Income Inequality Research Paper

Submitted By ashlevass

Words: 422

Pages: 2

Open Document

Income inequality is the concept that workers in specific fields make less money compared to their counterparts in other fields, relative to what workers in those fields were earning in the past. Higher income families have seen a larger increase in their financial gain, and low income families have experienced a much less significant gain in the same period of time. Raising the minimum wage from the current $7.25 to $10.10 would help alleviate the financial burden on families that are currently at or below the poverty line, without causing significant financial repercussions for families making six times the poverty level or higher.
Considering the disproportional gains that the highest income families have seen in the last 30 years, the Congressional Budget Office predicts that raising minimum wage will result in offsetting some of the disparity and help the overwhelming majority of the country. Doing so will increase standard of living and ultimately boost the economy in the long run, assuming that increasing the wages of the majority of the country will provide them with money to put back into the economy. This will also potentially provide low income families to provide higher education for themselves or their children, increasing the quality of work provided by American citizens. By increasing the quality of work, more people will have the opportunity to obtain jobs that were previously outside of their abilities.
The potential downside of raising the minimum wage is the potential for employers to cut jobs due to the increase cost of paying each employee. While this sounds like something that would be cause for concern, jobs would be created due to increase in spending by the low income consumer.

P1 Team 4 Essay

two main divisions: goldandblackdigital.com and goldandblack.com. The latter of the two focuses on real-time information and works hand in hand with other nation-wide real-time sports media websites such as Rivals.com. The other one, the one this paper focuses on, engulfs a different side of sports media. Goldandblackdigital.com is the home website for the Gold and Black Illustrated magazine. The magazine is made of in-depth articles written by professional journalists about specific topics engulfed…

Words 4802 - Pages 20

Mgt 230 Organizational Structure Analysis

business can use. There is Functional Structure, which has each portion of the organization grouped according to purpose. There is Divisional Structure, which divides the organization by geographic area or types of product or market. There is also Matrix Structure, which uses both functional and product departments but also has workers from these departments reporting to a project manager. In this paper the discussion will be focused on the pros and cons of the three major horizontal structure types. Functional…

Words 499 - Pages 2

pay for play Essays

These are all major college athletic conferences in the United States. What else does these colleges have in common they make millions of dollars and each year off of students athletes and don’t give one red nickel to these kids. In this research paper I will be so that this is unfair and should give each one of these kids some of that revenue so that they can have some money to spend. I will also show that kids should stand up and say to these major colleges I will pay to play for you. In…

Words 1295 - Pages 6

Electronic Health Record and Epic Essay

Governors University WTT2 Task 1 Page 2 In the proposed scenario, a Clinical Nurse Specialist (CNS) with a Post-Masters Nursing Informatics Certificate has decided that the 100 bed hospital that she works in would benefit from transitioning from paper charting to using an electronic health record (EHR) system. She has done initial clinical research and has a solid foundation of best-patient-practice reasons that support this change. She has also researched and studied the information on the government’s…

Words 3329 - Pages 14

Project Management Concepts And Applications

PROJECT MANAGEMENT CONCEPTS AND APPLICATIONS Lester Carrejo PM/571 December 15, 2014 Professor Gary Olsen Project Management Concepts and Applications Paper A past project that I was involved in was a project overseas in Afghanistan where my company was assigned as the new vendor for IP services to provide Internet at over 65 remote sites. The ultimate goal was to transition from the current vendor (who lost the contract) to the new vendor (my company) along with transporting and…

Words 952 - Pages 4

Syllabus: Balance Sheet and Financial Accounting Essay

| | | | | | | | | |Learning Team Handbook | | | | |Guide to Charter |…

Words 2465 - Pages 10

Phase II job descriptions Essay

assistance and dedication to run. The Owner should have leadership traits, excellent interpersonal skills, analytical capability and confidence. The restaurant owner has to hire someone to run the day to day functions. A strong and competent management team. The actual job description of a restaurant owner varies depending on the other employees. Marketing, event promotions, budget and payroll records management, and review financial transactions to ensure that expenditures are authorized and budgeted…

Words 1822 - Pages 8

The Legality, Morality, & Social Responsibility of Paying College Athletes Essay example

Submission: 12/021/2012 Title of Assignment: Term Paper – “Integrating Values – The Legality, Morality, and Social Responsibility of Paying College Athletes” CERTIFICATION OF AUTHORSHIP: I certify that I am…

Words 8749 - Pages 35

Regulating Weight in American Public Schools Essay

The topic of my paper is whether or not American Public schools should be able to regulate their students health through diet and exercise. I chose this topic because I previously worked at an elementary school where this topic was being addressed, and was received with various feelings toward the subject. The health of Americans is an obvious concern for many people, because unhealthy behaviors are being passed down through generations. This is effecting the longevity of Americans as a whole…

Words 2763 - Pages 12

Essay about Skin Pigmentation Notes

trait. • Propose public policies and practices based on assimilated information. CLASSROOM MANAGEMENT This case is an interrupted case study, that is, information and data in the case is progressively disclosed to students. The students work on each portion of the case in groups. The case takes approximately two hours to complete (longer if it is used as an introduction to students with no prior background in evolution). Students arrive to class having read a chapter in their first-year biology textbook…

Words 2540 - Pages 11