The Greenlining Institute’s
17th Annual Economic Summit
Rebuilding the American Dream

Friday, April 9, 2010
Downtown Los Angeles

The American Dream is perceived as a promise of prosperity for all citizens. The American Dream is the opportunity to raise one’s standard of living without the restrictions of class, religion, race, or ethnic group. According to the dream, this includes the opportunity for one’s children to grow up and receive an adequate education, own a home, and live a healthy life.

During the Presidential campaign of 2009, then candidate Obama stated during a speech entitled Reclaiming the American Dream, “Americans share a faith in simple dreams. A job with wages that can support a family. Health care that we can count on and afford. A retirement that is dignified and secure. Education and opportunity for our kids. Common hopes. American dreams.”

The thought that anyone can achieve what Mr. Obama was referring to defines the consummate American story and has served as the beacon of hope and prospect of upward mobility for Americans across many generations.

And though that promise still rings true today, we know that the American Dream for communities of color has been and continues to be elusive.

Today, the cost of higher education is skyrocketing. Homeownership levels are dropping due to foreclosures. Entrepreneurship is suffering due to the lack of credit for small businesses. A worsening state budget threatens to cut vital services to people that need them most. Finally, too many people remain unemployed despite the proclamation that the “recession is over.”

Join us on April 9th in Los Angeles as we discuss how we nurture new and capable leaders to Rebuild the American Dream. We will discuss current efforts that aim for a more responsive and effective government. We will discuss the need for responsible corporations to be partners in win-win efforts.

Given the current crisis, it is time to rethink what once had a greater meaning; we need to Rebuild the American Dream.