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| Version 3 | Version 4 |
|---|---|
| Reviving the American Dream | Reviving the American Dream |
| (32 minutes later) | |
| Many Americans have come to see the political system as rigged. They worry that grass-roots political movements are powerless to overcome entrenched interests, whether those interests are self-serving politicians, large employers or dominant social media platforms. And I understand why this cynicism exists. | Many Americans have come to see the political system as rigged. They worry that grass-roots political movements are powerless to overcome entrenched interests, whether those interests are self-serving politicians, large employers or dominant social media platforms. And I understand why this cynicism exists. |
| For most Americans, progress has slowed to a crawl in recent decades. Income and wealth inequality have both soared. The top 1 percent have pulled away from everyone else, while working-class Americans often struggle to afford the best health care and homes in good school districts. | For most Americans, progress has slowed to a crawl in recent decades. Income and wealth inequality have both soared. The top 1 percent have pulled away from everyone else, while working-class Americans often struggle to afford the best health care and homes in good school districts. |
| The clearest sign of our problems is this statistic: In 1980, the U.S. had a typical life expectancy for an affluent country. Today, we have the lowest such life expectancy, worse than those of Britain, France, Germany, Canada, Japan or South Korea, as well as some less rich countries, like China or Chile. The main reason is the stagnation of life expectancy for working-class people. | The clearest sign of our problems is this statistic: In 1980, the U.S. had a typical life expectancy for an affluent country. Today, we have the lowest such life expectancy, worse than those of Britain, France, Germany, Canada, Japan or South Korea, as well as some less rich countries, like China or Chile. The main reason is the stagnation of life expectancy for working-class people. |
| For nearly a half-century, our economy has failed to deliver on the basic promise of the American dream — that living standards meaningfully improve over time for most citizens. | |
| These themes will probably sound familiar to regular readers of this newsletter. The Morning often covers them because I believe that they shape so many parts of American life, including our polarized politics and angry national dialogue. I have just written a book — my first, called “Ours Was the Shining Future: The Story of the American Dream” — that tries to explain how we got here. |