Wealth Inequality Letter

Words: 658
Pages: 3

Dear Senator Jeff Irwin, I am WIlliam Spradlin, a thirteen year old child writing this to you from Saline, Michigan. I am writing this letter to inform and explain how wealth inequality is affecting us. I care about this because, even if it doesn’t now, it will start to affect everyone, even those with more money or higher incomes, if nothing is done. When it comes to wealth inequality, it boils down to people with already low paying jobs or even those in the middle, losing more and more money without the opportunity to earn it back fast enough to keep up. This is an injustice to those without good paying jobs or much wealth because of limits on opportunities for those with lower incomes, limits on the lives of children born into poverty, and …show more content…
As of the 1970s people with the lower income had 10% share of the U.S. aggregate and as of 2018 only 9%, not keeping up with others, while middle income also went from 62% to 43% of the income. People who don't have good income have a low chance of increasing their income, while people who do have money become the main beneficiaries of the excess money not given to those with lower incomes. This is important because it tells us that many people aren’t getting enough to have good housing or feed themselves or their families. Secondly, children born into poverty have a statistically lower chance of getting to a higher point than their parents. As said in the article “Why Income Inequality Hurts Kids and Families,” on the website aecf.org, “In the Unit­ed States, chil­dren born to par­ents in the low­est fifth of the income scale are quite like­ly (42%) to end up there as adults. Similarly, chil­dren of par­ents in the highest-income group are very like­ly to stay there