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Most US adults giving up on ‘American dream’ – poll | |
(about 4 hours later) | |
Only around 27% of people still believe that success can be attained in their country through hard work | |
Only around one-fourth of US adults believe that the ‘American dream’ of being able to succeed through hard work still holds true, down by nearly a half from when the same question was asked in 2010, a new poll has revealed. | |
The ABC News/Ipsos survey released on Monday found that just 27% of Americans still believe in the American dream, defined as: “If you work hard, you’ll get ahead.” This compares with 50% when the same poll was conducted 13 years ago, in the aftermath of the global financial crisis. | |
While 52% of US adults believe the American dream “once held true but does not anymore,” up from 43% in 2010, those who say it “never held true” more than quadrupled, to 18% from 4%. That dim view was most prevalent among black people, 32% of whom believe the American dream was never true, up from 11% in the previous poll. Just 21% of black people still believe in the opportunity to prosper through a strong work ethic. | |
The bleak results come at a time when Americans are growing increasingly pessimistic about the outlook for their country. A poll released in November showed that 76% of US adults believe the nation is heading in the “wrong direction.” Respondents cited the economy and inflation as their top concerns. | The bleak results come at a time when Americans are growing increasingly pessimistic about the outlook for their country. A poll released in November showed that 76% of US adults believe the nation is heading in the “wrong direction.” Respondents cited the economy and inflation as their top concerns. |
The discouraged populace may bode poorly for US President Joe Biden as he seeks reelection later this year. Just 33% of Americans approve of Biden’s job performance, according to another poll conducted earlier this month, the lowest rating for any US president since at least 2008. | The discouraged populace may bode poorly for US President Joe Biden as he seeks reelection later this year. Just 33% of Americans approve of Biden’s job performance, according to another poll conducted earlier this month, the lowest rating for any US president since at least 2008. |
Waning confidence in the American dream is especially prevalent among young adults. Just 21% of US adults under age 30 believe the dream still holds true, down from 56% in 2010, the latest survey shows. By contrast, 41% of Americans 65 and older still believe in the American dream, down from 53% previously. | |
Only 18% of US adults with household incomes below $50,000 a year still believe they can become prosperous by working hard. But even among those making more than $100,000 a year, just one in three respondents still believes in the American dream. | Only 18% of US adults with household incomes below $50,000 a year still believe they can become prosperous by working hard. But even among those making more than $100,000 a year, just one in three respondents still believes in the American dream. |