https://www.realclearpolicy.com/articles/2019/02/15/despite_contrary_claims
Is the American Dream attainable for everyone? Conclusions in recent debates in academic and policy circles have been rather pessimistic, and a recent high profile newspaper piece went as far as saying that the American Dream is not for black millennials because so much of it is dependent on owning a house and reaching career milestones. An achievement not really possible for younger blacks in this country according to the author, who based her findings on discussions with a selection of her peers. Her conclusion that the American Dream is unattainable for black millennials Is a most disturbing finding if true.
However, data from a new survey on the American Dream (the American Enterprise Institute’s Social Capital survey) reveal that claims of its demise, especially among black millennials, are overblown.
In the survey, I asked thousands of Americans around the country what factors were essential to the American Dream. While homeownership was important, Americans replied that other factors such as freedom to live as one chooses, and meaningful family relationships were far more important — despite being elements that are not regularly discussed when people think about the American Dream.
The most significant factor in pursuing the Dream according to the survey results is to have the freedom to choose how to live one’s life. This is the case for the population as a whole, of which 86% believes that freedom of choice is essential for the realization of the American Dream. It is also the case for 83% of millennials — those born between 1981 and 1996. Breaking the findings down along racial lines, 86% of whites favor freedom of choice, while other groups are in the high-seventieth percentile range. Additionally, 83% of millennials (79% of black and 80% of white millennials) believe that a good family life is essential to the Dream. These minor percentage differences call into serious question the popular racial disparity stories.