Income Inequality in the U.S.a

1954 words 8 pages
Income Inequality in America is a problem that’s been going on for decades, and many feel that it hardly exists, the many people that feel that way are highly uneducated, and seem to not really care about this tremendous problem that in one’s eyes really has no end in the near future, in fact it has been gradually rising and one feels that it’s just not fair. Unfortunately, there’s not much that can be done, only of course if the poor class of people decide to actually educate themselves and get a higher education. One says poor class, simply because that’s how they’re classified. There are five types of levels that Americans are classified as, and they are: 1. Upper Class, 2. Upper Middle Class, 3. Middle Class, 4. Working Class, 5. Poor. …show more content…
It’s a domino effect, and it’s almost as if it’s blueprinted to be this way. For example, in 1946, the bottom class (the Poor Class) averaged about $1,650 and the top class (the Upper Class) averaged about $15,300, the gap between the two was $13,650. In the next 22 years, real income had increased about 33% per family. This trend of inequality is still in effect now. Is it a political thing? Well, some would say that it is, and some would say that it has no effect in what’s going on. Unfortunately, one feels that the larger part of the people would say that yes politics has to do a lot with it, but that larger part would almost definitely be the uneducated ones, and most likely just speak on here say, which is saddening to see that thatpercentage of Americans, (the Poor Class) just aren’t trying to further educate themselves on this sensitive subject that really is the main reason why Americans are segregated into five categories. Again, education credentials have nothing to do with the inequality, but with credentials and knowledge of the situation, a person can start taking steps toward beating the odds, or try to climb the ladder of success by jumping from Poor Class to Middle Class, and so on. “In 2001, the median income in the United States for people with full-time jobs was $28,283 for men and $17,868 for women” (Current Population Reports, Series P-60, 2001). The median household income was $42,228. $42, 228, seems like a

Related

  • Predatory Lending and Inequality
    1272 words | 6 pages
  • Inequality and Its Effects in the Workplace
    2177 words | 9 pages
  • Global Inequalities
    2198 words | 9 pages
  • Gender Inequality
    1132 words | 5 pages
  • Why Does Income Inequality Exists?
    1417 words | 6 pages
  • Market Failure Poverty and Income Inequality
    1960 words | 8 pages
  • Savage Inequalities
    1520 words | 7 pages
  • income inequality
    33935 words | 136 pages
  • Diversity, Inequality, and Immigration
    991 words | 4 pages
  • Income Inequality of African Americans
    2288 words | 10 pages