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.

General multiplication rule example: dependent events | Probability & combinatorics

Partial derivative of a parametric surface, part 2

View All

I'm Atoms (Scientific Cover of Jason Mraz's I'm Yours)

Well, an atom’s made of protons, neutrons, and electrons. The first two in the nucleus, the third around it. It’s mostly empty space, but it feels solid in any case. The elements are all the different types of atoms; they differ by the number of protons i…

Impactful Things To Copy From Successful People

If you were to copy just a few things from successful people, the things that have the most impact in your life, what would those things be? Well, this is exactly what we’re talking about in this video: the most impactful things you can copy from highly s…

What feels like play to you, but looks like work to others?

I think for everybody there is something that they do that other people think is work but is effortless for them. Their friends will basically say to them, “Oh, I can’t believe you can just do that without hating it.” Everyone’s got something like that, a…

United by Ping Pong, These Players Find Community in a New York Park | Short Film Showcase

I was actually walking by one day. I look over and I see ping pong balls in the air. I said, “Wow, tables!” Sometimes you come out of work and there you have the tables. Then, like your buddies, they’re waiting for you to come and get the spits out. I tak…

15 LUXURY TECH Products Actually Worth The Money

Not all tech is worth the precious metal its chip is made up, so it’s a good idea to cut through the hype and get to the facts on whether your new luxury tech is actually worth a big spend. We’ve done some souping into some of the hottest luxury tech and …

How To Turn $25,000 Into A Substantial Return In Real Estate | FT. Scott McGillivray

If you’re an investor and you’re trying to save for retirement, you would put about 50% into stocks and 50% into bonds. But we’re in a very dislocated story about fixed income now. I’ve taken my commercial real estate position from 31% of my portfolio—tha…

THE AMERICAN DREAM 🇺🇸 IS NO LONGER ATTAINABLE?

More Articles