Faith in American dream dwindles amid sour economic sentiments, poll finds

Poll of adults in the U.S. finds that a low percentage believe the American dream holds true today, while many think it no longer holds, or never did.

A Victorian-style house with flag in St. Michaels, a historic town in Maryland, situated on Chesapeake Bay ( Wolfgang Kaehler/LightRocket via Getty Images)

Many people are concerned about the cost of groceries, with 28% extremely concerned about food prices, 28% very concerned, and 30% somewhat concerned, while just 10% were not very concerned and just 4% had no concern about the issue.

While 66% in the survey indicated that they have shifted to cheaper products to cut grocery store costs in the last year, just 33% indicated that they have not done so. 

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A U.S. flag flutters in the wind above a 9/11 memorial at Mt. Mitchill on March 30, 2017, in Atlantic Highlands, N.J.  (Gary Hershorn/Getty Images)

Only a quarter of those surveyed agreed that people like them and their family have a good shot of increasing their standard of living — just 6% strongly agreed, while 19% somewhat agreed, 23% strongly disagreed and 19% somewhat disagreed, and 32% did not agree or disagree. The 25% statistic of those indicating they have a good chance of bettering their living standard marked a record low for polls dating to 1987, the Journal reported.

A large majority of those surveyed indicated that, in comparison to their parents' generation, it has become more difficult to purchase a home. 

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While 58% indicated that it is now much harder to buy a home, 23% felt that it is a little more difficult, 2% thought it is much easier, 5% felt it is a bit easier, and 11% did not see any difference in home-buying difficulty.

Alex Nitzberg is a writer for Fox News Digital.

https://www.foxnews.com/politics/faith-american-dream-dwindles-amid-sour-economic-sentiments-poll-finds