Response Essay 2

Submitted By Wahid-Maqsood
Words: 642
Pages: 3
Open Document
Income Inequality
The fact that the rich keep getting Richer and the poor keep getting poorer, in The United States, has been a concern for many but few have tried to fix this problem. Many Governments have changed and many false promises made but the rich still have way more than they will ever need while the poor struggle to even afford food.
Henry Ford said “In a developed economy, when one person gains, another loses” It is up to the authorities to make sure the gap doesn’t increase to the level where it is harmful to the economy, for it is the middle class that is the backbone of an economy. The U.S is a capitalist economy and not a communist economy so everyone is allowed to earn and save as much as they want with no maximum limits. The sad truth Is that the United States economy has developed into such that the Top few control more than just their wealth, they control the whole economy, making it hard for someone from a low income family to work their way up financially. The Rich should be taxed high amounts if they go above a limit and this money should be used by the Govt. to subsidize Goods and services such as but not limited to: education, house rents or mortgages, and food items. It should be the state’s duty to ensure the rich do not exploit the poor. Bill Clinton tried to approach this problem by hiring Mr. Robert Reich who is a qualified economist and an old friend of his. Mr. Robert Reich also explained the whole idea of income inequality, what causes it, what solutions we have, in his documentary “inequality for all” During his time in the Government he tried his best to reduce the gap but it takes more than just one person to bring a change. He was not supported by anyone else on the board. Over the last thirty years, before the latest recession, the U.S. economy doubled. But, according to Robert Reich’s documentary, these gains went to a very few, the top one percent of earners now take in more than twenty percent of all income which is three times than what they did in 1970. Inequality is even more extreme at the very top. The four hundred richest Americans now own more wealth than the bottom one hundred and fifty million combined.
Some people believe raising
Show More

Related Documents: Response Essay 2

Weekly Response 2 Essay

Weekly Response 5 For my fifth weekly analysis, I will be covering Robert Frost’s poem “Out Out.” This poem is a relatively dark poem, and it centers on a boy who is working with a buzz saw. The boy works extremely long hours and is usually not given a break. The boy has been working all day, and the saw cuts his hand as his sister is calling him for dinner. A doctor arrives and the boy shouts, “don’t let him cut off my hand, sister!” The doctor does not cut off his hand, but the damage has already…

Words 419 - Pages 2

Response Journal 2 Essay

Response Journal - Life of Pi (Part 2) The first half of part 2 in Life of Pi takes a completely different route than the first. The section begins with 16 year-old Pi Patel, who is upon his incredibly long voyage to Canada, awakening in the middle of the night due to an unknown noise within the hull of the ship. Out of curiosity, he ventures top deck to investigate- only to make an unbearable revelation; the floor beneath his feet is slowly shifting and his only source of safety is sinking .In…

Words 1501 - Pages 7

Anthro Response 2 Essay

Chelsea Krug Professor Dustin Wax Anthropology 101 2 February, 2015 Response #2 This week’s reading really made me think about all the different places I have lived and how the culture varied in every corner of the United States. My family could be seen as the stereotypical view of “gypsies” because we move so frequently due to being in Witness Protection for 18 years. We are nowhere near the degree of gypsies that the Romas are but when it comes to moving around and changing identities everywhere…

Words 765 - Pages 4

Film Response 2 Essay

Addie Moor Film – Bolen 1/26/15 Citizen Kane film analysis Citizen Kane by Orson Welles is often considered the most influential American movie ever made. The tale of a newspaper mogul’s rise to fame and fortune and eventual crash, the storyline is not as much groundbreaking as the use of innovative film techniques. Welles’ creative of cinematography offers additional insight onto the life of Charles Foster Kane. Only 25 years old when the film was produced in 1941, Orson Welles paired with older…

Words 873 - Pages 4

Reading Response 2 Essay

Anna Reagan Ms. Zaglewski English 1102 17 February 2014 “Education, Democracy, and the Life worth Living,” by Mark Kingwell Mark Kingwell is the author of “Education, Democracy, and the Life worth Living” (2012), which argues that higher education should not be achieved just to obtain a better job or career path, but should be sought to broaden a student’s knowledge and intellectual capabilities. Kingwell develops his thesis by using examples of conversations with others who did not share his opinion…

Words 379 - Pages 2

DB 2 Response Nigel Essay

DB 2 Response Paul Lindley Liberty University BUSI 650 Dr. Kevin Dickenson February 9, 2015 As Nigel points out Six Sigma is a statistical tool that requires a great deal of training in statistical analysis in order to be effective. This author is a Green Belt with the knowledge of the training this requires. In order to be effective those using Six Sigma must practice their craft on a regular basis in order to be able to lead an effective Six Sigma project. The tools that are used require…

Words 476 - Pages 2

2 24 Reading Response Essay

What is virtue and what is not? Virtue is described in two ways in Aristotle’s Book II. The first, intellectual virtue is that which can be taught. These types of skills can be applied through profession, entertainment, education and so on. A virtuous architect creates well-structured buildings whereas someone whose virtue in architecture has not been well cultivated will not be able to achieve the same level of creation. Moral virtue seems to be more where Aristotle would like to place most of…

Words 316 - Pages 2

Devone Reading Response Journal 2 Essay

Devone Patrick Date: 9/20/2014 Class-A Reading Response Journal 2 How did learning to read and writing affect/ Douglass? While reading Frederick Douglass autobiography about his Narrative life as a slave I would learn that his education with his biggest challenge knowing the fact that he could read and write…

Words 474 - Pages 2

Response To Literature Essay Practice 2 1

Write your response to the writing prompt below. You may give your writing a title if you would like, but it is not necessary. You may NOT use a dictionary. If you do not know how to spell a word, sound the word out and do the best you can. You may print neatly using pencil or blue or black pen only. Write clearly! Any erasures or strike-throughs should be as clean as possible. Writing Task: Checklist for Your Writing The following checklist will help you do your best work. Make sure…

Words 1102 - Pages 5

Legal studies Essay

Marketing-2 reports Finance Operations- multiple choice Marketing-2 reports Finance Operations- multiple choice Marketing-2 reports Finance Operations- multiple choice Marketing-2 reports Finance OperMarketing-2 reports Finance Operations- multiple choice ations- multiple choice Marketing-2 reports Finance Operations- multiple choice Marketing-2 reports Finance Operations- multiple choice Marketing-2 reports Finance Operations- multiple choice Marketing-2 reports…

Words 2128 - Pages 9