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Is the "American Dream" dead?

Nov 19, 2015

Credit Flickr/jnn1776 / http://michrad.io/1LXrdJM

For generations, the idea of the American Dream has fueled dreams, aspirations and accomplishments.Work hard and build a better life. Get ahead. And watch your children climb even farther up the ladder of success.

A recent NBC News online poll found that 57% of Americans believe the American Dream is dead.

Charles Ballard, Michigan State University economist, talks about what it means for the way we plan, spend, and work.