The American Dream is Dead
HTML-код
- Опубликовано: 21 июл 2024
- In the 1970s, my family arrived in America fueled by dreams and driven by determination. My father, a skilled CPA from the Philippines, embarked on a bold business adventure with just $70, a family to support, and the American Dream in his heart. Fast forward to 2024, and I'm grappling with a painful realization-the American Dream that brought us here seems to have vanished. In this video, I explore the stark realities of today’s America, from the fading prospects of homeownership to eroding personal freedoms and the diminishing hope for our children's future. Join me as I outline the 6 critical reasons why I believe the American Dream is no longer achievable for most.
💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings!
www.noellorenzanacpa.com/tax-...
📘 Free Ebook 10 Tips to Simplify Your Taxes:
www.noellorenzanacpa.com/10-t...
💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️
www.buymeacoffee.com/NoelLore...
📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today!
modernizedaccounting.com
👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!
/ 951368119040370
Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up-watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!
On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.
★CONNECT WITH ME ON SOCIAL MEDIA ★
Website: noellorenzanacpa.com/
Facebook: / noelblorenzana
LinkedIn: / noellorenzanacpa
🎥 RECOMMENDED VIDEOS 🎥
• We May Be Headed for A...
• 5 Money Mistakes Small...
• Ignoring BOI Reporting...
Thanks for watching my video on, The American Dream is Dead - and I'm Leaving...
Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.
⏱️VIDEO CHAPTERS⏱️
00:00 - Introduction: What is the American Dream?
01:27 - Is the American Dream Still Achievable?
01:32 - Reason No 1. Home Ownership
03:04 - Reason No 2. An Economic Invasion
05:05 - Reason No 3. Failed Leadership
05:44 - Reason No 4. Unsustainable Government Debt
06:57 - Reason No 5. Income Inequality
08:05 - Reason No 6. Freedom and Taxes
09:17 - Conclusion: Why the American Dream is Dead
Replay Video Link: • The American Dream is ...
#theamericandream #economiccrisis #migrantcrisis
What do you think-is the American Dream dead or still alive? Share your thoughts and experiences below.
It’s dead 😢
Dying. We’re on life support getting ready to see the stars. All the ingredients are there, it’s just a matter of time (soon) that things will be too out of control
Definitely dying sadly
@@richbazebo8074 it’s too bad most folks don’t see it and when they do it’s too late
Sadly, it's dead.
I make double now what I did before the lockdowns but I feel like I make about half, and everytime I turn around I'm being told to spend less, save more, stop inflating my lifestyle, and give more money over to every government who can reach into my pockets. More than anything else, the government spending and tax hikes have absolutely crushed me. Chasing down people who sell their used jeans on Poshmark for income taxes unless you can kick up 10 year old receipts to prove you didn't make money... proposing taxes on UNREALIZED gains... property tax hikes, expiring income tax reductions... Why am I expected to be frugal when the government isn't? Why do I have to go without, so that those in power can transfer my money to those who don't work enough to take care of themselves?
The dream is dead.
Thanks for sharing your experience. Like you, many are feeling the pinch despite making more, and I can see why the financial pressures from taxes and government policies are frustrating. It’s a tough balance for many right now. The interesting thing people over 40 probably can't relate, but under 40, which I assume you are, know exactly what you're going through. I saw a great video by Scott Galloway talking about how boomers and seniors are gaslighting gen z and millenials that everything is fine and they just need to work harder. lol. sad...
Workers MUST own and control the means of production.
Hey, thanks for chiming in! It sounds like you're all about giving the power back to the workers, which is a big part of socialism. With the way capitalism is going, I'm open to it.
The 2nd amendment of our last hope. Defend it as our life depends it, literally. Without it we have nothing, not even our freedom of speech right cuz the oppressors can easily squash it knowing that the ppl have nothing to fight with.
Thanks for sharing your views on the 2nd amendment. It’s definitely important in protecting our freedoms. Our founding fathers knew what they were doing.
From the famous words from the movie Aliens…
“Game over, man! Game over! What the f**k are we gonna do now?”
Great movie
Bill Paxton was great in that movie!
VOTE VOTE VOTE
I think we're past that.. Who to vote for? Bad or worse?
Why??? to pick from 2 CHOOSEN people that we dont want? voting is useless now....
Voting is a joke now 😅
Thanks for speaking the truth and there even more reasons but you touched on the biggest issues. I think we are seeing this silent recession due to the underlining nervousness of the public noticing these exact reasons you pointed out. It's up to us to use the "system" and fight these tyrants who are drunk on power and money. The fascist lobbyists are a huge part to blame as they influence government for their agendas versus the publics.
Thanks for your support and for adding your perspective. You're spot on about the role of lobbyists and the influence they wield for their own agendas-it's a big part of why we're in this mess. It’s definitely up to us to challenge the system and push back against those who misuse their power.
Send another trillion dollars to a country that most people can't find on the map
Absolutely, it's surprising how that happens. Just out of curiosity, which country are you referring to? LOL (laughing, not laughing)
It’s a country who own this government, as most people are finally know.
…leaving to go where?
Hey Lex, forgive me for the click baity title. I still love America.
@@NoelLorenzanaCPA turn off the news like I did. You’ll feel much better.
I actually don’t watch the news. I do watch RUclips though
@@NoelLorenzanaCPAoh…well this is certainly awkward now. 😐
It's dead, too much diversity, equity, and inclusion ruined this country.
Thanks for your comment. People have different views on diversity and inclusion, but I'm not so sure it was the cause.
@@NoelLorenzanaCPA It was a major part of it. The reason america succeeded to begin with was because it was a country based on merit and truth: when you take away both of the things that made america great, eventually it collapses.
philippine dream
oh uh…good?
The American dream is in coma!
After the great financial debacle is over it will wake up
I agree, it feels like the American Dream is taking a nap right now. Hopefully, after we get past these tough times, and it'll wake up again. Let's hope for the best!
Yep lets go MAGA
I think it’s still alive. It’s important to remain positive and understand values change over time with each generation. Maybe it’s the American Dream has changed.
Thanks for the positive take! You might be right, maybe the American Dream isn't gone, it's just different now. Like maybe now it's a 1bed, 1 bath, studio with a balcony, a BFF and dog. Ha ha!
Yes yes yes do what thine puppet master tell you, slave... the new Merica brava...
@MikeKim-sk6eb You sound like an old boss that I don’t have anymore. Just be happy you have a job. And that you’re able to get up and breathe every day. Geez, what a miserable way to look at things.
And I’d like to add that I remember when the world population reached 5 billion people and having nightmares of being shoulder to shoulder with strangers in line to get food - now in 2023 there’s 8 billion people. With limited resources, and a huge population, competition for jobs, money, etc. is only getting fiercer in a capitalist society. So yeah, you’ll probably have to work harder, be more innovative, skilled, defeat the AI robots and be more dynamic in creating value so other people will give you money.
The bottom line - nothing’s changed. You have to work hard like you parents did to get the life the had and passed on to you. Life is supposed to be easy. So some people need to stop whining and get off their lazy asses and stop expecting handouts.
Thinking about when we hit 5 billion, and now we’re at 8 billion, definitely makes the world seem packed! It does feel like competition for everything is getting tougher. But I’m not sure I completely agree that it's just about working harder like in the old days. The game seems different now with technology and everything changing so fast, especially for the younger generations. I’m not just talking about us-we’ve got our houses and our investments growing. It's the younger folks I worry about. For them, hard work alone might not cut it anymore. What do you think?