RIP, the Middle Class: 1946:2013 This is a text providing the perspective of how the dynamics of US economy have shifted since the end of World War II. The wealth of the middle class combined is shrinking while the super rich who consist of only 1% have taken the lion’s share. Due to the shrinking of middle class economically, who are job creators, lack of jobs is on a rapid increase making the American dream a fallacy.

Name of Student: Erin Eum
Course Title: English 103
Date of Submission 9/11/2012

Thinking about Opportunities
Question 1
a) RIP, the Middle Class: 1946:2013
This is a text providing the perspective of how the dynamics of US economy have shifted since the end of World War II. The wealth of the middle class combined is shrinking while the super rich who consist of only 1% have taken the lion’s share. Due to the shrinking of middle class economically, who are job creators, lack of jobs is on a rapid increase making the American dream a fallacy.
b) King’s Dream Remains an Elusive Goal; Many Americans See Racial Disparities
This is a randomized observation study design that was designed to assess the progress of the realization of the American dream of equality since it was envisioned by Martin Luther King. The findings of the study show a widening gap between the whites and Black Americans which is unlikely to be bridged any sooner. There is a wide gap in the determinants of quality of life such as education, health, and finance.
c) The American Dream, Quantified at Last – The New York Times
There are questions on whether the USA is moving the achievement of the American dream. The author of this piece of research seeks to analyze the amount of wealth accumulation between the children and their parents. The graphic presentation indicated that there was no progress made towards the achievement of the American. The disparities in wealth accumulation indicate that realization of the American dream is questionable.
d) The Hoarding of the American Dream
This short story talks about how the middle class is immersed in paying bills rather than investing due to the top 1% taking most of the country’s wealth.
Question 2
The American dream is diminishing and at the current assessment, the attainment of the dream seems unrealistic. It is unachievable due to great disparities in wealth accumulation between the rich and the middle class and present of unequal opportunities among different racial groups.
Question 3
I agree with their claim. By now there could not have been such great racial disparities if American dream could have been envisioned by Martin Luther King. I find the evidence presented in three texts plausible except the evidence presented in the “American dream quantified at last”. Too expensive bills, socioeconomic disparities among different races and the control of the country’s economy by a small percentage of people make it hard for those disadvantaged to rise. Those with wealth have an advantage of making it in life than those who do not have starting capital. However, the “America dream quantified at last’’ comparison seems unrealistic in my own opinion. Comparison of wealth between fathers and children is not plausible considering that there are other confounding factors such as inflation and increased expenses which are as a result of improvement of the quality of life which makes it difficult to compare the two. Anyone can rise in America; the only difference is that it takes longer to bridge the gap between you and those advantages to be already ahead of you. Martin Luther King Jr. implied that we cannot expect people to rise if the playing field is not level ground. I agree with him in that the gap between the poor and rich. In the book “Hoarding the American dream” by Reeves, the author acknowledges that without equal opportunities between the children of the poor and the rich, the American dream can never be realized.