Shows the gap between the very rich and the very poor in the American economy.
Written in 2004; 1,315 words; 6 sources; MLA; $ 44.95
Paper Summary:
As the disparity grows between rich and poor in America, so does the inequality in the country, which threatens the very fabric of lives of its citizens. Income disparity does not allow those living in poverty to climb out and join the middle class and puts the greatest wealth, power, and privilege in the hands of a select few. This paper argues that, until this trend turns, there will always be two distinct "nations" in America, the very rich and the very poor. Using U.S. census data and information from economists and political experts, the topic of income disparity between the wealthiest and the poorest is established, discussed, and evaluated in this paper.
From the Paper:
"While we are one of the richest nations on Earth, we do not share the wealth equitably, and the poor in America continue to struggle to make ends meet. These people at the lowest income levels not only lack basic necessities, such as health care and even decent housing conditions, they also drain the country's social and welfare services, for most of them simply cannot afford to live on the income they earn. As the nation's economy and tax structure changes, there are fewer resources available for these social services for the poor, and so, while the wealthy get wealthier, the poor suffer with fewer healthcare services, lower welfare payments, and a further reduced standard of living."
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