Have we become a nation obsessed with bank bailouts, and taxpayer funded mortgage subsidies? Or is there hope for the American Dream? According to Barbara Ehrenreich, it’s nearly impossible for anyone to move up from lower to middle class in America. Her book, called Nickel and Dimed, tells the story of how she temporarily gave up her middle class life, and with only $1000 in cash and a laptop computer, started on her quest for $7 per hour jobs to test the waters.  The end result was her conclusion that living check to check on unskilled labor jobs was just to difficult.  Apparently many universities have agreed with her, and allowed her to deliver her pessimistic remarks at graduation ceremonies.  For the full story, check out her book.


Nickel and Dimed: On (Not) Getting By in America
Nickel and Dimed: On (Not) Getting By in America by Barbara Ehrenreich

Adam Shepard was one such student who did read her book, but opted to try the challenge himself. He picked a random city, and with only $25 in his pocket, and NO LAPTOP, he started his quest. How did he do? Quite well! He started off living in a homeless shelter, secured himself a low paying job, and within a few months was able to afford a used truck and an apartment. Check out the 20/20 interview of him, where he recounts his story, and even offers a few criticisms of Barbara Ehrenreich’s approach. Apparently, while Adam sacrificed comfort by living in homeless shelter, Barbara was staying in hotels and buying new $40 jeans.

If you like the video, be sure to purchase Adam’s book, entitled Scratch Beginnings.

Scratch Beginnings: Me, $25, and the Search for the American Dream
Scratch Beginnings: Me, $25, and the Search for the American Dream by Adam W. Shepard

After reading the book, then ask yourself – Is the American Dream really dead? Must we continue on our quest to a welfare nation?