The American Dream turns nightmare: 4 out of 5 U.S. adults struggle with joblessness

HomelessThe Associated Press released some shocking and dismal research over the weekend: “Four out of five U.S. adults struggle with joblessness, near-poverty or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security and an elusive American dream.”

The AP-exclusive survey data “points to an increasingly globalized U.S. economy, the widening gap between rich and poor, and the loss of good-paying manufacturing jobs as reasons for the trend.”

The report comes on the heels of President Obama’s economy tour. Obama spent last week assuring crowds that the economy is his “top priority” and proposing ways to “rebuild ladders of opportunity” and erase income inequality.

The “incomes” of Americans may soon be made more equal as more and more people rely on government checks to survive.

“I’ve got a little over twelve hundreds days left in office,” Obama said in one of his speeches. “I am going to spend every waking minute of every one of those days thinking about, and then acting upon, any good ideas out there that are going to help ordinary Americans succeed.”


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