The novel, The Working Poor: Invisible in America, dives deep to what it’s like to live above, below and everything between the poverty line. You may of noticed that we have government benefits to help out people in need, but not everyone is in favor of that. The wealthy population of America constantly tries to overshadow people who live at the poverty level. While people at poverty level are struggling to get by, the Wealthy population tries to pay off the government so they no longer have to be taxed.…
If you open your wallet and pull out a ten dollar bill, the face of one of our founding fathers, James Madison, will be staring back at you. Early in our school careers we are taught, if not in detail, about the constitution and the men who wrote it. As we progress we learn in more and more detail about the Philadelphia Convention and many of the key players including George Washington, Benjamin Franklin and Thomas Jefferson. However, all the average students’ education on James Madison will include is that he played a role in the penning of the Constitution, how crucial his contribution was is often glossed over entirely. Madison had very clear views on humanity and government and what the new American Government needed to be successful.…
After reading the “The Income Inequality Debate”, I started to think more about the financial situations that I am currently in and how I am preparing myself for the future. The videos were very informing on the topic and helped me actually visualize what was going on. The video “Wealth Inequality in America”, seemed like a more detailed version of “Is America Dreaming?: Understanding Social Mobility” so I got more from it while watching it. What stuck out most to me were the aspects of education and how it really influences those percentages.…
The United States is a country founded on ideals and unfulfilled aspirations of a perfect nation in which all are equal and no one group of people has too much power. Our history is filled with the constant struggle between fulfilling those ideals and maintaining status quo and allowing the nation to stagnate or regress allowing inequality to reign and certain groups to control the country. While our nation has struggled on this point it bears to ask whether real political and social change is actually possible in the United States, or if throughout our history and in our future we simply continue as we have since our nation was founded? While change has never come quietly and it often feels as though the journey is a constant one step forward…
America is experiencing a large gap in income inequality between the working class and the wealthy class. According to Derek Thompson, the new wealthy class, which is the top 1% of America population, holds nearly 40% of America’s wealth; while the new working and social class holds significantly less than 7%. There are opinions thinking that this gap is caused by the rich, who only think about their profits and don’t even care that America is having job a shortage or people are working low wage for several years. On the other hand, some blame the working and social class for their “immobility”, saying that they are not trying hard enough to climb out of the bottom while depending too much on the government subsidizes. Both opinions are true…
Inequality in income distribution is a visible trend in countries worldwide. Many variables factor into what causes the disproportion such as countries’ taxes and minimum wages. The state of income distribution in the United States of America has changed over time and is currently experiencing heightening inequality. Additionally, there are many debates between the conservatives and liberals about why this trend is happening and how it should be addressed. The conservatives feel as though it will fix itself once the economy begins to grow again, while the liberals believe that increasing taxes and implementing new policies will help aid its reduction.…
In a perfect world we would all be equal there would be no poverty, women would be paid equally, and we would not be so materialistic. Unfortunately, this is not a perfect world and most if not all of these things are not true. As a nation we have various problem that must be solved but in order to do so we must make a change with in our selves of within our families and not solely rely on government aid. People and families face may hardships as they are trying to pull through their lives and it is imperative for their survival to receive government aid. According to the department of numbers the census states that, “the median household income for California was $61,933 in 2014.”…
Since about 1980 the American Middle-class has taken an enormous hit and have all but disappeared from a massive transfer of wealth to the top 1% of income. A report from the Pew Research Center found that, for the first time since the 1970s, families defined as “middle income” are actually in a minority in the US, being destroyed from both ends by an enlarged lower wage group below them, and an enriched group above them. Also according to Pew, the average income of the upper tier today is seven times that of the middle tier, and in 1983 it was merely double. According to an article titled The Strange Case of America’s Disappearing Middle Class by Paul Mason from The Guardian, “49% of US aggregate income went to upper-income households in 2014, up from 29% in 1970.…
There is an understanding when society says that those who prosper have earned it and should be able to do so because of the free society we live in. However, The poor in our society are not benefiting from the increased wealth in the country. The income gap between low-income families and high-income families is widened. “The rich have been spending more simply because they have so much extra money…These cascades have made it substantially more expensive for middle-class families to achieve basic financial goals” (Frank 582). Inequality in the distribution of desirables exists as device for ensuring that the most qualified people fill the most important positions.…
Income inequality has been a progressively growing issue in the United States, even today. The problem dates back all the way to the Great Depression, although some researchers tend to think that it is older than that. The difference between the wealth of higher-income families and lower-income families has become a great issue. Many people, including our government, think that they know how they can fix it. They have tried time and time again to come up with solutions, yet we are still facing the same obstacle that we were almost one hundred years ago.…
There are many possible solutions to income inequality, but like most problems, there is no answer that will please one of them. One possible solution is to make public college free, or much more affordable. This will allow more lower and middle class Americans to get a post-secondary education, making them more qualified for higher paying jobs. Another possible solution is that of Democratic presidential candidate Bernie Sanders who believes in a “progressive tax system that is based on ability to pay”. This could be beneficial because it helps control the growth of the upper class and helps to fund programs meant to help the lower classes.…
1. The main thing American’s do not realize about income inequality is how large the gap is between the wealthiest 1% and the other 99%. America ranks as having one of the largest gaps in distribution of wealth. In 1978, the typical male worker’s income was 48,302; in 2010 the typical male worker’s income has decreased to 33,751. However, the people in the top 1% have increased in income, from 393,682 in 1978 to 1,101,089 in 2010 (Inequality for all, 2013).…
Many Americans do not think that wealth distribution in America is as bad as it really is. In a study done in 2005 by Michael Norton and Dan Ariely, they found that American people thought the top 20% of Americans owned roughly 57% of the nation’s wealth when in actuality the top 20% of Americans own roughly 85% of the nation’s wealth (Building a Better America). This leaves roughly 15% of the nation’s for the rest of Americans to fight over. Due to the very little wealth left for the rest of America this puts people under the poverty line. In 2013, “more than 45 million people, or 14.5% of all Americans were below the poverty line” (Gongloff).…
According to the Census Bureau in 2010, “there were 42 million poor people in the United States,” and a large portion of those who reside in the middle class are approaching the poverty line, thus, augmenting the amount of people who live in the lower class. As a result, income inequality has become a paramount topic in recent times, especially in the 2016 election. In addition to politicians and other government members discussing this gargantuan issue, professors, journalists, and others have written income inequality, and provided ways to fix the issue. The authors Robert B. Reich, Gregory Mantsios, Alan Ajas, Daniel Bustillo, William Darity Jr., and Darrick Hamilton are experts within the field of economics and labor; however, all of these…
In a capitalistic based economy such as the United States, it creates incomes that are small and large. Having an unequal amount of large or low incomes is called income inequality. Income inequality has become a major problem in the United States, increasing 24% from 1968 to 2012” (Cochran). The gap between the rich and the poor is growing at an ever increasing rate. In the United States the gap is measured by relative poverty, or “being below one-half the nations income” (Cochran).…