With a high unemployment rate, housing crises, increasing student debts, inflation, recession, wars, famine, high interest rates and all those factors that affect the economic mobility of many families both in America and all over the world threatening to wipe out the middle class, would we still say that the American Dream exist? Is it still achieveable or attainable?
Many people in developing nations will gladly move to the US even with the current issues the country is facing. For them security, food, shelter, and a low-playing job is enough for them. At least in the US, the unemployed are given some stipends to meet some of their basic needs. Living in most of these third-world nations is like staying in hell. In my country, the middle class is almost disappearing because the gap between the rich and poor keeps widening every day because of corruption. For me, the American dream exists because almost everyone I know that moved to the US from my country is not doing badly financially. America rewards hard work and if you are diligent, you will be financially stable.
Secondly every country in the world has some version of their American dream, if your country does, what is its version of the American dream and does it still exist? Is it still achievable or attainable?
For the poor in my country, the version of the American dream will be survival dream. If you have enough funds to pay for house rent, buy food, and clothing, and pay medical bills and school fees, you are living the American dream. Surviving in my country has become so expensive that only a few people can afford it.