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Williams, citing Internal Revenue Service data. The chance of a child born into a low-income family, the lower 20% of income distribution, becoming a high-income adult, among the top 20% of wage earners, is just 7.5%, said David A. The idea of the American dream, that hard work can overcome humble beginnings, is increasingly illusory for a swath of Americans, a policy expert and researcher told a session at NCSL Base Camp 2021 on Tuesday. Law, Criminal Justice and Public Safety.Communications, Financial Services and Interstate Commerce.E-Learning | Staff Professional Development.Research, Editorial, Legal and Committee Staff.Legislative Staff Coordinating Committee.Institute for International Cooperation.Since Adams’ vision of the American Dream was that it applied to everyone, it should not matter if a person is a part of a racial minority or not. Even with the immigration of millions of Africans, Asians, and Central and South Americans to the U.S., the Caucasians’ status as the majority race has not changed. After Christopher Columbus first landed in America, many Caucasian Europeans followed suit and, quickly outnumbering the Native Americans, became the majority race in America. Adams believed the American Dream was a “dream of a land in which life should be better and richer and fuller for everyone, with opportunity for each according to ability or achievement.” (214) He did not see it as a dream of riches or material goods, but of being able to reach one’s full potential and to be acknowledged for one’s efforts “regardless of the fortuitous circumstances of birth or position.” (Adams 215) This idea of equal opportunity for all to reach their potentials and to be recognized for their achievements is clearly appealing and immigrants have poured into the United States of America from all over the world chasing this dream. Scott Fitzgerald’s novel “The Great Gatsby,” and even the movie “An American Tail,” where animated Russian mice sing, “There are no cats in America and the streets are full of cheese!” The term “the American Dream” was first made popular in 1931 by James Truslow Adams in his book The Epic of America. It has permeated the media in various forms: Martin Luther King Jr’s “I Have a Dream” speech, F.

For centuries, people have had the American Dream.