Growing American Inequality

Paper Summary:

This paper discusses the growing wage disparity in America. It cites earnings figures of Americans in the last two decades and notes a decline in the earnings of poor Americans, but a rise in the earnings of wealthy Americans. The paper also discusses the general attitude Americans maintain toward this inequality, its causes, and government policies that were designed to respond to the problem.

From the Paper:

"In the preceding two decades the United States has faced an amazing augment in inequality. The earnings of poor Americans minimized and those of the middle class festered while the revenue of the wealthiest families sustained to rise. The welfare of families up and about and along the income scale has augmented over the past five years, but the common earnings of the deprived Americans lingers well under where it was at the conclusion of the 1970s (Patrice, 1999)."

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