Does The American Dream Still Exist?

Does the "American Dream" Still Exist? By definition, "American Dream" is the ideals of freedom, equality, and opportunity traditionally held to be available to every American. If one is willing to work hard, he or she can be successful and owns a prosperous life for his or her family. For the immigration people, the American dream is about establishing a better life and having the freedom to practice their belief that elsewhere may have been impossible. For those reasons, many people over the world are coming to the United States to achieve that dream. Nonetheless, American Dream today is unachievable than its historical origins.
Today, many aspects of the American Dream are far from the reach for most of Americans. According to Bob
Granting to the authors of They Say / I Say, "income for the wealthiest Americans has increased while the center and lower incomes have remained stagnant". Today, middle class incomes have stayed still and millions have not reached the so-called American Dream. A recent issue of The Economist captures how far the illusion has become a reality. Summarizing a series of works, the article shows that the gap is larger than was ever imagined and set forth to widen in the 1980s. From 1986 to 2012, the rise in incomes for the top 1% grew 3.4%, whereas for the bottom 90% the income growth was 0.7% (Economist 79). Even more alarming, the article notes, is soaring household debt, which was exacerbated during the recession in 2007 to 2009. The reality is increasing the riches concentrated in the hands of a few, and there is less wealth to be shared among the middle class. As home ownership becomes increasingly unaffordable as a result of rising personal debt, the American Dream is an aspiration for fewer families. Defining the corporate income and personal income tax codes is one way to redistribute the wealth of