Imagine sitting in a room — door locked — pen in hand and a blank piece of paper on the desk. The weight of the pen is forcing your hands to shake, and the tears begin again, just knowing the world around us is falling into pieces. Taking a final deep breath, you lift the pen and begin to write: “Mr. President — Mrs. President: I come to you from a middle-class family, where money has always been our biggest fault. Not often recognized but repeatedly shamed upon. Living pay-check to pay-check, working multiple jobs to slide by making the minimum wage ... twice; regrettably, with 14 hour days.”
It’s small town people that are rarely listened to but they often deserve to scream their stance. People have the biggest things to say but often lack
“The Economic Policy Institute recently reviwed dozens of studies of what constitutes a “living wage” and came up with an average figure of $30,000 a year for a family of one adult and two children, which amounts to a wage of $14 an hour.” (213). According to Ehrenreich, about 60 percent of American workers earn less than $14 per hour. In all of places where Ehrenreich worked paid seven dollars or less per hour, which means those of people who work in those place cannot even afford to have some essentials services such as health insurance and telephone. Since they cannot even struggle to get out, politicians could takee an action; however, they didn't do any works. “The Democrats are not eager to find flaws in the period of “unprecedented prosperity” they take credit for; the Republicans have lost interest in the poor now that “welfare-as-we-know-it” has ended.” (217). And, they also had a catastrophic error. “In fact, very little is known about the fate of former welfare recipients because the 1996 welfare reform legislation bithely failed to incude any provision for monitoring their postwelfare economic condition.” (217). Congressmen need to read this book to realize the problem, and not satisfy themselves by ignoring failures because they have
It can be said that money is power in the United States, and this is brought out in the essay, “Class in America---2012” written by Gregory Mantsios. He says that even though many Americans do not like to discuss class, “it can determine where people live, who their friends are, how well they are educated, and what they do for a living” (Mantsios). Many Americans do not speak about class type, and most find it unacceptable (Mantsios). Unfortunately, we can see that there are laws that are built to help and better the wealthy, while it cripples the rest of us. According to the Economic Policy Institute, “The richest twenty percent of Americans hold nearly ninety percent of the total household wealth in this county” (Institute) Gregory Mantsios without reserve describes the majority of people are at a disadvantage in their social class, while the upper class is compensated.
Americans that are living pay check by pay are struggling to pay their bills every month, of these, most of them earn only minimum wage which is “$ 7 .25” Epstein, R, & Bedford, K. (2014) , p,3. Working full time, 40 hours a week and 52 week a year. The average Americans that are working minimum wage jobs are providing for families on a full time salary which is not enough to pay for the hose hold bills and proved for every day necessities; this forces them to find a second job. In 1996 the number of people holding two or more jobs averaged Barabara Ehrenreich (2011) “7.8 million or 6.2 percent in the workforce” (p.45). According to Michelle Conlin a senior writer and editor of the Working Life Department and Aaron Bemstein a senior writer on Workplace and social issues, 63% of United States families below the federal poverty line have one or more job. More than a “third are 18-25- year old” Conlin, M., & Bemstein, A. (2007), p, 2, who are trying to work their way up the ladder with little to no help. In today’s society more than “28 million people” Conlin, M., & Bemstein, A, (2007), p, 2, which is about a quarter of the workforce between the ages of “18 and 64, earn less than $9.04 an hour” Conlin, M., & Bemstein,A. (2007), p, 2. This is well below what most American’s would consider a decent stander of living. The increase in the cost of living means parents earning the national minimum wage struggle to support families. Raising the rent for apartment and houses are
Today in America, income and wealth inequality has continued to grow at an unsettling pace. The rich continue to get richer, while the number of people categorized as lower class grows exponentially. As Joseph Stiglitz has explained, many theories that are seen as strongly Republican, such as the trickle-down effect, has caused the rich to take money from the poor, and as a result the lower class grows and the middle class disintegrates. The top 1 percent of America’s households currently holds 30 percent of America’s economy, which is much more than other first-world countries and helps to emphasize the extremity of inequality currently in America today. This increased inequality has in turn caused America to become a much more divided society; those born in poverty typically stay in poverty, with little to no chance of self-improvement due to a lack of education provided in their areas. In contrast, those that are born wealthy typically go to better schools, have better health care, and are all but spoon fed information on how to remain wealthy. These two sides of society almost never cross, and this causes the country to be more divided than ever. In order to limit this inequality, drastic changes must be made, such as large corporations paying their fair share of taxes and giving back to the lower class, and minimum wage should be raised. If everyone in America works together, we can raise social mobility and re-unite what has become an increasingly divided country.
The American dream is all but a figment of the imagination that is unrealistic to attain since it is becoming harder and harder for any middle class to sustain itself in the middle or the poor society to prosper to the intermediate class. What once was possible is almost impossible to achieve success and wealth through hard work, persistence, and action. The top one percent of the American society is making it impossible for the lower class to hold on to hope for a better future. The richer are getting richer by remarkably increase profits. Yet, the lower class wages have either decrease in some sectors of employment or have remained stationary resulting in “income inequality. That is “…the extent to which income is distributed in an uneven manner among a population” (inequality.org). Today it is even more evident that the lower class is stuck, unable to go nowhere. Savings is almost none existence to the middle and poor classes yet, they are working harder than ever before. Fortunately by having a free democratic society take control over “wealth inequality” the economic difference can stabilize through unionization for all low-wage labor.
The issue of income inequality is a reoccurring theme in Maria Konnikova’s article “America’s Surprising Views on Income Inequality” as well as Barbara Ehrenreich’s memoir Nickel and Dimed. To commence, Konnikova writes about the rapid growing gap between the rich and the poor. In particular, she elucidates, “Income inequality has grown by record amounts since the 2008 recession: between 2009 and 2012, incomes for the top one per cent of the population rose by more than thirty per cent, while those for the rest of the country-the bottom ninety-nine per cent-increased by less than half of one per cent” (Konnikova 1). Clearly, it is difficult for low-class individuals to make enough money to support themselves and their families. Furthermore,
The world is filled with luxuries such as personal islands, gold-plated cars, or crystal pianos. What about everyday items like food, clothing, and shelter? Families in the United States can barely afford such items because of an American tragedy: the minimum wage. Though the sights and sounds of fluttering money is alluring, it is also elusive. The minimum wage is a tragic loss for the United States because it cannot even provide the bare minimum for employees working tirelessly for it. Opposition of raising it can be negated by statistics that show how the country can move into a brighter future. Data from economic research shows
Money is what makes the world go around. From day one, people are assimilated with the idea: to consume, one must spend a medium sufficient enough to receive an object that is desired. Every country has that medium. The Europeans have the Euro, the Japanese have the Yen, Chile has the Peso, and the United States has the Dollar. However, this idea of “getting and spending” has done more harm than good in specific countries. Particularly, in the United States there has been a growing issue of income inequality. The textbook definition of income inequality states: the difference between individuals or populations in the distribution of their assets, wealth, or income. The political problem itself, nevertheless, is deeper and
Donald Trump, the real estate mogul and new president as the republican candidate, stated at the Milwaukee debate that “wages are too high” in this country. Lucky enough to be born into a millionaire family, how could he know what it feels like to keep one’s head above water as the 1.3 million people working at the current federal minimum wage of $7.25 an hour do? Even if one can work full-time, after state and federal taxes and Social Security and Medicare deductions, one is lucky to retain $225 a week or $12,000 a year, which is precisely the threshold of poverty for a single person. Welcome to the world of the working poor. No chance of paying rent and taking care of dependent children on that kind of salary. As a matter of fact, you’d be barely
If you were born into a wealthy family, your whole family worked and maintained a slim, unstable income. Because of this, you, as a child, would not enjoy the luxury of playing with many toys, receiving a good education, and eating full meals that your mother prepared after staying home most of the day. Instead, you suffered the dangers of “playing” with machines, never receiving an education, and barely eating anything because your mother was also working all day. You and your family were not living the American dream. Your father wakes up in the morning, complaining about his job, and sore from the excruciating labor in his workplace.
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
Recent economic policy has essentially relied on three approaches: a huge boost in government spending, which was supposed to create new jobs; a tax on the wealthy, which was supposed to address the growing inequality; and a reliance on the Federal Reserve zero-interest-rate policy, which hasn't increased median family income but instead fueled a record stock market and significantly added to the wealth of the already-wealthy, who have significant stock holdings and whose incomes are less reliant on wage levels than are the incomes of middle- and working-class people (Patrick, 2016). Transition: The value of minimum wage is decreasing every year which is making harder than ever to support a family or even oneself. ii.
This “middle-class nation” is struggling to support all those who live in its borders and the misconceptions about wealth are vastly overrated. Furthermore, the idea of wealth and stability is incorrect, and there is a very sharp contrast between the rich and poor in the country. As the richest twenty percent of American hold ninety percent of the total household of the total household wealth in the country, those at the bottom have managed very poorly and suffer to get through the days.
Every American dreams of finding a job that pays well enough so that they may comfortably take care of their loved ones and themselves for years to come. Most Americans hope to find some way to make a living that they enjoy, something that they view as productive. Unfortunately, many do not have this luxury. In our society, a good portion of the population is forced to hold the base of our country in place while hardly being redeemed for their time and effort, and thus the problem of income inequality. Numbers of these people live from paycheck to paycheck, barely getting by, not because they manage their money poorly, but because the value of their time at work is negligible.
The era of volatility has created a shift from America being the middle-class society to simply rich or poor (Sachs, 2011). A gap this large has not been experienced since the 1920’s (Sachs). “The top 1% of households takes almost a quarter of all household income” but an economy this top heavy will not be able to succeed (Sachs, 2011, p. 30). The working classes are struggling with housing, wage, and employment issues. Rich individuals are ignoring these troubles, shipping their business operations out of the country, thus furthering the downward spiral of the economy (Sachs). To make matters worse, this has become in a large part a political issue, because the rich can influence candidates with funding, where the poor and working