Key Findings

  • Most Americans, regardless of race, income, or education believe that they have either achieved the American Dream or are on their way to achieving it.
  • The Covid-19 pandemic has negatively affected Americans’ perception of the American Dream, with many believing it’s further out of reach. However, very few believe it is completely out of reach.
  • Most Americans regard living better and fuller lives—rather than simply becoming rich—as essential in achieving the American Dream.
  • Most Americans, and especially blacks, believe they have more opportunities than their parents.
  • For most Americans, ensuring people have a fair chance to succeed and reducing poverty are more important than reducing income inequality.

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Gonzalo Schwarz is President and CEO at the Archbridge Institute. Gonzalo focuses on researching and writing about the American Dream, social mobility, the economics of human flourishing, economic development, and entrepreneurship. He is the author of the institute’s "American Dream Snapshot” and editor of two publications focused on social mobility in Europe and Latin America. Gonzalo has an M.A. in economics from George Mason University and a B.A. in economics from the Catholic University of Bolivia. You can follow his Substack, "Living the Dream," where he writes about the American Dream.

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