Sunday, March 17, 2019

Essay --

Kelly Cowart2-21-14POLS 2301Dr. Glazier inconsistency in the StatesIncome inequality has been all over the news as of late and has been pushed to the forefront of the political sphere. Our president even made this topic a major part of his last state of the union transmitress. It is no surprise to most Ameri asss that income inequality is a very real subject that has been steadily increasing since the 1970s. While the country has been making slow scarcely steady progress on social inequalities, the income inequality has only grown. How can this be? We are one of the richest nations on this planet and the disparity among the rich and the poor is staggering. But is a measure of income inequality an exact way to assess how well the country as a tout ensemble is doing? And is the income recess as bad as it looks on base? pass on an increase in the minimum wage uphold lift plenty out of poverty? There are several arguments to this and in this paper I will explore the issues su rrounding income inequality and also add in the important factor of social mobility.When we see of income inequality we unremarkably think of big corporations versus the rest of us. We do not typically think that small businesses contribute to this problem as well. But indeed this gap is present in all forms of business big and small because, lets face it, most business models are based on the capitalist system. Business wants to get the most production for the least amount of money of cost to increase the profit margin. Most would agree that this is the way America works. This model is great in theory and in practice has simply worked. But where does it put the workers? ar they able to sustain a existing free from dependency on social programs while working for these businesses? Are the b... ...ion of the Affordable Care Act, health insurance for the working poor and the poverty-stricken is now a welcome reality.There are solutions out in that location to help with the problem of income inequality. Education needs to be more low-cost with more opportunity for students and advisors to search out public and private grants and scholarships to help offset the costs of a higher education. Reduction in appraise breaks and increases in tax to the top earners would help bridge the income gap. Increases of credits much(prenominal) as the EITC to the working poor to help subsidize income would also help. And finally, political campaign finance reform would help give the poor a loud and relevant enough voice to be heard by all. There are myriad of solutions to the problem of income inequality and these are barely a few ideas that could help change the course of this country and its economy.

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