THE AMERICAN DREAM 🇺🇸 IS NO LONGER ATTAINABLE?

less than 1m read

·Nov 7, 2024

So many young Americans feel that the American dream is unattainable. You've got to remember these young people, this cohort of individuals, men and women, never lived in a time of rising interest rates or inflation. Obviously, these are great cycles, but for 30 years, rates have been going down.

So, affordability of housing, which is the number one issue, when you get married, you want to start a family, and you're in your mid-20s, you look at housing. And obviously, there's been a ground shift for them because mortgages are no longer three and a half or 4%. They're more like seven or eight. So they've doubled in a matter of months.

That's number one. Number two, they've never lived through a period where protein or eggs or food goods went up 20, 30, 40% since the beginning of the pandemic.

Hi, Mr. Wonderful here! And I am small business. Does your company qualify for the employee retention credit? Find out at WonderTrust.com. Educate yourself with a live expert at WonderTrust now, because the ERC program is going to end soon.

When Should You Trust Your Gut?

Revolving vs installment credit | Loans and debt | Financial literacy | Khan Academy

View All

Lecture: Biblical Series IV: Adam and Eve: Self-Consciousness, Evil, and Death

Hello everyone, so hopefully, we’re going to get past Genesis 1 today. That’s the theory. So I finished my new book yesterday. Yes, that’s taken about three years of writing. It’s quite a long time to write something, so yeah, it’s done except for the mop…

Evolution of group behavior | Mechanisms of evolution | High school biology | Khan Academy

In our journey studying evolution and natural selection, we often index on individual organisms. If we look at a species or population of a certain species, we’ve talked about how there could be variation in that population, which I will depict by these c…

What makes a hero? - Matthew Winkler

Translator: Andrea McDonough Reviewer: Bedirhan Cinar What do Harry Potter, Katniss Everdeen, and Frodo all have in common with the heroes of ancient myths? (Roar) What if I told you they are all variants of the same hero? Do you believe that? Joseph Cam…

Equilibrium price and quantity from changes in both supply and demand

[Instructor] Now in these bottom four, let’s think about the situation where both of the curves might move. So let’s first imagine a scenario where supply goes up and demand goes down. So once again, maybe a major producer is entering into the market. Sup…

Shouldn't We Just Copy Warren Buffett's Portfolio?

I could not come up with these ideas on my own. I came up with this idea from Warren and Charlie, and I copied it. So, one of the most important models that you can adopt is the model of cloning. When you see someone doing something smart, uh, just incorp…

Geometric random variables introduction | Random variables | AP Statistics | Khan Academy

So, I have two different random variables here, and what I want to do is think about what type of random variables they are. So, this first random variable X is equal to the number of sixes after 12 rolls of a fair die. Well, this looks pretty much like …

THE AMERICAN DREAM 🇺🇸 IS NO LONGER ATTAINABLE?

More Articles