Can the American Dream Survive the New Multiethnic America? Evidence from Los Angeles¹

Drawing from a survey conducted in Los Angeles, we examine perceptions of achievement and optimism about reaching the American dream among racial, ethnic, and nativity groups. We find blacks and Asian Americans less likely than whites to believe they have reached the American dream. Latinos stand out for their upbeat assessments, with naturalized citizens possessing a stronger sense of achievement and noncitizens generally optimistic that they will eventually fulfill the American dream. We discuss patterns of variation between the racial and ethnic groups as well as variation within each group. Notwithstanding interesting differences along lines of race, ethnicity, and nativity, we find no evidence that the nation’s changing ethnic stew has diluted faith in the American dream .