Most Americans can’t afford even a ‘minimal quality of life’ anymore, depressing new study finds

The American dream is slipping away.

Most US citizens no longer enjoy “a minimal quality of life” due to skyrocketing costs, a depressing new study has uncovered.

Ludwig Institute for Shared Economic Prosperity conducted research into the economic well-being of the country’s residents, defining “minimal quality of life” as the ability to pay for a “basket of American dream essentials”: housing, food, transportation, clothing, medical costs and basic leisure expenses.