Contemporary Manifestation of the American Dream in 2010

In the heart of New York City, Belinda Cooper, an adjunct professor at New York University's Center for Global Affairs, is delving deep into the complexities of the American Dream. A co-founder of the Citizenship and Security Program at the World Policy Institute and a Senior Fellow at the World Policy Institute, Cooper's expertise lies in understanding the intricacies of social mobility in the United States.

The latest economic crisis has left many Americans questioning their ability to achieve or maintain middle-class status. The economic downturn of the past few years has had a significant impact, with the income gap widening since at least the 1980s. Outsourcing and the cost of higher education have made it difficult for lower income classes to improve their status, leading to a sense of unease about the future.

The American Dream, a historical concept of self-betterment that resonates deeply in the United States, seems to be slipping away. Minorities have found their progress stalling, and the economic hardships have disproportionately affected them.

Yet, despite these challenges, immigrants continue to find opportunities in the US, demonstrating resilience and determination in the face of economic or political hardship. This is a testament to the enduring appeal of the American Dream, a beacon of hope for many around the world.

Interestingly, Americans generally view government with suspicion and rely on individual effort. However, government entitlements such as Social Security, Medicare, and veterans' benefits are widely accepted, indicating a nuanced relationship with government intervention.

Obama's policies may have helped restore faith in the American Dream, but they have not been able to stem the tide of changing perceptions in the short run. As the United States enters a new era with Donald Trump beginning his second term as the 47th president on January 20, 2025, the future of the American Dream remains uncertain.

Cooper's work continues to shed light on these issues, offering insights into the challenges and opportunities that lie ahead for social mobility in the United States. Her research provides a valuable perspective, helping us navigate the complexities of the American Dream in the 21st century.