Quote · The Rest Is Politics: US
200. Trump’s Immigration Crackdown Will Backfire
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The American Dream Is Fading: Polling the 250th Birthday
At 24:26 · chapter starts 22:45
The second half of the episode opens with Katty Kay presenting a portrait of national disillusionment befitting the 250th birthday. The peak of belief in the American dream was the 1950s and '60s; it fell off a cliff in 2008 and has never recovered [1] — Katty Kay "On America's 250th birthday, only 51% of adults believe the American dream still holds for them. Belief peaked in the 1950s and '60s, crate…" 22:10 . Today, only 51% of adults believe it still holds for them. The Pew Research data [2] — Anthony Scaramucci "Pew Research's 250th anniversary snapshot of America is brutal: only 29% are satisfied with the country's direction, 19% think the Founders…" 25:00 is no cheerier: 29% of US adults are satisfied with the country's direction, 69% are not; only 19% think the Founding Fathers would be pleased, 77% say they would be disappointed. A Fox News word-association poll found two-thirds of Americans reaching for words like 'failing,' 'divided,' 'struggling,' and 'corrupt.' Yet 81% still want to live in America. Katty Kay adds that the shrinking-middle-class story is better understood as growth at both extremes — a larger working class and a larger upper class — squeezing the middle out. She notes the extraordinary and ironic statistic that there is now more social mobility in the UK than in the US. Scaramucci reveals the top 20% control 87% of America's wealth, and attributes the structural distortion to the Citizens United feedback loop between the ultra-wealthy and elected politicians.
Today only 51% of American adults think the American dream still holds for them, a dramatic decline from the optimism of the 1950s and '60s.
Pew Research's 250th anniversary snapshot of America is brutal: only 29% are satisfied with the country's direction, 19% think the Founders would be pleased, and two-thirds reach for negative words when asked to describe the US. Yet 81% still want to live here.
A Pew Research poll found only 29% of US adults are satisfied with how the country is going, with 69% unsatisfied.
Only 19% of Americans think the signers of the Declaration of Independence would be pleased by how the US has turned out; 77% say they would be disappointed.
A Fox News word-association poll found two-thirds of Americans chose negative words — failing, divided, struggling, corrupt — to describe the United States today.
Despite widespread pessimism, 81% of American voters say they still want to live in the United States.
The top 20% of Americans control 87% of the country's wealth, illustrating the extreme concentration of capital driving middle-class decline.
The top 20% of Americans control 87% of the country's wealth. Scaramucci argues this isn't the result of hard work — it's a feedback loop between the ultra-rich and government, fuelled by Citizens United money buying politicians who then deliver tax cuts and corporate welfare.
