A recent poll conducted by The Wall Street Journal and NORC at the University of Chicago reveals a growing skepticism among Americans about the value of hard work in achieving financial success. Only 49% of respondents believe that working hard is likely to result in economic advancement, marking a notable decline in confidence compared to previous decades. This sentiment cuts across age groups, though younger adults express even greater doubt than older generations. Economic inequality, rising living costs, and stagnant wages are cited as key factors influencing this shift in perception. The findings highlight a deepening concern about the accessibility of the American Dream, with many feeling that structural barriers outweigh individual effort. Despite these challenges, a slight majority still hold onto the belief that personal initiative can make a difference, though optimism continues to erode.
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Americans Lose Faith That Hard Work Leads to Economic Gains, WSJ-NORC Poll Finds MSN