Many Americans no longer seem to believe that they will ever be financially secure or stable. The belief that you can succeed financially with hard work and determination has been a core tenet of the American Dream. Now more