America’s 250th Birthday: Reflecting on Freedom and Opportunity

On July 4th, Americans celebrate the 250th anniversary of the United States. For 250 years, the country has symbolized freedom for those seeking new opportunities. The rights guaranteed by the Bill of Rights, such as freedom of religion, speech, and assembly, attract millions annually.

Historian James Truslow Adams first coined the term ‘American Dream’ in 1931. In his book, “The Epic of America,” he described a society where individuals can pursue dreams and ambitions, limited only by their capabilities. This ideal was uplifting during the Great Depression and continues to inspire today.

Examples of people achieving this dream are numerous. An Egyptian cab driver’s son is pursuing a master’s degree in engineering. A doorman from China, whose daughter became a doctor, shows the dream’s reach. New immigrants from countries like Cuba and Yemen embrace their newfound freedom and often puzzle over why some Americans don’t appreciate the opportunities available.

Some voices argue the American Dream is fading. Politicians like Senator Bernie Sanders claim the system is rigged. During his 2025 ‘Oligarchy Tour,’ Sanders said the Dream has become a ‘nightmare,’ with billionaires controlling the system. Alexandria Ocasio-Cortez, accompanying Sanders, criticized the political agenda, accusing the right of disadvantaging the working and middle class to benefit the wealthy.

These ideas influence public perception. A Gallup poll from the Milken Center found that only 46% of Americans believe the opportunity to achieve the American Dream exists, down from 51% in 2024.

Innovations continue to set the United States apart. Elon Musk emigrated from South Africa to the U.S. to create his electric vehicle business and revolutionize space travel. Sergey Brin, co-founder of Google, came from Russia at age six, helped build the world’s top search engine, and became extremely wealthy.

Countless people, both extraordinary and ordinary, work hard to realize this dream. For instance, a Hasbro executive named Matt Proulx, raised in a large family with 11 adopted siblings, lives the American Dream. His parents fostered 250 children, adopting more even as his father was ill. Matt values the sense of love and opportunity he received.

Access to education is crucial for achieving the Dream. Many students, especially in minority communities, face educational obstacles. More than half of Black children in New York struggle with literacy, limiting their opportunities. Political figures often overlook these issues, prioritizing campaign funding over educational reform. This negligence hampers the pursuit of the American Dream.

Maintaining America’s future depends on rediscovering its foundational principles. Encouraging hard work and economic growth supports those unable to fend for themselves. As former President Ronald Reagan noted, society must care for the truly needy.

As fireworks light up the skies and parades pass by, reflect on the values that anchor America’s global reputation. These principles will likely ensure America’s prosperity for centuries to come.

Liz Peek, a Fox News contributor and former partner at a major Wall Street firm, offers insights into business and politics across multiple publications. For more, visit LizPeek.com. Follow her on Twitter @LizPeek.