preview

Inequality In America

Decent Essays

Keiry Gil
Professor Horn
English 0701
28 November 2017 Inequality in America

Income inequality has been deeply affecting the economy and our society for decades. The socioeconomic inequality gap in the United States has been getting higher and higher since the late 1970s, creating more unequal opportunities for millions of people in the lower and middle classes. It seems as if the lower class families are getting crushed, while the top 1% are on top, jumping up and down, crushing them more and more. The system makes it hard for those that coming from poor income families to succeed; From it being difficult to get higher education to receiving no healthcare. The middle class are the top consumers and the heart of this economy and yet they are getting robbed out of their rights. In the article “Confronting Inequality”, author Paul Krugman explains how and why a big gap between the wages of the top 1% and the middle class is such a huge problem for the economy. He believes that this inequality will affect the standard of living for the middle class. Another scholar who shares a similar view and may agree with this statement is former Labor Secretary, Robert Reich. In his documentary, Inequality for All, like Krugman, Reich discusses his beliefs and knowledge about how the unequal distribution of wealth between classes is affecting the economy greatly. On contrary to Krugman and Reich’s views on the downside effects of income inequality in the economy, in “The Upside of

Get Access