Can the American Dream Survive the New Multiethnic America? Evidence from Los Angeles Author(s): Mara A. Cohen-Marks and Christopher Stout Source: Sociological Forum, Vol. 26, No. 4 (DECEMBER 2011), pp. 824-845 Published by: Wiley Stable URL: http://www.jstor.org/stable/41330897 Accessed: 07-02-2016 04:32 UTC Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use, available at http://www.jstor.org/page/ info/about/policies/terms.jsp JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact [email protected]. Wiley and Springer are collaborating with JSTOR to digitize, preserve and extend access to Sociological Forum. http://www.jstor.org This content downloaded from 64.71.84.117 on Sun, 07 Feb 2016 04:32:18 UTC All use subject to JSTOR Terms and Conditions Vol.26,No.4,December 2011 Forum, Sociological DOI: 10.1111/j. 1573-7861.201 1.01286.x Can the American America? Dream Evidence Survive the New from Los Multiethnic Angeles1 Mara A. Cohen-Marks2and Christopher Stout3 conducted in Los Angeles, weexamine and Drawing froma survey perceptions of achievement aboutreaching theAmerican dream andnativity Wefind racial,ethnic, optimism among groups. blacks andAsianAmericans lesslikely thanwhites tobelieve havereached theAmerican dream. they Latinos standoutfortheir with naturalized citizens a stronger sense assessments, upbeat possessing andnoncitizens thattheywilleventually theAmerican ofachievement generally optimistic fulfill dream. Wediscuss between theracialandethnic as wellas variation patterns ofvariation groups within eachgroup. andnativity, Notwithstanding interesting differences alonglinesofrace,ethnicity, wefindnoevidence thatthenation's ethnic stewhasdiluted dream. changing faithintheAmerican KEY WORDS:achievement and optimism; American economic dream;American identity; raceandethnicity. security; immigration; INTRODUCTION "The Americandreamthatwe wereall raised on is a simplebut powerful one- if you work hard and play by the rulesyou should be givena chance to go as faras yourGod-givenabilitywill take you" (Hochschild,1995:18).With thesewords,then-President Bill Clintoncaptureda deeplyengrainedconstruct in the social and politicalcultureof the United States. The Americandream has lured millionsacross waters,mountains,and plains with this deceptively simpleproposition:All Americans,regardlessof theirbackgroundor origins, have a reasonable chance to achieve success throughtheir own efforts.It is an ideal that has inspired great achievementsand led to crushing disappointments. 1 Weare forhelpful comments onearly drafts ofthisarticle from MattBarreto, grateful Stephen andKelsyKretschmer. Nuno,James TheSupplemental canbe found Faught, at Appendix Editor's note:Thisarticle is partof https://sites.google.com/site/americadreamnewmultiethnic/. a specialsection in thisissueentitled Research on Contemporary Issuesand "Sociological Events." Forother entries inthesection, seeClarkandHall(2011),Hass(2011),Hawdon and andSmith andWidner andChicoine Ryan(2011),Longest (2011), (201П. fortheStudy ofLos Angeles, LeaveyCenter 1 LMU Drive, LoyolaMarymount University, Suite4119,LosAngeles, California 90045;e-mail: [email protected]. ofPolitical 106Central Department Science, MassachuWellesley Street, College, Wellesley, setts 02482. 824 ©2011 Eastern Sociological Society This content downloaded from 64.71.84.117 on Sun, 07 Feb 2016 04:32:18 UTC All use subject to JSTOR Terms and Conditions CantheAmerican Dream Survive theNewMultiethnic America? 825 Hochschild (1995:xi) has observed that the American dream functions brilliantlyas an ideology but provides a poor guide for practice. Not all Americansshare it, and some categoriesof Americansshare it less than others. Against those realities,the Americandream has withstoodconsiderable societalchange,beatingout competitorsforideologicalprimacy.Its endurance atteststo mostAmericans'insistenceon the dreamas an ideal, if not as a reality(Daleiden, 1999; Hochschild,1995). Could that widespreadfaithfinallyshatterunder the profoundtransformation now underwayin the racial and ethnic compositionof the United States? Between 2000 and 2008, blacks, Latinos, and Asian Americans accountedfor 83% of U.S. population growth.Latino and Asian immigrants and their U.S. -born childrenwill make ours a "majorityminority''nation beforemid-decade(U.S. Census, 2010). Some analysts have speculated that recent immigrationpatternscould dilutefundamentaltenetsof U.S. culturalvalues and upend the nation's ideological moorings.No less than the esteemedHarvard politicalscientistSamuel Huntingtonwarned that "immenseand continuingimmigrationfrom Latin America,especiallyfromMexico" poses "the singlemost immediateand serious challenge to America's traditionalidentity"(2004a:31, see also 2004b). Huntington(2004a:41) argued: "There is no Americanodream. There is only the Americandream createdby an Anglo-Protestant society.Mexican Americans will share in that dream and in that societyonly if theydream in English." If Huntingtonis correct,recentgrowthin new ethnic/racial populations may diminishoveralllevelsof attachmentto the Americandream. If diversitythreatensthe ideology of the American dream, the society based on the ideologyis threatenedtoo. Ideals do matter.Individualswho are are morelikely pessimisticabout theirlack of social and politicalopportunities are and efficacy, to engage in criminalactivity,have lowerlevelsof self-esteem less likelyto pursue higherlevels of education,and are less likelyto plan for the long term(Finkel, 1985; McCord, 1979; Taylor and Betz, 1983). In short, dilutionof the Americandream could have significantand troublingconsequences forU.S. society. The City of Los Angeles is an ideal laboratoryto gauge whetherthe nation's increasingdiversitythreatensattachmentto the American dream. One of the most racially and ethnicallydiverse cities in the United States, Los Angeles is also home to one of the largest concentrationsof immigrants. A recent public opinion survey from this demographicallydiverse city provides a rich data set with which to examine confidencein the American dream among various racial, ethnic,and immigrantpopulations. numbersof ethnic National polls on this topic have contained insufficient minoritiesand foreign-bornresidentsto deduce general patternsfor these populations.Nor are we aware of any researchthat has incorporatedstatistical comparisonsbetweennew nonwhiteimmigrantgroups such as Latinos and Asian Americans,their native-borncounterparts,and black and white Americans. This content downloaded from 64.71.84.117 on Sun, 07 Feb 2016 04:32:18 UTC All use subject to JSTOR Terms and Conditions Cohen-Marks andStout 826 The Los Angelessurvey'srichsample of diverseracial, ethnic,and nativwithin itypopulationsalso enables us to considerpossiblesubgroupdifferences in the current racial and ethnicpopulations,an avenue of investigation absent body of literature.The nation's diversityof culturesand sociohistoricallegacies providesample reason to considerwhetherracial and ethnicgroupshold a commonvisionof theAmericandreamand whetherit applies to them.Also, analyzingvariationwithineach racial, ethnic,and nativitypopulationyieldsa more nuanced understanding of whygroupsmay differin theirassessmentsof the Americandream. We have twin-foldobjectivesin thisarticle.We firstconsiderthe similarities and differences in how racial and ethnicgroups assess theirprogressand prospectsin reachingthe Americandream. Findingseveralintergroupdifferences, we next investigatepatternsof variationwithineach racial or ethnic To accomplishthese group thatmay underliethe gross intergroupdifferences. twinobjectives,we startby reviewingthe richliteratureexaminingthe American dream to formulateour hypothesisfor the racial and ethnicgroups we consider here. We then test our expectationsusing the 2007 Center for the Study of Los Angeles citywidesurvey,beginningby observingresponsepatterns across the four major racial and ethnic groups in the United States (whites,blacks, Latinos, and Asian Americans).We thenproceed to examine patternswithineach of the fourdemographicgroups. We findthat Latinos and particularlynaturalizedLatinos are more likely to believe that theyhave alreadyachieved the Americandream; however,we findthat thereare no racial/ethnic in perceptionsof achievgroup differences ing the American dream in the future.Thus, we find no evidence that the nation's changingethnicstew has dilutedfaithin the Americandream. Interwe findrespondents'anxiety estingly,in this period of economic uncertainty, about the sufficiencyof retirementsavings clouds their confidenceabout achieving the American dream, regardlessof their race or ethnicity.This - should resultsuggeststhat cracked nest eggs and other economic anxieties theybecome a permanentor pervasivefeatureof U.S. society may pose a biggerthreatto the Americandream than the nation's changingmultiethnic stew. RACE, ETHNICITY, AND NATIVITY Many scholarshave minedpollingdata to examinehow ideas about the American dream differamong rich and poor Americans,among black and whiteAmericans,and how these ideas have shiftedover time. Of these,JenniferHochschild's 1995 studyremainsthe gold standard.Analyzingdecades of surveydata, Hochschild (1995) found that faithin the Americandream differssignificantly for blacks and whitesand along lines of income,educaand tion, gender. AlthoughHochschild (1995) considersthe views of white she does not explicitlyexamine the beliefs of Latinos or Asian ethnics, This content downloaded from 64.71.84.117 on Sun, 07 Feb 2016 04:32:18 UTC All use subject to JSTOR Terms and Conditions CantheAmerican Dream Survive theNewMultiethnic America? 827 - the so-called new immigrants(see also Feagin, 1972; Huber and Americans Form, 1973; Kluegel and Smith,1986; Robinson and Bell, 1978). In this section, we will discuss why we expect differencesacross racial and ethnic differences. groups and within-group Blacks We suspectrace is highlycorrelatedwithrespondents'evaluationsof their achievementsand prospectsin reachingthe Americandream. A centraltenet of the ideologyof the Americandream holds thathard work leads to success, a notion blacks regardwithparticularskepticism,accordingto previousstudies. Whereasa majorityof whitesblame blacks' lower socioeconomicstanding on blacks not tryinghard enough, blacks are much more likelyto attribute thisdisparityto lack of opportunityin the United States (Hanson and Zogby, 2010; Hochschild,1995; Schumanet al., 1997). Blacks' long and turbulenthistoryin the United States fromslaveryto JimCrow to currentconcernsabout racial profilingand political disenfranchisementhas led a sizable portionof blacks to be doubtfulthat the United States is the land of opportunityfor all (Schuman et al., 1997; Sigelmanand Welch, 1991). Moreover,higherlevels of cynicismabout the Americandream withtheir now than in previousyearsmay be attributedto blacks' frustration lack of economicand social opportunitieseven afterde jure barriersto equality have been removedwith the 1964 Civil RightsAct. As Thomas Shapiro, the Directorof the Instituteon Assets and Social Policy, notes: "Even when - get an education and work hard at AfricanAmericansdo everything right well-payingjobs theycannot achieve the wealth of theirwhitepeers in the workforce"(Shapiro et al., 2010). in overall life satisfactionalso provide reaStudies on racial differences son to anticipateblacks will be less optimisticabout the American dream. Wolfers and Stevenson (2010) report that the gap between blacks' and whites' levels of life satisfactionwere growing smaller between 1970 and 1990 but began to grow again during the 2000s. They find that wealthier blacks have lower levels of life satisfactionthan poorer whites.If blacks are generallyless happy about theirstandingin the United States than whites, it would not be surprising even thoughsome are enjoyinggreaterprosperity, to findblacks as a group less optimisticabout someday attainingtheiraspirations. Given theirhistoryin the United States and the inequalitiestheycontinue to face,we anticipatethatblacks are less likelythanwhitesto believethatthey have or will reach the Americandream (Kohut, 2007; Sinclair-Chapmanand Price, 2008). Finding blacks less satisfiedwith their achievementsand less optimistic about their prospects would be consistent with Hochschild's (1995:72-88) conclusion that blacks are "succeeding more" by objective measuresbut "enjoyingit less" on opinionmeasures. This content downloaded from 64.71.84.117 on Sun, 07 Feb 2016 04:32:18 UTC All use subject to JSTOR Terms and Conditions andStout Cohen-Marks 828 Latinosand Asian Americans We are less confidentin predictingthe perceptionsof Latinos and Asian Americans,but we suspectLatinos and Asian Americansmay be more likely than whites to view the Americandream as an ideal that lies withintheir grasp. Previous studies indicate that Latinos are more likelythan whitesto will do what is rightmost of the time,to be believethat the U.S. government patriotic,to believe ordinaryindividualscan influencegovernmentdecisions, and to believe hard work leads to success (Abrajano and Alvarez, 2010; De La Garza et al., 1996; Michelson, 2001; Newton and Salvanto, 2005). Sanguineoutlooks on the U.S. social and politicalsystemcould well spill over onto Latinos' perceptionsof theirown prospectsand achievementsin reaching the Americandream. What would account for Latinos' optimismgiven theirlower levels of socioeconomicstatus?The answermay lie in theirlargeimmigrant populations and a self-selection effectof immigrantswho choose to migrateand stay in the United States. Many Latino immigrants who settlein to the United States do so because theybelieve that the United States providesbettersocial, economic, and political opportunitiesthan theirhome country(Wampleret al., who stay permanently and those who leave 2009). In effect,those immigrants may be votingwiththeirfeet,renderingtheirverdictsregardingtheiropportunitiesin the United States (Wampleret al., 2009). The process of socialization representsan additional reason why we expectoptimismamong Latinos and Asian Americans.It is plausible that the to suboptimismpervasiveacross the firstgenerationmay also be transmitted sequent generationsborn and raised in the United States. Previous studies indicate that parental socialization can influencean offspring'spartisanship and political attitudes,career aspirations,and notions of ideal familysize (Dalton, 1982; Hitlin,2006; Jenningsand Niemi, 1981; Starrelsand Holmes, be entirelysurprisingif optimisticLatino and 2000). It would not, therefore, Asian-Americanparentsin the firstgenerationsocialize theirchildrenin the second generationto believe that the United States providesthe opportunity forsuccess. On balance, we expectthat Latinos as a group,unlikeblacks and whites, are predominatelycomposed of first-or second-generationAmericans,4to exhibitgreateroptimismabout the Americandream. We anticipatea similar phenomenonamong the Asian-Americanpopulation, that is, generallyoptimistic foreign-born parents passing on faithin the possibilitiesopen to all Americans. Moreover,given that a large proportionof immigrantsenterthe United States withlower levels of incomeand education,second and subsequentgenerations in the Latino and Asian-Americancommunitymay have a lower 4 A 2009PewCenter shows thatnearly 65%ofLatinos areinthefirst orsecond Survey generation.A majority ofLatinos areinthesecond generation (52%)(FryandPassei, 2009). This content downloaded from 64.71.84.117 on Sun, 07 Feb 2016 04:32:18 UTC All use subject to JSTOR Terms and Conditions CantheAmerican Dream Survive theNewMultiethnic America? 829 benchmarkfor success in America(Portes et al., 1978). Previousstudieshave shown that perceptionsof an individual'sachievementsin lifeare oftenmeasuredby assessingsuccess relativeto the person'sparents'successand/ortheir progresson severalsocial and economicmeasures(Judgeand Hurst,2007). As long-settledAsian-Americanand Latino immigrantsand their native-born childrencontinueto make progresson indicatorssuch as povertyrates,educational attainment,and English-languageacquisition,theirlevels of optimism in the Americandream may also continueto grow (Park, 1997). We expect Asian Americans,who have highermedian levels of income and education than otherracial/ethnicgroups,5to be particularlylikelyto believe that they have achievedthe Americandream. THE NEW IMMIGRANTS AND THE AMERICAN DREAM A keyadvantageof the Los Angelesdata set is thatit enables us to examine variationalong lines of nativityamong Asian Americansand Latinos. It is plausible that despite generallylower levels of socioeconomic status, immigrantspossess relativelyupbeat assessmentsof theirprogressand prospectsin reachingthe Americandream. Many immigrantscome to the United States because they believe the United States affordssuperioropportunitiescomwho settlehereperpared withthose of theirhome countries,and immigrants manentlymay be more optimisticabout their opportunitiesin the United States than are their counterpartswho leave (Park, 1997; Wampler et al., 2009). In effect,the pool of Asian and Latino immigrantsmay be a selfselected bunch, optimisticthat the American dream is withintheir reach. have Togetherwiththe findingof Porteset al. (1978) that Latino immigrants lower benchmarksfor occupational success than their white counterparts, we expect Latinos and Asian-Americanimmigrantswho have enjoyed some success in the United States to be more optimisticabout the Americandream than their native-borncounterpartswho have achieved the same level of success. DIVERSITY WITHIN EACH RACIAL AND ETHNIC GROUP of grosspatternsacross the racial and ethTo gain a betterunderstanding withineach population,and nativityis but nic groups,we exploredifferences we examine.With the exceptionof AfricanAmericans,we one characteristic also anticipateintragroupvariationalong social class lines. Individualsmay have different imagesof what constitutessuccessin life,but most associate the Americandream withmaterialsuccess (Hochschild, 1995:15). Previousstudies 5 According levelsof havehigher AsianAmericans to the2007Current Survey, Population racial/ethnic ofallother andeducation income groups. This content downloaded from 64.71.84.117 on Sun, 07 Feb 2016 04:32:18 UTC All use subject to JSTOR Terms and Conditions 830 Cohen-Marks andStout lead us to expectthatwhites,Asian Americans,and Latinos withgreaterlevels of income and education will possess sunnierassessmentsof theirachievementsand lifechances comparedwiththeirless materiallywell-offco-ethnics (Feagin, 1972; Haveman and Smeeding,2006; Huber and Form, 1973; Kluegel and Smith,1986; Robinson and Bell, 1978). We do not anticipatethis patternbased on social class to hold true for blacks. Othershave found comparativelyaffluentand highlyeducated blacks take a dimmerview of theiropportunities, theirabilityto shape theirown desthan are less well-offblacks tinies,and to be more cognizantof discrimination (Gay, 2004; Hochschild, 1995). Based on previousstudies,we expect blacks' socioeconomicstatusexertsa minoreffect,if any, on theirperceptionsof the Americandream. If even blacks who have succeededin the United States are to close the gap pessimisticabout the Americandream,thenit will be difficult in optimismbetweenblacks and whites. We are also interestedin whethermaritaland familystatusis associated with respondents'perceptionof theirprogresstoward the Americandream, and whetherthe association is uniformfor all racial and ethnicgroups. The image of a happy familygatheredaround the hearthis, forsome, the embodimentof the Americandream. On objectivemeasures,marriedcouples are less likelyto be in poverty,have longerlifeexpectancies,and are more likelyto be homeowners (Astone and McLanahan, 1991; Brown and Booth, 1996; Popenoe, 1993). Some scholarshave linkedlifeoutcomesand lifesatisfaction forblacks and Latinos to a strongfamilynucleus,leadingus to anticipatethat for Latinos and blacks in particular,perceptionsregardingthe American dream are correlatedwithfamilystructure(Clark, 1984; Garcia, 2003; Parillo, 1991; Rumbaut, 1997). statusto be strongly Finally,regardlessof race, we expecthomeownership associated with opinions regardingthe American dream above and beyond othermeasuresof materialwell-being.We also anticipatefinancialanxietiesto depressconfidencein the Americandream. Equity in owned homes and subsidies forownershipembeddedin the U.S. tax code have made homeownership a source of economic securityand a significantsource of intergenerational mobility.Homeownershipalso conveys social status- a sign that one "has made it." For some, homeownershipconstitutesthe American dream itself (Hughes and Zimmerman,1993). We expecthomeowners'greaterfaithin the Americandream to operate independently of other demographictraits,such as income or gender(Hayden, 2002) and regardlessof neighborhoodquality (Reid, 2007). If so, homeownershipmay serve as a great booster,smoothing racial and ethnicgroup opiniondifferences regardingtheAmericandream. about theirfinancialsecuritymay Conversely,individualswho are fretful be hesitantabout claimingto have achievedtheAmericandreamand less confidentof doing so someday. In the U.S. capitalistsystem,financialsecurity may have a close association with the American dream (Feagin, 1972; Haveman and Smeeding,2006; Huber and Form, 1973; Kluegel and Smith, 1986). Conversely,individualsfearfulabout theirfinancialsecurityare likely This content downloaded from 64.71.84.117 on Sun, 07 Feb 2016 04:32:18 UTC All use subject to JSTOR Terms and Conditions CantheAmerican Dream theNewMultiethnic Survive America? 831 to feelgreaterpessimismabout fulfilling theirdreams.As homeownership may boost hopefulness,financialworriesmay depressfaithin the Americandream. We doubt any particularracial or ethnicgroup would be immuneto these influences. DATA To determinethe relationshipbetweenrace and the Americandream we use a surveyconductedin 2007 by researchersat Loyola MarymountUniversity'sLeavey Centerforthe Studyof Los Angeles.Markingthe 15thanniversaryof the 1992 Los Angelesriots,pollstersinterviewed1,651cityresidentsby telephoneon such topics as the politicalreformsinstitutedin responseto the and mattersof public policy.As riots,race and ethnicrelations,immigration, part of the poll, Los Angeles residentswere asked if they had reached the Americandream or if theybelievedtheywould do so someday. Respondents were drawn froman ethnicallyand raciallystratified sample of listedresidential telephoneexchanges.As is the case in many U.S. urban areas, highlevels of ethnicand racial separationcharacterizemost of Los Angeles' residential survey samplingdesignensureda representative neighborhoods.The stratified of opinionamong the city'sracial and ethnicgroups(Barretoet al., 2006). DependentVariables We derive our dependentvariables fromthe followingsurveyquestion: "With regardto the Americandream,do you thinkyou have alreadyreached it, will reach it in the futureor will not reach it any time in your lifetime?" Our firstdependentvariable is a dichotomousmeasurewe code 1 forrespondentswho answered"have alreadyreachedit" and 0 for others.For our second dependentvariable,we examineonlyrespondentswho feelthat theyhave not yet reached the Americandream. We code as 1 those respondentswho affirmthat they will reach the American dream in their lifetimeand as 0 respondentswho doubt theywill do so. IndependentVariables Our main independentvariables of interestare four dichotomousvariof the respondent.To betterisolate ables that account for the race/ethnicity the effectsof race and nativityon perceptionsof the Americandream,we also include controlsfor age, income, education, sex, and employmentstatus,as well as several othercontrolsincludingfamilystatus (maritalstatus,number of children).We also controlfor forward-looking opinions,includingrespondents' fears about theirpersonal safety(expectationsabout fallingvictimto This content downloaded from 64.71.84.117 on Sun, 07 Feb 2016 04:32:18 UTC All use subject to JSTOR Terms and Conditions 832 Cohen-Marks andStout gang violence) and theirfinancialoutlooks (expectationsregardingthe adequacy of theirretirement savings,theirplans to purchase a home, and their worriesabout themselvesor a familymemberlosing a job). In addition to individualdemographictraitsand opinions,we considerthe respondents'residentialcontext(levels of crimein theirzip code, medianhousingvalue in their Census tract,and percentminoritiesin theirCensus tract).6 METHODOLOGY We createtwo sets of logitregressionmodels forour two dependentvariables. Our initialset of regressionsincludesthe entiresample of respondents so that we may make comparisonsacross racial and ethnicgroups.With this of respondentswho reporthaving sample,we firstconsiderthe characteristics achievedthe Americandream. Our second logitregressionenables us to idenof those who have not yet achieved the Americandream, tifycharacteristics but remainoptimisticthat theywill someday.In the second logit analysis,we excluderespondentswho alreadybelievethattheyhave achievedtheAmerican dream. We then replicatethese two initialregressionmodels for each of our fourracial and ethnicgroups.Whereas our initialanalysesenable us to make statisticalcomparisonsbetweenthe racial and ethnicgroups,thissecond set of analysesrevealscharacteristics likelyassociatedwiththe beliefin theAmerican dreamwithineach of the racial or ethnicpopulations. Because the substantivemeaningsof logitcoefficients are difficult to interwe performa postestimationanalysis for pret beyond sign and significance, each regressionmodel. Here, we measurethe changein the dependentvariable when the independentvariable of interestchangesfromits minimumvalue to its maximumvalue, holding all othervariables at theirmean (see Long and Freese,2001). RESULTS Table I displays the percentof respondentswho believe that theyhave already achieved the Americandream, will reach the Americandream, and individuals who believe that they will never achieve the American dream, Consistentwith previousstudies on this disaggregatedby race or ethnicity.7 topic (Hochschild, 1995), the resultsin Table I indicate that whitesare the most likelyto believe theyhave achieved the Americandream, followedby Asian Americans.As we expected,blacks tendto be the least likelyto say that theyhave achievedthe Americandream. 6 Seethe forcoding oftheindependent variables. Supplemental Appendix SeetheSupplemental formoreinformation ontheaverage andmedian Appendix age,income, andeducation ofrespondents whobelieve thatthey reachtheAmerihave,will,orwillnever candream disaggregated byraceorethnicity. This content downloaded from 64.71.84.117 on Sun, 07 Feb 2016 04:32:18 UTC All use subject to JSTOR Terms and Conditions 833 America? Dream Survive theNewMultiethnic CantheAmerican theAmerican WhoBelieve ThatTheyHaveReached ofRespondents TableI. Percent Dream, DreambyRace/Ethnicity orWillNever ReachtheAmerican WillReachtheAmerican Dream, Variable Whites Blacks Latino dream reached American Already dream WillreachAmerican dream Willnever reach American 48.35% 19.17% 32.48% 21.75% 46.63% 31.62% 24.34% 64.07% 11.59% AsianAmerican 29.50% 45.68% 24.82% Asian Americansand Latinos, the two groupswiththe highestimmigrant populations,are the most optimisticabout theirchances of one day achieving the Americandream.Whereasabout one-thirdof blacks and whiteswho have not reachedthe Americandream doubt thattheyeverwill,fewerthan a quarter of Asian Americanslack faiththat theywill eventuallyreach that milestone. Latinos stand out for their optimism regardingtheir chances of reachingthe American dream. Latinos are almost six times more likelyto believe they will eventuallyachieve the American dream if they have not alreadythan theyare to doubt everdoing so. The resultspresentedin Table I suggestthat race and ethnicityplay a powerfulrole in shapingindividualattitudestowardsthe Americandream.To are not merelyartificesof sociodemographicdifferensure these differences ences among the racial and ethnicgroups,particularlyincome,education,and nativitystatus,we employ logisticregressionanalysis to isolate the effectof of respondentson theirbeliefsin theAmericandream. the race and ethnicity Table II displaystwo sets of logit regressionmodels. Model 1A summarizesthe resultsforthose who believetheyhave alreadyreachedthe American dream,and Model IB summarizesthe resultsfor those who expect to reach the Americandream in the futureif theyhave not already. The resultsdisplayed for Model 1A affirmthe powerfulimpactof racial and ethnicidentity less likely than on outlooks. Blacks and Asian Americans are significantly whitesto believe they have achieved the American dream. For blacks, this resultis expected. However, it is noteworthythat Asian Americansare less satisfiedwiththeirlifeachievementsgiventheirhighlevelsof incomeand edumore confidentthan cation. Also noteworthyis that Latinos are significantly whitesto believethattheyhave reachedthatmilestone,holdingothervariables constant. Figure 1 displaysthe postlogisticregressionpredictedprobabilitiesforsigbetween nificantvariablesin the models. The figureillustratesthat differences but the racial and ethnicgroups are not only statisticallysignificant, are also substantialin magnitude.Asian Americansand blacks are almost 10% less likelythan whites to believe that they have achieved the Americandream, holding other variables at their mean. Conversely,Latinos are 23% more likelythanwhitesto believethattheyhave achievedthe Americandream.Citizenship status also appears to temperone's views of life achievement,with those who have yet to attain Americancitizenship10% less likelyto believe thathave achievedthe Americandreamthan others. This content downloaded from 64.71.84.117 on Sun, 07 Feb 2016 04:32:18 UTC All use subject to JSTOR Terms and Conditions 834 Cohen-Marks andStout TableII. LogitRegression Whether Perceives Achieved the (A) Respondent Predicting Having American Dreamor (B) If Not,Respondent Believes He or SheWillAchieve theAmerican DreamDuring HisorHerLifetime Variables Race Black Latino AsianAmerican SES & Sociodemographic Age Income Education Divorced/separated Married 1-2children 3+ children Female Unemployed Mortgage Homeowner Status Citizenship Noncitizen Naturalized citizen Perceptions ofFuture Plantobuyhome Retirement savings Jobsecurity Gangfear Residential Context Crime inzipcode Median homeprice Census tract Minority Constant Observations LR chi-square А HaveReached American Dream В WillAchieve American DreaminLifetime -.572(.243)** .616(.276)** -.560(.288)* .217(.271) .528(.358) -.134(.362) .029(.006)*** .013(.002)*** .036(.028) .093(.062) .286(.186) -.441(.187)** -.064(.280) .268(.150) -.061(.045) .564(.215)*** .650(.173)*** -.045(.007)*** .004(.003) .037(.034) .053(.070) -.075(.205) .030(.201) -.024(.313) .407(.167)** -.024(.052) .322(.208) .049(.153) -.594(.295)** .299(.255) .784(.351)** .619(.337)* -.320(.193) -.572(.110)*** -.242(.102)** -.036(.078) .634(.221)*** -.288(.126)** -.040(.112) .085(.090) .000(.000) .000(.000) .157(.113) -2.469(.757)*** 1,245 328 .000(.000) -.000(.000) .119(.131) 1.626(.884)* 890 154 at .10;**significant at 05; ***significant at .01.Standard ♦Significant errors arein parentheses. Comparison/excluded whites, renters, males, groups: Rs,single Rs,Rs withno child, employed citizens. In additionto race and nativity,severalotherfactorsappear relatedto a respondent's belief that he or she has achieved the American dream. The resultsconfirmthe strongassociation betweenhomeownershipand the Americandream.8Those who own theirhome outrightare 13% more likely to believe that they have achieved the American dream than are renters. Mortgage-holdersare about 12% more likelyto believe they have achieved that Americandream than are renters.Perceptionsof life achievementsalso seem to be powerfullyshaped by time. Residentsin theirgolden years- the is a strong oftheAmerican Homeownership TableС intheSupplepredictor dream; however, mental showsthatwhenthehomeownership variables areexcluded Appendix from thefull model theresults do notsignificantly change. This content downloaded from 64.71.84.117 on Sun, 07 Feb 2016 04:32:18 UTC All use subject to JSTOR Terms and Conditions America? theNewMultiethnic Dream Survive CantheAmerican 835 theAmeriachieved whoreport for(A) respondents having probabilities Fig.1. Predicted dream. reachtheAmerican willeventually whoreport and(B) respondents candream they are variables in which all otherindependent arepredicted Notes : Min-max probabilities thedifferismeasured variable inthedependent heldatthemeanandthechange bytaking valuetoits itsminimum itfrom ischanging ofinterest variable theindependent encewhen maximum. - are 42% more likelyto reporthavingreachedthe Amerioldest respondents can dreamthan are the youngestrespondents. An individual'sassessmentof whetherhe or she has achievedthe American dream also appears tightlylinkedwitheconomicfactors.Income is highly correlatedwithperceptionsof achievementof the Americandream. Angelinos withthe highesthousehold incomesare 50% more likelyto believethat they have achieved the Americandream than are the poorest respondentsin our data set. Economic insecuritiesalso exerta stronginfluenceon respondents' degree of satisfactionwith theirprogressin achievingthe Americandream. Those least confidentabout the adequacy of their retirementsavings were 22% less likelyto believe theyhad reached the Americandream, and those expressingconcern about job securityof household memberswere 9% less likelyto believethattheyhave achievedthe Americandream. related to an individual's None of the other variables were significantly beliefthathe or she will reach the Americandream.We wereparticularlysurprisedthatto the extentfamilystatusplays any predictiverole,the association is negative.Respondentswithone or two childrenare 7% less likelyto believe that theyhave achievedthe Americandream than those withno children.We focusnexton those whom- thoughtheydo not yetfeeltheyhave reachedthe Americandream- remainoptimisticthattheywill do so someday. The resultshighlightedin Table II under Model IB exclude those who reportedthat theyhave reachedthe Americandream and indicatethe characteristicslikelyto be possessed by the steadfastoptimists.The predictedprobabilitiesfromthisestimationare displayedin Fig. 1. This content downloaded from 64.71.84.117 on Sun, 07 Feb 2016 04:32:18 UTC All use subject to JSTOR Terms and Conditions 836 andStout Cohen-Marks Aftercontrollingforseveralvariables,includingage, income,and citizenship status, we see no significantdifferencesbetween the racial and ethnic betweenthe racial groups groups.The resultssuggestthatthe large differences I to some other factor.This in Table could be attributed that we observed in the United States will not indicates that racial resultalso diversity growing have long-termconsequenceson adherenceto the Americandream. Nativity,however,is stronglypredictive.Respondentsborn outside the United States appear to be the most optimisticabout theirchances of eventually achievingthe Americandream. Noncitizensare 14% more likelyand naturalizedcitizensare 11% more likelyto believetheywill achievethe American dream than are native-borncitizens.These resultsprovidenothingto indicate that new immigrants have weakenedthe Americandream's gripon the imagination of a demographically America. transforming Only a handfulof variables are correlatedwith respondents'beliefsthat theywill achieve the Americandream if theyhave not already reached that milestone.Age- positivelyassociated witha respondent'sbeliefthathe or she has already reached the American dream- is negativelyassociated with an individual'sbeliefthathe or she will reach the Americandream if the individual has not done so yet. Pessimismreignsamong the oldest respondentswho have not achieved the Americandream. They are a whopping65% less likely than the youngestrespondentsto believe that theywill reach the American dreamin the future. Respondentswith higherlevels of education are more optimisticabout the possibilityof achievingthe Americandream in theirlifetime,with a 9% spread betweenthe most highlyeducated and the least educated. In lightof persistentgender inequalitiesin the United States, we were surprisedthat women are more likelythan men to believethat theywill achieve the American dream, a differenceof approximately7% holding all other variables at theirmean. Confidencein the Americandream is also associated withothermeasures of confidencein the future.Rentersplanningto become homeownerswithin the year are 11% more likelythan otherrentersto expect theywill someday achieve the Americandream. Respondentswho are skepticalabout the adequacy of theirretirement savingsare the mosthesitantto believethattheywill achieve the Americandreamin theirlifetime. Our focus in this initialanalysis on the generalpopulation has given us the opportunityto examine the differencesbetweeneach racial and ethnic group. Using the same dependentvariables,we shiftnow to an inspectionof differences withineach racial and ethnicgroup. Given the contentiousdebate over immigrationin recentyears, we are particularlyinterestedto findthat naturalizedLatinos are 12% more likelyto believe theyhave achieved the Americandream than U.S. -born Latinos. The resultsin Table III and Fig. 2, whichpresentcorrespondingpredictedprobabilities,suggestthat Latinos who become citizenstake a lot of pride in this achievement.Citizenshipstatushad no recognizableimpactforothergroups. This content downloaded from 64.71.84.117 on Sun, 07 Feb 2016 04:32:18 UTC All use subject to JSTOR Terms and Conditions 837 America? theNewMultiethnic Dream Survive CantheAmerican Reached Perceives Whether TableIII. LogitRegression Already Having Respondent Predicting theAmerican DreambyRaceorEthnicity Variables Black AsianAmerican White Latino .024(.012)** .041(.014)*** .027(.012)* .020(.014) Age .024(.006)*** .012(.004)*** .013(.004)*** .011(.005)* Income .030(.059) .095(.065) .039(.054) .066(.069) Education -.004(.219) .102(.132) .192(.131) Divorced/separated .149(.120) .454(.347) .391(.388) .681(.483) -.153(.427) Married -.373(.345) .239(.422) -1.249(.502)** -.694(.400) 1-2children -.244(.448) -.810(.862) .031(.806) .373(.570) 3+ children .175(.295) .846(.302)*** -.259(.349) .079(.340) Female .899(.414)** .850(.343)* .875(.431)** .197(.379) Mortgage -.309(.499) -.368(.562) -.073(.136) -.066(.078) Unemployed 1.010(.462)** 1.440(.532)** .464(.495) .349(.490) Homeowner Status Citizenship -.904(.708) -1.391(1.062) -.353(.462) Noncitizen (a) .672(.407)+ -.521(.759) -.163(.658) .291(.903) citizen Naturalized ofFuture Perceptions -.488(.311) -.341(.451) -1.049(.550) .287(.410) Plantobuyhome Retirement savings -.622(.244)** -.630(.226)*** -.766(.262)*** -.514(.219)* -.304(.209) -.110(.239) -.415(.218) .004(.213) Jobsecurity .169(.152) -.138(.199) -.055(.156) -.119(.172) Gangfear Context Residential -.000(.000) -.000(.000) .000(.000) .000(.000) inzipcode Crime .000(.000) .000(.000) -.000(.000) Median homeprices .000(.000) .004(.184) .070(.352) -.085(.203) tract .042(.312) Census Minority -4.38(1.804)**-1.600(1.618) -3.189(1.964) -2.069(1.581) Constant 347 236 327 312 Observations 80.36 80.8 76.45 81.95 LR chi-square at .01. at05;***significant at .10;**significant *Significant torunanalysis. ofrespondents number (a) Insufficient Rs, areinparentheses. males, errors renters, Notes : Standard single groups: Comparison/excluded citizens. nochild, Rswith With the exceptionof AfricanAmericans,age is positivelylinked with satisfactionwith having achieved the Americandream. For whites,age is a particularlyrobustpredictor.Holding othervariablesat the mean, the oldest whitesin the sample were 62% more likelyto believe theyhave achieved the Americandreamthan the youngestwhitesin the sample. Income is also stronglyrelated to perceptionsof reachingthe American dream forall racial and ethnicgroups,particularlyforblacks. Counterto our expectations,income is stronglyand positivelyassociated with blacks' assessment of theirlife achievements.Blacks with the greatestincomes are 77% more likelyto believetheyhave achievedthe Americandream than are blacks with the smallest incomes. Although income is a positive predictorof the Americandream forall groups,anxietyabout retirement savingsis negatively correlatedwithrespondents'perceptionsthattheyhave achievedthe American dream,regardlessof race or ethnicity. Despite the many similaritiesamong racial and ethnicgroups,thereare Blacks withone or two childrenin the household differences. some noteworthy This content downloaded from 64.71.84.117 on Sun, 07 Feb 2016 04:32:18 UTC All use subject to JSTOR Terms and Conditions 838 Cohen-Marks andStout forrespondents whobelieve haveachieved theAmeriFig.2. Predicted probabilities they candream byracialandethnic group. Notes : Min-max arepredicted in which all otherindependent variables are probabilities heldatthemeanandthechange inthedependent variable ismeasured thedifferbytaking encewhen theindependent variable ofinterest ischanging itfrom itsminimum valuetoits maximum. are less likelyto believe they have achieved the American dream than are blacks withoutchildrenat home. This resultcountersour expectationthat blacks with familieswould have a more sanguine outlook of the American dream.However,thisresultcould be based on theadditionaleconomicburden thatchildrenplace on black householdsas theseare more likelyto face financial strain.As forhomeownership, blacks, whites,and Latinos who own their homes outrightare more likelyto believe they have reached the American dreamthan theircounterparts who rent.Whitesand Asian Americanscarrying a mortgageon their homes are also more likely to believe that they have reachedtheAmericandreamthan theirracial counterparts who rent.For most did not account for differences in views of the American groups,gender large dream. However, Asian-American femaleswere 16% more likelyto believe theyhave achievedtheAmericandreamthan theirmale counterparts. As we foundthatnaturalizedcitizensweremorelikelyto believethatthey have achieved the Americandream in Table III, the resultsin Table IV indicate thatnativitystatusalso tempersone's beliefthatthe Americandreamwill be achieved in the future.Among Latinos and Asian Americans,citizenship status remainsa strongpredictorof optimismabout someday achievingthe Americandream.NaturalizedAsian Americansare 35% more likelyto believe that theywill achieve the Americandream than native-bornAsian Americans. Latinos who are noncitizensare 11% more likelyto believe that they will reach the Americandreamthan native-bornLatinos. Just as respondentsof different ethnicitieswho believe that they have reachedtheAmericandreamsharecommontraits,thoseconfident thattheywill This content downloaded from 64.71.84.117 on Sun, 07 Feb 2016 04:32:18 UTC All use subject to JSTOR Terms and Conditions 839 America? CantheAmerican Dream Survive theNewMultiethnic Reached theAmerican WhoHaveNotAlready TableIV. Among Dream,Logit Respondents theAmerican DreamDuring Lifetime Individual ofReaching Regression Predicting Expectations Disaggregated byRaceandEthnicity Variables Independent Black AsianAmerican White Latino -.044(.012)*** -.058(.014)*** -.082(.021)*** -.066(.020)*** Age .002(.008) .006(.006) .002(.007) Income -.002(.006) .102(.066) .239(.104)** .073(.090) Education -.009(.070) .103(.317) .511(.171)** .196(.209) Divorced/separated -.085(.107) -.045(.473) 1.023(.532)* -.076(.584) Married -.188(.385) .692(.518) -.348(.604) -.237(.467) 1-2children -.183(.347) .157(.632) -.004(.564) -.064(.918) (a) 3 + children 1.206(.436)*** -.084(.514) .084(.348) .510(.299)* Female -.241(.608) -.395(.526) -.486(.743) -.035(.256) Unemployed 1.96(.771)** .449(.501) .234(.440) .491(.384) Mortgage .402(.962) -.324(.684) -.487(.702) .258(.440) Homeowner Status Citizenship -.493(1.266) 1.525(.682)** 1.150(.879) Noncitizen (a) -.055(1.084) 1.014(.665) 1.44(.864)* .622(.827) citizen Naturalized ofFuture Perceptions 1.302(.494)*** .764(.701) .893(.383)** -.271(.561) Plantobuyhome -.203(.253) -1.183(.456)*** -.599(.362)* Retirement savings -.217(.222) .096(.324) -.106(.351) -.071(.253) -.142(.185) Jobsecurity .883(.300)*** .237(.221) .365(.202)* -.167(.164) Gangfear Context Residential -.000(.000) -.000(.001) .000(.000) .000(.000) inzipcode Crime .000(.000) .000(.000)* .000(.000) homeprice -.000(.000) Median -.241(.214) -.138(.309) -.043(.224) tract .063(.248) Census Minority 4.639(1.746)*** 2.621(1.675) 1.807(2.231) 2.343(2.113) Constant 258 118 226 246 Observations 42.21 41.23 55.66 40.32 LR chi at .01. at05;***significant at .10;**significant *Significant torunanalysis. number ofrespondents (a) Insufficient areinparentheses. Rs, errors males, Notes'. Standard renters, single groups: Comparison/excluded Rswith nochild, Rs,citizens. employed whereasolder eventuallydo so also have much in common. Not surprisingly, that to believe they have respondentsof all ethnic groups are more likely all achieved the Americandream,youngerrespondentsof groups expressthe dream if theyhave American greatestoptimismabout eventuallyachievingthe withpercepcorrelated not already.Once again, age was particularlystrongly the with tions of the Americandream for whiterespondents, youngestwhite the American will achieve that they respondents90% more likelyto believe in the whites dreamin theirlifetimethantheoldest sample.Youngerblacks are about blacks much more optimisticthan older believingthat theywill achieve lifetime theAmericandreamin their but,sadly,theyare not as optimisticas the ethnicgroups.Black and Latino females or racial youngestrespondentsin other of achievingthe Americandreamthan chances their are more optimisticabout 11% morelikelyto believethatthey are females Black theirmale counterparts. thanare black males. lifetime in their dream American willachievethe are more likely white to With regard homeownership, mortgage-holders one day. dream American the achieve will to believe than whiterenters they This content downloaded from 64.71.84.117 on Sun, 07 Feb 2016 04:32:18 UTC All use subject to JSTOR Terms and Conditions andStout Cohen-Marks 840 Black rentersplanningto purchase a home withinthe year were 18% more likelythan black renterswho did not plan to purchasea home to believethey would someday achieve the American dream. Latinos expectingto become homeownerswere 10% more likelyto believethattheywill achievethe American dreamthan otherLatino renters. Fear of gang violence is also correlatedwith Asian Americans' and whites'optimismabout achievingthe Americandream. This resultis intriguing and somewhatsurprisinggiven that blacks and Latinos in Los Angeles tend to live in neighborhoodswith higher levels of violent crime (Travis, 1999). However,because whitesand Asian Americansmay be generallyinsulated fromgang violence,this resultmay be based on heightenedfearsof the unknown. Both whitesand Latinos who wereworriedabout theirretirement savings were skepticalof theirabilitiesto achieve the Americandream. This variable had a particularlystrongimpact for Latinos. Latinos who were most concernedabout theirretirement were 80% less likelyto believethat theywould reach the Americandream than theircounterpartswho feltsecureabout their retirement. Among Asian Americans,unmarriedrespondentshave less confidencein eventuallyachieving the American dream than their marriedcounterparts. Married Asian Americans are 30% more likely to believe that they will achieve the Americandream than singleAsian Americans.Surprisingly, even Asian Americanswho are divorced or separated believed themselvesto be more likelyto achieve the Americandream than singleAsian Americans.No otherracial or ethnicgroup's view of the Americandream was influencedby the familyor marriagevariables. Finally, whiteswho have higherlevels of educationand live in areas withhighermedianhome values are most optimistic about theirchances to achievethe Americandream. DISCUSSION Our findingsunderscorethe powerfulassociation race, ethnicity,and nativityhas with respondents'estimationsof theirachievementor prospects. Latinos constitutethe vast majorityof Los Angeles' foreign-born population, and our findingsfor this group are heartening.Latinos are significantly more likely than whites,holding several variables constant,to believe they have achieved the Americandream. It is also noteworthythat noncitizenLatinos are less likelythan native-bornLatinos to have fulfilled theirAmericandream but more optimisticthat theywill do so someday.Foreign-bornLatinos who have takenthe significant step of pledgingtheirallegianceto the United States and becomingU.S. citizensare more likelythan even native-bornLatinos to perceivehavingreachedthe Americandream. It remainsto be seen whetherrecentgrowthin the U.S. Latino population stimulatesrenewalof the Americandream or proves to be a short-lived This content downloaded from 64.71.84.117 on Sun, 07 Feb 2016 04:32:18 UTC All use subject to JSTOR Terms and Conditions CantheAmerican Dream Survive theNewMultiethnic America? 841 cohort effect.Still, that Latinos' assessmentof theirprogressor prospectsin achievingthe Americandream exceeds that of all other racial/ethnicgroups does not supportthe fearsraised by Huntington(2004a) and othersthat the growthof the Latino populationthreatenswidespreadallegianceto America's most deeply-cherished ideals. Research based on subsequent surveyscould revisitour findings.Examiningdifferences fruitfully among Latinos by generation and national-origin useful.9 groupwould be particularly Asian Americans,the second fastestgrowingpopulation in the United States, are notably pessimisticabout the American dream. While Asian Americanshave on average higherlevels of income and education than all less likely to believe other racial and ethnic groups, they are significantly that they have achieved the American dream. Moreover, Asian Americans are largely first-and second-generationAmericans. Thus, we expected to observehigherlevels of optimismabout the Americandream as we did with the Latino population. This unexpectedresult provides fertileground for futurescholarship.Why are Asian Americans,a group that includesa large immigrantpopulation and is often considered the model minorityin the United States, less likely to believe that they have achieved the American dream? One possible explanationfor this unexpectedresultcould lie in socialization that takes place in Asian-Americanfamilies.Accordingto some scholars, those in the second and thirdgenerationoftenencounterpressurefromtheir parentsto neverbe satisfiedwith theirsocioeconomicstanding(Goyetteand Xie, 1999; Peng and Wright,1994), and thiscould primeAsian Americansto feel they have not achieved their full potential regardlessof theirmaterial accomplishments.Another possibilityis that like middle-classblacks, Asian Americansperceivethat theiropportunitiesfor success are constrainedby a 10 glass ceiling(Woo, 1994). The reasons whyAsian Americansare less apt to believethattheyhave achievedthe Americandreamposes an interesting paradox we leave to futureresearchersto unravel. Like Hochschild(1995), we findthat despitethe objectivegains blacks as a group have made in the United States,theyremainthe least likelyto believe thattheyhave achievedthe Americandream.Among our most troublingfindings is that blacks remainless likelythan whitesto believetheyhave reached the Americandream.Of even greaterconcern,youngerblacks are less optimistic about theirprospectsthan other racial or ethnicgroups. Given parents' societal values to theirchildren,it is also disheartening role in transmitting that blacks with childrentend to be more pessimisticabout the American dream. 9 Ourdatado notallowustoexamine TableD intheSupplemental however, effects; generation and residents thatevenwhen shows (second generation onlynative-born considering Appendix theAmerican haveachieved tobelieve thanwhites arestillmorelikely Latinos they beyond), dream. ofsocialandeconomic ourdatado notallowustomeasure opporperceptions Unfortunately, thisshortcoming. studies address Wehopethatfuture States. intheUnited tunities This content downloaded from 64.71.84.117 on Sun, 07 Feb 2016 04:32:18 UTC All use subject to JSTOR Terms and Conditions 842 Cohen-Marks andStout forrespondents whobelieve willachieve theAmerican Fig.3. Predicted probabilities they dream iftheyhavenotalready Notes : Min-max arepredicted byracialandethnic group. inwhich allother variables areheldat themeanandthechange probabilities independent in thedependent variable is measured thedifference whentheindependent bytaking variable ofinterest ischanging itfrom itsminimum valuetoitsmaximum. Some comfortmay be derived from the fact that blacks are no more discouraged about their futureprospects than are whites. In contrast to Hochschild (1995), moreover,we find more affluentblacks and those who own theirown homes possess considerablyrosierviews of theirachievements than do less well-offblacks. These resultssuggestthat if blacks continueto realize materialsuccess,theymay eventuallybe as likelyas whitesto believe thattheyhave achievedthe Americandream. differences in racial and ethnicgroups' satisNotwithstanding significant factionregardingtheirachievements,we findthat membersof all racial and ethnicgroupsare equally optimisticthattheywill achievetheAmericandream in the future,controllingforseveralfactors.This generaloptimismrevealsthat the Americandreamcontinuesto exerta powerfulhold in theAmericanimagination,regardlessof color or hue. Moreover,our resultssuggestthatpopulation diversityin the United States, driven most recentlyby the arrival of immigrantsfrom Asia and Latin America and their native-bornchildren, could renewratherthan diminishwidespreadallegianceto the ideologyof the Americandream. This is not to suggestthat all is well. Those who fretabout the size of theirnest eggs could be the canariesin the coal mine. Individualswho feared about theireconomic futurewere universallyless likelyto believe that they have achieved the Americandream. Moreover,homeownership'sstrongrole in promotingfaithin the Americandream may prove to be a double-edged sword if the widespreadequitydeclines,defaults,and foreclosuresthat began around the timepollsterswere fieldingthe Los Angeles surveycontinue.The ramifications could be particularlyseriousfor Latinos and blacks, the groups This content downloaded from 64.71.84.117 on Sun, 07 Feb 2016 04:32:18 UTC All use subject to JSTOR Terms and Conditions America? theNewMultiethnic CantheAmerican Dream Survive 843 most likely to lose their homes when the housing bubble collapsed (Ojeda et al., 2009). We are encouraged,though,that neitherimmigrationnor the growing to erode the racial and ethnicdiversityof the United States seem sufficient all Americandream. 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