Summary Of Phantom Welfare: Public Relief For Corporate America

Since the creation of the United States, they loathed taxes, especially when the British taxed them without any representation. The United States anger towards taxes started the American Revolution; However, the United States needed some form of taxes to pay for the military. The military and several other things are what makes a country; however, there are some things that taxes pay for that should either be terminated or improved. A few things that taxes pay for does not contribute to the economy, instead, it costs the taxpayers excessive amount of tax money. In order for the country to decrease taxes or contribute to more education, security, and modern infrastructure, they need to terminate or improve the welfare and the war on drugs.

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

Americans today live in a distinctly unequal society. Inequality is now wider than it used to be in the last century, and the division in income, wages, and wealth are broader than they are in other developed economies of the world. Wealth inequality is the imbalance of wealth or income within a society, and it is one of the most vital economic challenge the US is facing today because the distribution of wealth is more dispersed, making the inequality in wealth distribution at its highest. While the matter has been discussed for many years, the actual income disparity in the U.S. has heightened and is now verging on an extreme gap that portends to impede long-term economic growth. The huge gap between the wealthy and poor is squeezing the U.S. economy, the wealth gap threatens economic growth by diminishing social mobility and producing a less-educated workforce who are not able to compete in the global economy. unrestrained level of income inequality causes political pressures, it discourages trade, investment, and hiring. The present level of income inequality in the U.S. is shrinking GDP growth, and the world's largest economy is struggling to recover from the Great Recession.

Race, gender, and social class has several implications in the United States and how it shapes policy and perceptions of those who live in poverty. Current welfare systems are not perfect, and capitalistic policies do not work as intended to solve income inequalities. Given this, we will discuss social inequalities and capitalism, the welfare system, and propose two policies that solves welfare, and social and income inequalities.

One reform argument is centered on the ?burden? for taxpayers to support people who are not trying to help themselves. Gilens reported, ?The economic self-interest explanation of welfare reform is widely assumed to be true, and debates over public policy often remain on the assumption that the middle class resent paying for programs that benefit only the poor? (Gilens, p. 2, 1996). Reform efforts often focus on general stereotypes of welfare recipients not wanting to work and preferring to take advantage of taxpayer money. Conservatives and liberals refer to ?welfare spending? as excessive and unnecessary. However, prior to the popularity of welfare reform, the U.S. Bureau of Census reported actual money spent on AFDC was only 7% of the $613 billion spend on social welfare which included health care, veterans? programs, education, housing, and pubic aid (tables 579, 583, 1993). With government statistics contradicting claims of excessive spending, there is

Edin and Skinner begin their article by explaining to their readers that income inequality is a prevalent and complex problem in America today. The authors also point out that although President Obama and several other Democrats have proposed legislative approaches, such as raising the minimum wage and taxing the rich, to combat this problem, it will take a long time for these proposals to become law due to the Republican-dominated Congress. Because the authors believe these laws will take too long to be put into

In Leslie Reynolds’ “Misuse of Welfare in American Low Class Citizens,” she employs various logical methods to support her argument that welfare in the United States is being misused by our citizens and something must be done to prevent the welfare misuse. Reynolds relies on definition, facts, statistics, personal and public experience, and also tries to find different solutions for this heavily impacted issue. Reynolds believes something should be done to prevent the many low class recipients from abusing and misusing the welfare system. For example, Reynolds suggests the government could restart the welfare system, have stricter guidelines, and have more monitoring of the system itself to prevent our money being misled. Reynolds blends her

In “Income Inequality: The Public and the Partisan Divide,” Blendon and Benson explain the issue of income inequality and the need to address it. The importance of explaining this problem provides insight for the people who are not educated about the topic, hopefully triggering more public awareness. Blendon and Benson support their opinion by discussing that the two major political parties in the U.S. agree that income inequality is a problem that must be recognized, but cannot come up with a synopsis on how to take care of it. Also, they describe how different perspectives cause different ideas for fixing the issue. Blendon and Benson explain how partisan views towards the role of government are one of the perspectives towards how the income

Wealth inequality is already shaping American politics and society, and has the dangerous potential to be the defining problem of the upcoming generation. A sizable cause for wealth inequality in America is a dire lack of

In the 21st century, the American media has portrayed the wealth inequality in the United States in a very black and white way. Poverty has become an ongoing problem and has accelerated the appalling wealth divide. In 2010, the poverty rate in the U.S. reached fifteen percent which was the highest it had reached in almost two decades. Obligations to providing equality and adequate living conditions have been removed; there is no more “moral code or ethical principle” that can be used to contradict this growing American atrocity. On one side of the spectrum there is the upper class, the esteemed one percent of the social hierarchy in our country; however, on the other side there is the desolate and extreme poor that are constantly being used

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 issue I will be discussing is going to be income inequality that has been getting bigger and bigger throughout the time leading to poverty. “The GAP”, also known as income inequality, has increased greatly in the United States. Overall it’s a worldwide issue, but here in America it has become so large that it is no longer seen as an problem. There are many factors that contribute to this problem. One of these factors is, taxes. The share that the Top one percent, receives has doubled from the nineteen-twenties to twenty-sixteen. Even though, there was an economic obstacle in two-thousand-eight, the top one percent managed to get back on track

Throughout history, there have always been people willing to work for what they want, and those who expect things to be handed to them as if it was a natural-born right. While the welfare system does positively impact some families in need, many people take advantage of it. With this being a well known fact, the government still continues to use ten percent of the federal budget on welfare (“Budget” 1).

A major social problem in America today is its inequality of the distribution of income. "Income inequality refers to the gap between the rich and the poor. The United States has the most unequal income distribution in the industrialized world, and it is growing at a faster rate than any other industrialized country" (Eitzen & Leedham, pg. 37). The main reason as to why income is distributed so unequally is because of the gap between social classes.

When it comes to income taxes, the focus is usually on jobs, personal investments, and savings. The debate on who should bear the greater burden when it comes to income taxes is timeless. If all types of tax are aimed at developing the economy, it should be everyone’s equal responsibility to engage in taxation regardless of one’s economic class. Both parties involved proclaim the legitimacy of their arguments. The articles under discussion are representative of this debate. On one side of the debate, there are those who feel that the rich should pay more taxes. Then there are those who feel that the rich should not be punished by shouldering the burden of taxation (Benson and White 1). From an economic theorist’s point of view, both articles articulate valid arguments. However, this does not nullify the significance of the prevailing economic situation. The above debate can be based on various economic contexts.