Faith in the American Dream Plummets Under Biden: Poll

A majority of U.S. voters feel that the “American dream” cannot be achieved, according to a poll conducted by the Wall Street Journal and NORC.

Approximately 36% of voters said that the American Dream – as defined by the notion that if an individual works hard, they will get ahead – was attainable, down from 68% who said the same last year, according to the WSJ/NORC poll released on Friday. Roughly two-thirds of voters feel the economy is in poor condition as inflation continues to outpace wages and prices continue to rise.

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Commentary: Nine Big Questions To Ask the Democratic Socialist in Your Life

by Hunter Baker   Democratic socialism is hot in the United States right now. Both the American media and young people seem to be enamored of the thought of steeply progressive, redistributive tax rates designed to achieve some vision of justice. As with most public policy ideas, we tend to get pretty far down the road before we ask basic questions related to the project. In other words, we imagine a result that appeals to us before we’ve really considered whether other effects are likely and whether the proposal is morally right in the first place. Accordingly, I encourage anyone thinking about democratic socialism to ask the following questions: 1. What is the moral basis for taxing some incomes at higher rates than others? 2. Do we imagine that incomes are entirely the result of some random process? While John Rawls makes an argument along those lines — essentially, that no one really deserves their money because they didn’t control the family they were born into, their genes, etc. — there is a reasonable argument to be made that many people with such advantages seem to fail, while others who lack those advantages seem to succeed. In other words, attributes…

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