David Leonhardt on the decline of the American dream and what it would take to restore it
By
Kevin Delaney
Summary
David Leonhardt examines the state of the American dream at the 250-year mark, arguing that while the U.S. historically excelled at creating a massive middle class and upward mobility, recent decades have seen a decline in that promise. He explores structural economic shifts, slower growth transitions, and the need for local reinvestment and long-term thinking — urging executives and policymakers to revive the approaches that once made the American dream attainable.
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bskyDavid Leonhardt on the decline of the American dream and what it would take to restore itsfstandard.comKey quotes
· 3 pulledIn the long sweep of American history, this country's done extremely well at fulfilling that promise.
We've had an economy that has created probably the biggest middle class in the history of the world.
The worrisome thing is that we've done a worse job at...
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