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Ronald Reagan
Is the American dream really dying?
Is the American dream really dying?

Sen. Ted Cruz of Texas, who's running for the Republican presidential nomination, issued a stark warning recently. "Today, for the first time in history, a majority of Americans believe that our kids will have a worse life than we do," Cruz told conservatives in South Carolina. "That has never been true in the history of America until this instant, right now — maybe the most un-American idea you can imagine." Cruz is right that Americans are in a pessimistic mood. An NBC-Wall Street Journal poll last year found that only 21% said they were confident that life would be better for their children's generation; 76% said the opposite. But Cruz is wrong on...

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