Bernanke, TSMC head agree American Dream now harder to attain

Taipei Times
Date: 2015-05-27
By: CNA

Morris Chang, chairman of Taiwan Semiconductor Manufacturing Co, the world’s

Morris Chang talks to reporters in Taipei, May 26 (Photo/CNA)

Morris Chang talks to reporters in Taipei, May 26 (Photo/CNA)

largest contract chip maker, said Tuesday that he and former US Federal Reserve chairman Ben Bernanke share the view that the American Dream still exists, but is more difficult to attain than in the past.

Chang, who attended a forum sponsored by local magazine Business Weekly in Taipei, said he asked Bernanke if the American Dream still exists.

The American dream means that if one works hard, he or she can climb the ladder of success, Chang said.

Chang added that when he arrived in the United States, his parents were very ppor, but he managed to climb to be among the top 10% of society by the age of 40.

He realized his own dream, but nowadays a lot of American immigrants cannot realize their dreams, he said.     [FULL  STORY]

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