American Dream 2005
Money
Everyone is just focused on Money
Being rich is the Dream
Everyones lives was focused on winning the lottery
Movements
Pay off debts
Buy everything you want
Books about how to get rich quick
Averages
There is a 19% of making $340,000 in the next 15 years
51% of people with a income of$75,000 a year felt they would be rich someday
8% of people said they need a yearly income of $1 million to be rich
America suffers
Cosumer debt had reached an all time high of $2.1 trillion
Americans cashed out $333 billion worth of equity on their homes
51% of the equity was used to pay off debts
Concept
money
lottery
No debt
Data
Personal saving rate were the lowest they have ever been
1/3 of americans plan to be rich one day
Subtopic