"The American Dream is dead." That’s the provocative headline that blared across dozens of media outlets, online and off, accompanying Suze Orman’s book tour for her latest release, "The Money Class." The line, which did its job of commanding the attention of the press, belies a core message of the book as reflected in its subtitle: "Learn to Create Your New American Dream."
Read "The Money Class" and you’ll see — Orman’s message is less that the American Dream is dead, and more accurately as something like the American Dream is molting. It’s dead or dying — but dying in order that a new dream can be born, Orman argues.
Orman sets the book up by quoting stats and trends to make her case that the dream is dead. And that’s not hard to do — rampant unemployment, foreclosure and bankruptcy rates at the end of last year, when the book was written, were all at all-time or lifetime record highs.