The American Dream is an idea that has been around since the founding of the United States, it stands for equal opportunity and success regardless of one's background. Ray Dalio, the billionaire founder of the hedge fund Bridgewater Associates, in the online video interview said the American dream is "lost" in today's world. He believes that programs like those led by the Biden Administration will be a big step towards restoring the American dream. 

Ray Dalio is also calling for corporate leaders to declare wealth inequality a national crisis and for policymakers and business leaders to come together to find solutions. He believes that if leaders don't act, the whole economic system of capitalism could collapse. He also believes that income is a predictor of success in education and that holders of a bachelor's degree earn much more than those with only a high-school diploma. He is asking lawmakers and corporate leaders to address low incomes in the US and calls for a shift in thinking on the part of corporate leaders, as well as government leaders. 

The American Dream is broken for many people in the United States today, primarily due to wealth inequality. Education is the best escalator to opportunity in America, but rising income inequality has eroded the ability for American children to grow up to earn more than their parents. A child from a poor area who moves to a better-off area early in life will increase their lifetime earnings by around $200,000 and will be less likely to be incarcerated or become a teen parent. The data released this week by the U.S. Census Bureau and Opportunity Insights shows that social mobility varies widely by neighborhoods even when families start out with similar incomes. The way to create education opportunity is to build resources wherever people are, but this will take a lot of creativity and money.

The concept of the "American Dream" is often associated with the idea that anyone, regardless of their background, can achieve success and prosperity through hard work and determination. However, in recent years, some have argued that the American Dream is broken, as income inequality and lack of access to opportunities have made it more difficult for many people to achieve upward mobility. Additionally, education has been a major factor in the opportunities of the American Dream, with many people believe that education is not accessible to all, particularly those from low-income families.

The American Dream is a cultural and political ideal that suggests that with hard work and perseverance, any person can achieve financial success and upward social mobility. Some argue that the American Dream is broken because of increasing economic inequality, lack of affordable housing, and rising costs of education. Others argue that while there may be challenges, the American Dream remains alive and achievable for those who are willing to work hard and take advantage of opportunities.

The concept of the "American Dream" is a belief that anyone, regardless of their background, can achieve success and prosperity through hard work and determination. Some argue that the American Dream is currently broken due to factors such as income inequality, lack of affordable housing, and limited access to quality education and job opportunities for certain groups of people. However, others argue that the American Dream is still attainable and that individuals can still achieve success through hard work and perseverance.