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The United States has been epitomized as a land of opportunity, where hard work and skill can bring personal success and economic well-being. The American Dream has captured the imagination of people from all walks of life, and to many, it represents the heart and soul of the country. But there is another, darker side to the bargain that America strikes with its people -- it is the price we pay for our individual pursuit of the American Dream. That price can be found in the economic hardship present in the lives of millions of Americans. In Chasing the American Dream, leading social scientists Mark Robert Rank, Thomas A. Hirschl, and Kirk A. Foster provide a new and innovative look into a curious dynamic -- the tension between the promise of economic opportunities and rewards and the amount of turmoil that Americans encounter in their quest for those rewards. The authors explore questions such as: -What percentage of Americans achieve affluence, and how much income mobility do we actually have? -Are most Americans able to own a home, and at what age? -How is it that nearly 80 percent of us will experience significant economic insecurity at some point between ages 25 and 60? -How can access to the American Dream be increased? Combining personal interviews with dozens of Americans and a longitudinal study covering 40 years of income data, the authors tell the story of the American Dream and reveal a number of surprises. The risk of economic vulnerability has increased substantially over the past four decades, and the American Dream is becoming harder to reach and harder to keep. Yet for most Americans, the Dream lies not in wealth, but in economic security, pursuing one's passions, and looking toward the future. Chasing the American Dream provides us with a new understanding into the dynamics that shape our fortunes and a deeper insight into the importance of the American Dream for the future of the country.
As a child growing up in Malaysia, Shing Yin Khor had two very different ideas of what “America” meant. The first looked a lot like Hollywood, full of beautiful people and sunlight and freeways. The second looked more like The Grapes of Wrath - a nightmare landscape filled with impoverished people, broken-down cars, barren landscapes, and broken dreams. Those contrasting ideas have stuck with Shing ever since, even now that she lives and works in LA. The American Dream? A Journey on Route 66 is Shing’s attempt to find what she can of both of these Americas on a solo journey (small adventure-dog included) across the entire expanse of that iconic road, beginning in Santa Monica and ending up Chicago. And what begins as a road trip ends up as something more like a pilgrimage in search of an American landscape that seems forever shifting, forever out of place.
Young Black Americans have been trying to realize the promise of the American Dream for centuries and coping with the reality of its limitations for just as long. Now, a new generation is pursuing success, happiness, and freedom -- on their own terms. In It Was All a Dream, Reniqua Allen tells the stories of Black millennials searching for a better future in spite of racist policies that have closed off traditional versions of success. Many watched their parents and grandparents play by the rules, only to sink deeper and deeper into debt. They witnessed their elders fight to escape cycles of oppression for more promising prospects, largely to no avail. Today, in this post-Obama era, they face a critical turning point. Interweaving her own experience with those of young Black Americans in cities and towns from New York to Los Angeles and Bluefield, West Virginia to Chicago, Allen shares surprising stories of hope and ingenuity. Instead of accepting downward mobility, Black millennials are flipping the script and rejecting White America's standards. Whether it means moving away from cities and heading South, hustling in the entertainment industry, challenging ideas about gender and sexuality, or building activist networks, they are determined to forge their own path. Compassionate and deeply reported, It Was All a Dream is a celebration of a generation's doggedness against all odds, as they fight for a country in which their dreams can become a reality.
Pulitzer Prize winner Hedrick Smith’s new book is an extraordinary achievement, an eye-opening account of how, over the past four decades, the American Dream has been dismantled and we became two Americas. In his bestselling The Russians, Smith took millions of readers inside the Soviet Union. In The Power Game, he took us inside Washington’s corridors of power. Now Smith takes us across America to show how seismic changes, sparked by a sequence of landmark political and economic decisions, have transformed America. As only a veteran reporter can, Smith fits the puzzle together, starting with Lewis Powell’s provocative memo that triggered a political rebellion that dramatically altered the landscape of power from then until today. This is a book full of surprises and revelations—the accidental beginnings of the 401(k) plan, with disastrous economic consequences for many; the major policy changes that began under Jimmy Carter; how the New Economy disrupted America’s engine of shared prosperity, the “virtuous circle” of growth, and how America lost the title of “Land of Opportunity.” Smith documents the transfer of $6 trillion in middle-class wealth from homeowners to banks even before the housing boom went bust, and how the U.S. policy tilt favoring the rich is stunting America’s economic growth. This book is essential reading for all of us who want to understand America today, or why average Americans are struggling to keep afloat. Smith reveals how pivotal laws and policies were altered while the public wasn’t looking, how Congress often ignores public opinion, why moderate politicians got shoved to the sidelines, and how Wall Street often wins politically by hiring over 1,400 former government officials as lobbyists. Smith talks to a wide range of people, telling the stories of Americans high and low. From political leaders such as Bill Clinton, Newt Gingrich, and Martin Luther King, Jr., to CEOs such as Al Dunlap, Bob Galvin, and Andy Grove, to heartland Middle Americans such as airline mechanic Pat O’Neill, software systems manager Kristine Serrano, small businessman John Terboss, and subcontractor Eliseo Guardado, Smith puts a human face on how middle-class America and the American Dream have been undermined. This magnificent work of history and reportage is filled with the penetrating insights, provocative discoveries, and the great empathy of a master journalist. Finally, Smith offers ideas for restoring America’s great promise and reclaiming the American Dream. Praise for Who Stole the American Dream? “[A] sweeping, authoritative examination of the last four decades of the American economic experience.”—The Huffington Post “Some fine work has been done in explaining the mess we’re in. . . . But no book goes to the headwaters with the precision, detail and accessibility of Smith.”—The Seattle Times “Sweeping in scope . . . [Smith] posits some steps that could alleviate the problems of the United States.”—USA Today “Brilliant . . . [a] remarkably comprehensive and coherent analysis of and prescriptions for America’s contemporary economic malaise.”—Kirkus Reviews (starred review) “Smith enlivens his narrative with portraits of the people caught up in events, humanizing complex subjects often rendered sterile in economic analysis. . . . The human face of the story is inseparable from the history.”—Reuters
Faith, family, hard work, and second chances are at the core of every great American story, and Jenny Doan’s story is just that. In her new memoir, How to Stitch an American Dream, readers will discover the behind-the-scenes success story of the Missouri Star Quilt Company and Jenny’s remarkable journey to overcome hardship, claim the abundance of family, and ignite the power of giving—all while revitalizing a small town along the way. Over the last decade, the Doan family business, the Missouri Star Quilt Company in tiny Hamilton, Missouri, has grown from Jenny’s corner shop--with one quilting machine and two bolts of fabric for sale in the back--to become the largest supplier of pre-cut quilting fabric in the headquarters of Jenny’s world-famous YouTube tutorial videos. Jenny is now giving her fans, the business world, and moms of all ages (and grandmas too!) what they’ve been asking for: the full story of her journey, from her humble beginnings as a homeschooling mom, to founding MSQC in her fifties, through the remarkable success and inspiration she’s so well-known for today. In this book, you’ll learn: How she and her beloved husband, Ron, raised seven children on a shoestring budget— and had fun doing it; How, after a string of bad luck, the family made a prayer-based decision to leave California behind and start over again in rural Missouri, even though they had no place to live, no jobs lined up, and no idea how they were going to make it; How Jenny, Ron and their children worked side-by-side to patch together a family home out of a crumbling shell of a farmhouse; And how their faith, hard work, and generosity not only carried them through the hard times, but led directly to the success of the Missouri Star Quilt Company. How to Stitch an American Dream will make you laugh, cry, say “bless your heart.”
Brave, clear-eyed, and passionate, Stakes Is High is the book we need to guide us past crisis mode and through an uncertain future. The events of the past decade have forced us to reckon with who we are and who we want to be. We have been invested in a set of beliefs about our American identity: our exceptionalism, the inevitable rightness of our path, the promise that hard work and determination will carry us to freedom. But in Stakes Is High, Mychal Denzel Smith confronts the shortcomings of these stories -- and with the American Dream itself -- and calls on us to live up to the principles we profess but fail to realize. In a series of incisive essays, Smith exposes the stark contradictions at the heart of American life, holding all of us, individually and as a nation, to account. We've gotten used to looking away, but the fissures and casual violence of institutional oppression are ever-present. There is a future that is not as grim as our past. In this profound work, Smith helps us envision it with care, honesty, and imagination.
Senator Cory Booker (D-NJ) shares the story of his father's journey from poverty to middle-class prosperity, but says the bargain that helped his father and other workers achieve the American Dream is now broken. Sen. Booker reflects on the trends and practices contributing to stagnant wages in the United States, including a corporate culture that favors shareholder payouts over investments in workers; barriers to worker mobility, like non-compete clauses; and the “fissuring” of the workforce, as companies today are more likely to contract out labor to low-cost vendors rather than employ directly. Senator Booker calls for policies that will address these and related challenges, expand opportunity for all Americans, and restore the bargain for all who seek it.
On Saturday, Dan went down a law office located at San Gabriel with Mei. The female lawyer wearing a pair of glasses and was tall and slim, she handed them a few legal forms to sign, meantime the lawyer asked them, "Do you need to prepare a contract for provisions on how child and property will be handled after your divorce is settled?" They shook their heads and Mei echoed, "We don't have our own property in the United States, our daughter will be taken care by her father financially and I trust him. You don't need to write an agreement." Mei glanced at Dan after she ended her answer, Dan nodded. "Okay, your case is pretty simple, I believe your dissolution of marriage will be approved by the court quickly," said the lawyer. Soon they stood up to shake hand with the lawyer and then stepped out of the law office. Dan parked his car in the underground parking lot in the office building, Dan didn't press the button of underground parking lot but the button of the first floor lobby after they entered into the elevator. "You pressed the wrong button," Mei said and was reaching over to turn on the button of underground parking lot. Dan stopped her with his hand and echoed, "I didn't press the wrong button, I would like to show you to a place outside this building." "Where?" Mei asked. "When we get there, you will know, it is very close to this building." After they walked out the office building, they turned right on the local street. In a couple of minutes, they stopped in front of a small gray building with different business signage attached over square windows. Mei followed him, and they entered into the building and were heading to the very end of the hallway on the first floor. They stopped in front of the unit and the entry door attached a sign "Petrel Travel Agency." The door was left open, a couple of customers were seating there to talk with travel agents across them at the tables. "Why do you take me here?" Mei asked. Dan smiled and said, "Before you go back China, I want you to join a tour group to visit some sceneries in the East Coast." "No, I don't want to go, I'm not in a good mood to go." "Please face the reality, at least you don't have time to visit U.S. recent years once you go back China for your new position. Please take the last chance enjoying major scenic spots in the East Coast." Dan's repeated suggestions seemed to sway Mei, she checked the shelves by the wall, a number of tour brochures were lined on shelves. She skimmed different brochures but had no ideas where she should go. Dan had been checking these travel brochures carefully, he took each of these travel booklets to read its details. "This tour fits your schedule," Dan handed one brochure to Mei. "This is a 5 day tour to the East Coast, the tour starts in New York city next Monday and you will visit Washington DC, Philadelphia, Boston and Niagara Falls at Canada border. You will fly back LA next Friday." Mei's eyes turned to the booklet, "Let me see," she took the brochure from Dan's hand. Mei stared at the brochure for a few minutes and responded, "The tour looks good to fit my schedule." Dan relaxed and echoed, "All right, I'll book your tour now." When one customer just left, Dan stepped forward and sat on the chair opposite a middle-age female travel agent. Mei sat on the other chair next to him. The agent looked up and asked, "How may I help you, Sir?" Dan took the brochure out of Mei's hand and put it on the table, "Please help me book this tour." The agent caught the brochure and glanced at it, "Okay, I still have the vacancy for the tour. How many people join the tour?" "Just one, it's for my ---,"Dan's throat was stuck and felt he would almost say a wrong word. After the
#1 NEW YORK TIMES BESTSELLER • Barack Obama’s lucid vision of America’s place in the world and call for a new kind of politics that builds upon our shared understandings as Americans, based on his years in the Senate “In our lowdown, dispiriting era, Obama’s talent for proposing humane, sensible solutions with uplifting, elegant prose does fill one with hope.”—Michael Kazin, The Washington Post In July 2004, four years before his presidency, Barack Obama electrified the Democratic National Convention with an address that spoke to Americans across the political spectrum. One phrase in particular anchored itself in listeners’ minds, a reminder that for all the discord and struggle to be found in our history as a nation, we have always been guided by a dogged optimism in the future, or what Obama called “the audacity of hope.” The Audacity of Hope is Barack Obama’s call for a different brand of politics—a politics for those weary of bitter partisanship and alienated by the “endless clash of armies” we see in congress and on the campaign trail; a politics rooted in the faith, inclusiveness, and nobility of spirit at the heart of “our improbable experiment in democracy.” He explores those forces—from the fear of losing to the perpetual need to raise money to the power of the media—that can stifle even the best-intentioned politician. He also writes, with surprising intimacy and self-deprecating humor, about settling in as a senator, seeking to balance the demands of public service and family life, and his own deepening religious commitment. At the heart of this book is Barack Obama’s vision of how we can move beyond our divisions to tackle concrete problems. He examines the growing economic insecurity of American families, the racial and religious tensions within the body politic, and the transnational threats—from terrorism to pandemic—that gather beyond our shores. And he grapples with the role that faith plays in a democracy—where it is vital and where it must never intrude. Underlying his stories is a vigorous search for connection: the foundation for a radically hopeful political consensus. Only by returning to the principles that gave birth to our Constitution, Obama says, can Americans repair a political process that is broken, and restore to working order a government that has fallen dangerously out of touch with millions of ordinary Americans. Those Americans are out there, he writes—“waiting for Republicans and Democrats to catch up with them.”