Is the American Dream Still Alive?

I have heard a lot of discussion lately about what has become of the American Dream. On a recent Sunday morning news show, the panelists were asked what they thought was the American Dream. They were asked if they believed the current economic situation had changed the American Dream. Their answers were disappointing, to put it mildly.In one of President Obama's weekly news address in June, he described what he believed Americans thought of the American Dream. Click here to watch the complete address.

"They aren't asking for much, they are just looking for a job that covers their bills. They're looking for a little financial security. They want to know if they work hard and live with in their means, everything will be alright. They'll be able to get ahead and give their kids a better life.That's the dream each of us have for ourselves and our families." - Barack Obama June 2011

This is not what I tell my kids is the American Dream. When my daughter says she wants to become a surgeon or wants to develop phone applications or wants to have a million dollars, I tell her anything is possible if she is willing to work hard. I tell her many people still come to our country from all over the world because they believe it is still possible for anyone to become the next Bill Gates.

I believe the American Dream is still alive in most of us but I do think it is in jeopardy when the leader of our country believes we all strive to just get by. 

What does the American Dream mean to you?