Story perspectives
Poll Reveals 70% See American Dream Fading Amid Recession Fears
9/2/2025
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Story summary
- Nearly 70% of Americans believe the "American dream" is fading, according to a Wall Street Journal-NORC poll, marking a 15-year low.
- Moody's chief economist Mark Zandi warns of a potential U.S. recession by year-end due to stalled job growth and rising inflation.
- Zandi highlights California and New York's economic performance as key indicators of national economic health.
