As recently as 2009, nearly 4 in 10 Americans felt that it was common for someone to start poor, work hard, and become rich. But by 2014, only 23 percent of Americans said that hard work alone is enough to achieve success,… – Talk Poverty
As many as 57% know that they aren’t ready for a financial emergency and about a third have no savings. Some parts of the economy are recovering, but Americans feel less secure, more unsure, and have rejected conventional wisdom because it isn’t working for them. The new dream is a hope for stability, to keep from sliding further rather than a dream of climbing higher.