Dan Jira
Dr. Padmore Agbemabiese
English 1020: 80623
28 November 2018
From the Utopian Illusion to the Dystopian Reality: Exploring the Uncertainty of the Present State of the American Dream
When I was younger, my family would often make trips down to Geauga Lake amusement park. It was one of the largest amusement parks in the world, and as a child, it was the highlight of every summer. Although I was never a fan of the roller coasters, or most of the rides, for that matter, I still loved the atmosphere. The foods, the smells, the people, the excitement, and the seemingly endless amounts of fun we had. When the park closed down in 2007, it was hard for me, as a ten year old, to understand why, as it had always seemed so pristine and perfect. It wasn’t until some of my friends and I, freed by the acquisition of our driving licenses, returned to the site of the park in 2016 to take pictures to extend our urb-exing (Urban Exploration) photo albums. The 9 years between the last person through the gate, and us climbing over the fences had been enough for nature to start to reclaim what was initially hers. Although surrounded by rusting and almost terrifying abandoned structures, when I closed my eyes, I could still smell the food, and hear the excited screams of patrons on the many rides. The park’s tagline for the years I remember was always “Two great parks for the price of one!” touting their waterpark pass being included in the ticket price for the amusement park. However, as much as I loved Geauga Lake, I always remember it being nothing more than mediocre, especially when comparing it to Cedar Point, which was about the same distance away. It wasn’t until I started writing this essay that all of these memories came flooding back to me, and I believe there is a very good reason for that. The land of the “American Dream” may indeed have once been the crown jewel of destinations, however today, with more and more economical troubles, and political instability, this once great land of opportunity is nothing more than a soon to be defunct amusement park with a tagline from its spectacular past.
For the longest time, and to some extent today, the United States of America was considered the “Promised Land” for people around the globe. A new land of opportunity and freedoms that their own countries failed to provide. Most of them spent their last dollars getting a passport, visa, and ticket to the new world. Travelling from all over the globe, they descended on the realization of their dreams. The immigration numbers, for many years, were staggering. From 1901 to 1920, fourteen and a half million people came to the United states. During this period, they came mostly from Europe, most probably to escape the Great War which raged in their hometowns and all around them. During the Great Depression, however, emigration numbers plummeted. The great financial woes of the country were seen as a direct cause of the inflow of foreign-born workers. Allowed immigration levels were slashed. By 1933, only 23.1 thousand people were allowed into the United States per year. However, by the time World War II was ramping up in Europe, more and more people were allowed in the country. By 1939, however, only 83 Thousand people were allowed to emigrate into the United States (Smith, Bloomberg). However, as the war in Europe grew deadlier and larger, America started rebuilding itself from the depths of the Great Depression, as lend-lease contracts from other European allies came in asking the United States to utilize its once great industrial powers to craft the supplies needed for war. As factories started filling pre-paid orders from countries such as France and Holland, the American economy started getting richer again, and were mostly wanting nothing to do with the war. Once again, this meant another slash on emigration as people were concerned that the refugees would bring the war with them to the United States. Therefore, from 1941-1960, only 3.5 million people emigrated to the United states, with most of those people coming in the 1950s. During the last 20 years of the 20th Century, however, more and more people were allowed into the United States again. From 1981-1997, over 14.2 million people started new lives in the United states. This impressive rise in emigration comprised of 5.3% of people in the 1998 US Census.

Many people will look back on the “good old days” of the United States and think that in terms of jobs, we are doing much worse now then we ever have. However, according to data from the United States Census Bureau, in 1950, only 29.8% of the population were considered employees. Fast-forward 50 years and much has changed. In 1958, 46.6% of the American population was considered an employee. This is an increase in workers by population of 16.8%. Additionally, the New York Stock Exchange traded 169.2 billion more shares in 1998 then it did in 1950, and 169.61 billion more shares than it did in 1900. Of course, there are way more companies now than there were in either 1900 or 1950, however, shares are only sold and bought if there is money to buy and sell. Furthermore, the median adjusted household income in 1950 was just over $20.3 thousand dollars while it more than doubled to $44.5 thousand dollars. On the surface then, the American economy is better for the citizens then it ever has been. This, of course, makes you wonder why all of the people CNN interviews are so worried. Instead of looking at the data at the local level, when you zoom all the way out, all of their concern becomes validated. In 1950, the non-adjusted GDP of the United States was $294.6 million dollars, which seems great until you know the adjusted Federal Debt. We were spending much more than we had and we were already in $3.119 million. In 1997, however, the GDP of the United States was making above $8.5 billion, once again, however, we were spending more than we had, and the federal debt climbed to just shy of $10 billion. Additionally, the last time the United States had a surplus, was during the Clinton Presidency in 1998-2001. Since then, however, the US Federal Debt has climbed to just over $1.3 trillion in 2011, and dropped again to $438 billion in 2015. However, the debt has once again started to rise as the 2018 estimate is $833 billion, with an estimated $987 billion in 2020 (Amadeo, TheBalance.com).

In plain numbers then, the United States of America is still the “Land of Opportunity” it once was for the people. So, why are so many people convinced the American Dream is no longer? Two major reasons stood out during the research period of this essay. The American Dream meant two different things to the rich and the poor. The rich want to be able to afford richer luxuries in life, and the poor want to afford to live. These two dreams are very close in wording but mean drastically different things. In 2014 the state with the lowest cost of living was Mississippi with a median monthly rent payment of $875 and a median monthly utilities payment of $175. The minimum wage however, was only $7.25/hr. $1050/$7.25hr = 144.83 hrs. If we assume a 20-day work month, (4 weeks, 5 work days a week) 144.83hrs/20days = 7.25hrs/day. This means that someone working minimum wage would have to work 7.25 hours out of every 8-hour day just to afford a place to live. However, these calculations do not account for a phone bill, or internet, or even a grocery bill. This also means that for a Mississippian working full time for minimum wage, they would only have an extra $13 a month for all of the aforementioned things (Rawes, USAToday). Talk to almost anyone over the age of 50 today, and they would tell you it was the exact same way when they were growing up… or was it?
In 1965 the national average cost of rent was $118 a month. If we assume that the cost of utilities is the same percentage of rent as it was in 2014, that brings the monthly cost of utilities to $24. This brings the bare minimum cost of living to only $142/month. Minimum wage was only $1.25/hr. $142/$1.25hr = 114hrs. Again, assuming a 20-day work month, this means that the average minimum wage American only has to work 5.7hrs of their day to afford the basics, again not including groceries. However, this leaves them an extra $10 a month for everything else. This is only $3 less than today, and that was 50 years ago when a gallon of gas was only 31c, and a gallon of milk was 95c. Today, however, a gallon of milk costs around $3.15, which is just more than the 50-year gap in wage. If we adjust the living wage in 1965 for today’s money however, we find that a measly $10 in cash turns into $78. This means that a person working a minimum wage job full time was making an adjusted $64 more a month than todays minimum wage workers, and this was at a time in history when most minimum wage jobs were reserved for high schoolers and immigrants before they gained enough experience and language skills to move up in the job force. In 2017, 12.3% of Americans were below the poverty line according to the US Census, however other sources cite it at 13.9%, which is down 2% from 1965, however, 46.7% of these people in 2017 reported that they were in Deep Poverty. This means that their household income was half of the minimum poverty line (UCDavis, “What is…”).
The depth of the poverty pool in the United States is not at the highest it has ever been; however, it is affecting people more and more as costs rise. Specifically, in the 20-30 age range, the cost of education. This has caused a massive $1.5 Trillion crisis in the United States. According to Forbes, “Student loan debt is now the second highest consumer debt category (behind only mortgage debt) and higher than both credit card and auto loan debt” (Friedman, forbes.com). The massive student loan debt, coupled with the ever-increasing job market that requires higher education, leads us to one simple reason for most Americans to believe in the downfall of the American Dream. We are getting smarter, and learning more than we ever have in history. We know more about the universe and our world now than we ever have in history. In 2017, the Census Bureau said that 33.4% of Americans aged 25 or older had a bachelors degree or higher. This is a 5.4% increase since 2007, and a 28.8% increase since 1940 (Wilson, TheHill.com).

This relatively meteoric rise in education means a number of things. For one, eventually the quality of life, and technological production of the United States will continue to rise, and we may eventually reach the average IQ’s of countries around the world, such as Norway and Japan. However, at the moment, for the United States, it means that people are more likely to see holes in what has been called the American Dream. Not only are people looking at the American Dream through the lens of higher education, but they are also looking at the American Dream with tens of thousands of dollars in student loan debt on their backs. The American Dream seems to only exist for the extremely poor because they need something to believe in, and the extremely rich, because they are living it. For the rest, however, the American Dream is as surreal and as fictitious as a dream itself.
Works Cited
Amadeo, Kimberly. “US Budget Deficit by Year, Compared to GDP, Debt Increase, and Events.” The Balance, Dotdash, 29 Oct. 2018, 22 Nov. 2018.
Friedman, Zack. “Student Loan Debt Statistics In 2018: A $1.5 Trillion Crisis.” Forbes, Forbes Magazine, 13 June 2018, 26 Nov. 2018.
Rawes, Erika. “10 Least Expensive States to Live in the U.S.” USA Today, Gannett Satellite Information Network, 7 Sept. 2014, 20 Nov. 2018.
Smith, Noah. “One Sure Way to Hurt the U.S. Economy? Cut Immigration.” Bloomberg.com, Bloomberg, 9 July 2018, 23 Nov. 2018.
UC Davis. “What Is the Current Poverty Rate in the United States?” UC Davis Center for Poverty Research, UC Davis Center for Poverty Research, 15 Oct. 2018, 26 Nov. 2018.
United States Census Bureau. Statistical Abstract of the United States: 20th Century Statistics. Section 31, 1999. 867-889. United States Census Bureau. Web. 20 Nov. 2018.
Wilson, Reid. “Census: More Americans Have College Degrees than Ever Before.” The Hill, Capitol Hill Publishing Corp., 3 Apr. 2017, 26 Nov. 2018.