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Economy

Is the "American Dream" dead?

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For generations, the idea of the American Dream has fueled dreams, aspirations and accomplishments.Work hard and build a better life. Get ahead. And watch your children climb even farther up the ladder of success.

A recent NBC News online poll found that 57% of Americans believe the American Dream is dead.

Charles Ballard, Michigan State University economist, talks about what it means for the way we plan, spend, and work.

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