How Income Inequality is Affecting People Essay

Murray, Harry. "Deniable Degradation: The Finger-Imaging Of Welfare Recipients." Sociological Forum 15.1 (2000): 39. Academic Search Premier. Web. 28 May 2013.

During the past couple of decades, the decline in the middle class has been associated to the political agenda of the Republican Party. By ending governmental subsidies and other programs created to build the middle class, has ultimately ceased the growth. However, realizing the importance of the middle class to our fragile economic platform, the Democratic and Independent political parties are desperately trying to create and revamp the middle class

Each year income increases in the United States. Economic inequality and political inequality may have a connection where our democracy could be affected but americans have the ability to solve this problem. Economic inequality refers to wealth or income between different groups or a society as a whole. There have been past social movements that have tried to improve this problem such as women's suffrage and more. We are still trying to resolve this issue of economic inequality.

Income Inequality in America is a problem that’s been going on for decades, and many feel that it hardly exists, the many people that feel that way are highly uneducated, and seem to not really care about this tremendous problem that in one’s eyes really has no end in the near future, in fact it has been gradually rising and one feels that it’s just not fair. Unfortunately, there’s not much that can be done, only of course if the poor class of people decide to actually educate themselves and get a higher education. One says poor class, simply because that’s how they’re classified. There are five types of levels that Americans are classified as, and they are: 1. Upper Class, 2. Upper Middle Class, 3. Middle Class, 4. Working Class, 5. Poor.

There is no doubt that wealth inequality in America has been escalating quickly; the portion of total income earned by the top one percent has doubled since the beginning of the 1970’s. The wealthy are the main beneficiaries

Fine dining restaurants, upscale stores, and discount stores are prospering. Meanwhile, more casual restaurants and stores are suffering. This can be described as the byproduct of the lower and upper classes taking over our economy, as the middle class slowly diminishes right before our eyes. John G. Maxwell, head of the global retail and consumer practice at PricewaterhouseCoopers stated this, “As a retailer or restaurant chain, if you’re not at the really high level or the low level, that’s a tough place to be. You don’t want to be stuck in the middle.” Middle class jobs are continuing to decline and before we know it America could be looking at a two class system rather than the three class system.

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

The highest earning fifth of U.S. families earned 59.1% of all income, while the richest earned 88.9% of all wealth. A big gap between the rich and poor is often associated with low social mobility, which contradicts the American ideal of equal opportunity. Levels of income inequality are higher than they have been in almost a century, the top one percent has a share of the national income of over 20 percent (Wilhelm). There are a variety of factors that influence income inequality, a few of which will be discussed in this paper. Rising income inequality is caused by differences in life expectancy, rapidly increases in the incomes of the top 5 percent, social trends, and shifts in the global economy.

This study considers the conditions of income, wealth and poverty in the United States of America. Income got a better distribution during the 70s but the level of economic growth decreased aggravating the unequal distribution of income (Stone, et al). However, wealth enclosed an inequality of distribution in the United States. It is referred to the unequal distribution of assets among residents of the United States. Also wealth is associated to the values of homes, automobiles, personal valuables, businesses, savings, and investments. In this context, statistics of poverty indicate people living at the economic adversity without satisfying their basic necessities. In mention by the article named “Measuring Poverty (A New Approach),” the statistical data of poverty is published by the U.S. government being a topic of importance and political sensitivity.

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.

Income inequality has affected American citizens ever since the American Dream came to existence. The American Dream is centered around the concept of working hard and earning enough money to support a family, own a home, send children to college, and invest for retirement. Economic gains in income are one of the only possible ways to achieve enough wealth to fulfill the dream. Unfortunately, many people cannot achieve this dream due to low income. Income inequality refers to the uneven distribution of income and wealth between the social classes of American citizens. The United States has often experienced a rise in inequality as the rich become richer and the poor become poorer, increasing the unstable gap between the two classes. The

Income inequality also causes obesity however; we mostly blame individuals for being obese. Being obese can have a serious impact on mental and physical health. it is an illness that is associated with stereotypes. The biggest one is “if poor people become obese they cannot be not poor”. People in this mentality also exclude the structural and social conditions that cause illnesses such as obesity. Social life affects the health of people, especially the socioeconomic level. How much you earn monthly is a factor how fit you are. The risk of being an obese is lower for the wealthy individuals. Poor people are obese because they have no money to buy healthy food, they have no time to exercise, they have stress that causes them to eat constantly, they lack education, they do not have access to the healthcare, they do not have social support and so on. It is mostly about the income inequality.

Currently there are many problems and flaws with the way the Canadian government’s policies deal with healthcare, income inequality and poverty. Time to time changes in policies have been made, perhaps to improve these issues, however, the gap between rich and poor keeps increasing and there is very little improvement in healthcare and the economy. In fact, healthcare keeps on becoming costly. Major issues like income inequality and poverty are not being taken care of by the government. According to Dr. Raphael (2002) poverty is caused by several reasons such as inequality in people’s income, weak social services and lack of other social supports (p.VI). He states, “Poverty directly harms the health of those with low incomes while income

Two important factors that determine a workers' income, regardless of their class, are their race and gender. Minority groups as well as women are less likely to receive an income they deserve, regardless of the job. They are seen as less educated and less capable of doing certain jobs, and they are restricted in advancing and achieving a more suitable income. Only the top capitalists, white males, are receiving the bulk of the nation's income revenue and all the benefits that come along with it. They are the richest people of the United States and instead of being taxed like everyone else, they are allowed even more lee-way. "There is a solution to this problem that will save small farms and businesses, eliminate the ‘death tax' for all Americans and still preserve the integrity of the federal budget: Tax the net worth of the very richest Americans on a regular basis during their lifetime" (Eitzen & Leedham pg. 40). The already rich continue to earn more and more money with their jobs, and they are not being taxed in proportion to their income. They have gotten away with accumulating more of the nation's wealth, while others struggle to make it in life.

Inequalities exist an all aspects of life. The nature and result of such inequalities shapes our social as well as economic lives. As people progress through their educational life certain inequalities will result in different outcomes of schooling for different sets of people. “In post war Britain pupils from a working class background are constantly found to gain fewer academic qualifications, to be under represented in institutions of higher education and to end up in jobs offering little opportunity for social advancement'; (Brown 1987 p11). It is inequalities such as these that are present both in and out of school that will determine life chances of individuals. It is commonly accepted that education is the main