By Moran Zhang: Subscribe to Moran's RSS feed
November 18, 2011 12:15 PM EST
The declining economy and perceptions of the misuse of government power have caused many to lose hope in the American Dream, according to a new survey from Yahoo Finance. The survey revealed that while 53 percent of Americans between the ages of 18 and 64 still view America as the land of opportunity, 41 percent feel the American Dream is out of reach.
"The underlying trends are moving in a positive direction, and, in many instances, are better than most people think and expect. But there's an overwhelming sense of fragility," said Daniel Gross, economics editor at Yahoo Finance. "As the mood sours, the U.S. economy continues to grind its way slowly, even if many people feel as though the recession hasn't ended."
Other key findings include:
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