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President Joe Biden's Administration Has Killed The American Dream

September 5. 2024

Joe Biden

The Biden administration has killed the American dream for millions of people. The "American dream" is owning a home. However, homeownership in America is the most elusive it has ever been in modern times. The average American cannot afford to buy a home, as Biden's record inflation has placed it so far out of reach.

Joe Biden

America has become a nation of renters (President Joe Biden Has Turned America Into A Nation Of Renters And Is Destroying Generational Wealth). It has caused many to lose confidence in the government. The public has never been so pessimistic about the economy.

Joe Biden

The Biden administration has consistently given the public false hope. This is due the fact they need to save face cause they do not know what they are doing. They have failed to fix the economy over the past 3 and 1/2 years because they do not know how to do so. All they've done is brought poverty (via inflation) and international trouble on America via proxy wars.

STORY SOURCE

The American Dream Feels Out of Reach for Most

Aug. 28, 2024 at 5:30 am ET - Americans overwhelmingly desire all the traditional trappings of the American dream—owning a home, having a family, and looking forward to a comfortable retirement. But very few believe they can easily achieve it. A July Wall Street Journal/NORC poll of 1,502 U.S. adults shows a stark gap between people’s wishes and their expectations. The trend was consistent across gender and party lines, but held more true for younger generations, who have been priced out of homeownership and saddled with high interest rates and student debt.

While 89% of respondents said owning a home is either essential or important to their vision of the future, only 10% said homeownership is easy or somewhat easy to achieve. Financial security and a comfortable retirement were similarly labeled as essential or important by 96% and 95% of people, respectively, but rated as easy or somewhat easy to pull off by only 9% and 8%...

https://www.wsj.com


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