Summary Of Confronting Inequality By Paul Krugman

Judge Neil Gorsuch is President Donald Trump's choice to fill the Supreme Court seat vacated a year ago by the death of Justice Antonin Scalia. Gorsuch graduated from Columbia, Harvard and Oxford, clerked for two Supreme Court justices and did a stint at the Department of Justice. He attended Harvard Law with former President of the United States Barack Obama. Since 2006, he has served on the 10th Circuit Court of Appeals, in Colorado.

In Paul Krugman’s essay, “Confronting Inequality,” he discusses various points about how America has developed into quite the divided country over the years. The United States of America has become unequal in terms of annual income, living standards, education and school districts, politics, and social standards, just to name a few. Several matters of combatting the injustice faced by the nation are also mentioned. All of Krugman’s points revolve around one central question, being “why should we care about high and rising inequality?” (Graff, Birkenstein, Durst 561). I believe inequality truly does raise concerning problems within our society, but it also may be a positive thing for our people. Extreme equality could, in turn, result in a communistic government in which those who work into overdrive earn the same titles as those who do not.

In his article "Confronting Inequality" Paul Krugman is asserting the fact of high socioeconomic inequality in the United States, while demonstrating its consequences and the variety of statistic evidences upon it. He is depicting modern American society where we have a huge gap between economic elite and lower-and middle-income classes. There is a time for ''a Great Moderation" reforms that will bring a socioeconomic equality.

“Today John Kennedy lives on in the immortal words and works that he left behind. He lives on in the mind and memories of mankind” (Swanson 203). When Lyndon Johnson addressed this in his speech, he was exactly right. John F. Kennedy will always be in the memories of his family members, but also in all the lives of the United States citizens because he was such a tremendous president. The day John F. Kennedy died was a nightmare for not only Jacqueline Kennedy, but also for Caroline Kennedy and John Kennedy, Jr. The next months were the worst for the Kennedy family. Even though the Kennedys were devastated by John F. Kennedy’s death, they had many grateful memories to cherish in the time of mourning. In looking back upon those cherishable

Paul Krugman, in a recent article has eloquently discussed the issue of unequally distributed income in the United States (Krugman, 2015). He alludes to a number of general economic principles in this article. He talks about how a major misconception about the effect of taxes on income inequality in the United States has been addressed through a recent research carried out by Branko Milanovic and Janet Gornick.

Wealth inequality in the United States has grown tremendously since 1970. The United States continuously reveals higher rates of inequality as a result of perpetual support for free market capitalism. The high rates of wealth inequality cause the growing financial crisis to persist, lower socio-economic mobility, increase national poverty, and have adverse effects on health and well being.

America is one of the world’s largest and prosperous developed countries in the world, but take a closer look and you realize that the great United States of America has an alarmingly large amount of poverty. Where there once used to be an “American Dream” there now lies the cold hard truth, there is less and less opportunity every day and growing inequality every second. Joseph E. Stiglitz how America has turned into a country that would be unrecognizable to any of the founding fathers. In The Price of InequalityStiglitz visits this problem and searches for the source of the economic inequality that the United States is faced with today. Stiglitz came to the conclusion that America is declining and turning into a society like the one

The article was well written and organized thought. However it did had a bit of deficiencies. Although the usage of personal experience and opinions are existing but she also used a lot of rhetorical strategies. This overreliance made the argument and the tone sound little bit emotional. The introduction of

One of the social issues concerning power, status, and class in American society today is income inequality. The income gap between the social classes has increased drastically throughout the last few decades, creating a significant gap between the wealthy and the poor. This gap has become so large that the middle class has nearly diminished, creating a social class comprised of the rich and the poor. The significant gap between the two social classes is unhealthy for the economy because it provides too much power in the hands of those with high social status.

Capitalism has been the central force behind the growth of the United States’ progressive economy. Within such advanced economic system the chances of economic disparity are significantly high. In fact, over the past three decades there has being a steady increase in unequal wealth distribution among the economic classes. To sustain the current unequal wealth distribution among the classes of the American population, there are numerous factors that influence and shape this trend. For some members of the population it is alarmingly disturbing to know that recent statistics have shown that, “In the US [alone] the wealthiest 1% of its population owns more than the bottom 95 %” (Gutman). As for the difference in economic wealth, it resulted

“One reason to care about inequality is the straightforward matter of living standards. The lions share of the economic growth in America over the past thirty years has gone to a small, wealthy minority…”(Krugman 586).

In Robert Reich documentary “Inequality for All” he makes a compelling discussion about the serious crises that the United States faces due the widening economic gap. He looks to raise awareness of the U.S. economic gap between the rich and poor. According to Reich the widening divide in America is real and growing. Income levels at the middle and labor class is stagnant and are at it’s lowest levels compared to upper class incomes since the beginning of WWII and is growing wider each year. Reich suggests that the economy runs more smoothly when the middle class has jobs with fair wages, when unions are strong, and when middle class workers have some extra money to spend if possible when the government uses the tax policy properly and when it raises the minimum wage regularly to control the income gap between labor and management. In other words Reich argues that economically healthy middle and labor class equality is the foundation of a thriving economy and is necessary to maintaining a sound national infrastructure and educational system within

Gary Becker’s and Kevin Murphy’s article, “The Upside of Income Inequality”, analyzes the positive effects of the income gap, and Paul Krugman’s New York Times column, “Confronting Inequality”, stresses the negative impact of the income gap; it is apparent by juxtaposing these two texts that income inequality can be effected by economic development, education, and social equality.

There is a high degree of social inequality within the United States. Of most modern industrial countries, the United Stated has some of the richest and some of the poorest people to be found. That fact is very disturbing, however, explains why much of the inequality exists in the US. In the following essay I will explain to you about the inequality in our country and why it occurs, based on the theoretical perspectives of a functionalist, conflict theorist, and social interationist.

According to Wikipedia, marijuana is a name for cannabis plant and a drug preparation made from it. Commonly it is named as cannabis, bud or weed, pot or ganja. I have found marijuana to be one of the most controversial things in United States. Not necessarily is marijuana controversial, the views related with the legalization of this thing are truly dubious. It is true that different persons have different views to see every object. So the view of peoples towards the legalization of marijuana varies with the person. In the United States, I have found that some of the people think that marijuana should be legalized because it is not much harmful as people’s belief and also there are lots of therapeutic values. Others believe that it is a drug and gateway to other drugs so it should not be legalized. And some believe that as it has both good and bad effects it should be legalized with certain condition. In this essay I am going to talk about the views of different people on the legalization of marijuana.