How has the economic crisis affected the American dream? Have American behavior and values shifted in the past year? The third MetLife Study of the American Dream set out to determine American attitudes and perceptions in light of our current economic situation and the ongoing erosion of traditional corporate and social safety nets. The study surveyed a cross-section of U.S. adults, in all generations and ethnic groups, to find out how lives have changed—and how the American dream itself has changed—in the past year.
The results show an American dream that has been revised, not reversed. Americans are resetting their priorities, and the dream is now buoyed by pragmatism rather than consumerism.