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Income Inequality In The United States Chapter 2 Essay

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Chapter 2 was interesting and informative. First, I would like to state that changing demographics, globalization, and household composition are a few of the things which have contributed to income inequality. One of the most interesting or startling issues in chapter 2 was learning that there are more white people who are poor, than black people. I guess this holds true, since numerous athletes and entertainers, such as rappers have gained a tremendous amount of success from their efforts. I unequivocally believe that the income and/or wealth gap in the U.S. is too wide. The gap has increased due to things such as, corporate greed, exorbitant salaries, tax benefits, inherent discrimination, and diminished government assistance. Stating that this gap exists due to personal flaws or inferiority is naive and typical of a personal deficiency or the bad apple theory. Offering higher wages or incentives based on talent is one thing, but overindulgence is another. Also, why …show more content…

In the Colonial Era, welfare was virtually non-existent, except between neighbors and relatives. The Early Industrial Era like the Colonial Era, viewed the poor as nugatory. In 1929, the Gret Depression changed the view of the poor and poverty was officially declared a social problem. Shortly thereafter, President Roosevelt initiated reforms to assist the poor. President Johnson additionally aided in the fight against poverty in the 1960's. However, twenty years later the Federal Government with the help of the Regan Administration, began slashing the very programs which were created to help the poor. Then, with the changes in welfare made by President Clinton, the Federal Government programs became state level programs. This transformation has not curtailed poverty as some would like us to believe. Also, the welfare reform typifies a Conservative stance, since it views Federal welfare programs that help the poor as encouraging

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