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Andrew Yang Podcast

Is the American Dream DEAD? The Real Reason You Can’t Get Ahead

Andrew Yang Podcast

Andrew Yang & Audacy

Society & Culture

4.83.2K Ratings

🗓️ 3 March 2025

⏱️ 51 minutes

🧾️ Download transcript

Summary

For most of American history, if you didn’t like your circumstances, you could move somewhere new and reinvent yourself — but that freedom has been slowly stripped away. In this episode, historian and journalist Yoni Appelbaum uncovers how zoning laws, segregation, and discriminatory policies have made mobility a privilege of the wealthy, trapping generations in poverty. Cutting through a century of myth, he reveals how we got here — and how we can get moving again.

Watch the episode on YouTube

Get your copy of Stuck: How the Privileged and the Propertied Broke the Engine of American Opportunity

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Follow Andrew Yang: https://andrewyang.com | https://x.com/andrewyang

Follow Yoni Appelbaum: https://x.com/YAppelbaum | https://www.theatlantic.com/author/yoni-appelbaum/

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Transcript

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0:00.0

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0:30.4

This week on the Andrew Yang podcast.

0:34.3

America, for 200 years, the gap between the richest and the poorest places in America was narrowing,

0:40.3

because people would move from poor places to rich places.

0:42.3

If you were a janitor in Alabama 50 years ago, and you moved to San Francisco, you'd pay more in rent.

0:48.3

Your cost of living would go up, but you'd make a heck of a lot more as a janitor.

0:52.3

You'd end up way ahead, like 40% ahead. And today, if that same janitor in Alabama tries moving to San Francisco, he'll still make more.

0:59.0

In fact, he'll make a lot more.

1:00.7

But his housing costs won't just cancel it out.

1:03.3

It'll leave him net behind.

1:05.5

The rational choice is to stay making a lot less.

1:08.6

So you talk to people and they're kind of stuck.

1:19.1

It is my pleasure to welcome to the podcast, historian, journalist, deputy executive editor

1:25.8

at the Atlantic, and now author of the brand new book stuck

1:30.1

how the privileged and the property broke the engine of American opportunity. We're going to dig

1:36.5

into all of that. Yoni Applebound. Welcome Yoni. Oh, I'm so glad to be here. Wow. So I was pumped

1:43.8

to read the Atlantic piece that is an excerpt of your book because I have been freaked out about how little Americans have been moving for quite some time. When I ran for president, I even had a policy platform trying to get America moving

...

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