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Essay On Wealth Disparity In America

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Essay On Wealth Disparity In America
A crucial controversy of America today is the growing gap between the wealthy and the poor, and the discrepancy is caused by capitalism run wild and only the helping hand of the government can only fix the problem. A question that turns the tables is what if the growing wealth disparity in America is actually caused by the government? For years, the idea that inequality is economically neutral has been the prevailing view not just among traditionalists but also between most Americans outside the further reaches of a political audience. There could be ideological or moral reasons to object to a growing gap between the wealthy and the rest but for economic reasons, there are no such. Furthermore, there are many ways inequality places itself in America. In our society, a good amount of the population is forced to stand up and work for our country while hardly being redeemed for their time and effort, thus the problem of income inequality. An estimate of these people live from paycheck to another, barely coping with life itself, not because they cannot manage their money well, but the reason is that …show more content…
People are described as “bad poor” because of their financial position and their failure to overcome it as shown in figure 1. However, that is easier said than done. Children who are born into poverty are already poor and they have no control over that. They have to work very hard with little assistance just to get to the point where a change can be made or an upgrade in class is possible. People of low class are generally regarded as less valuable or even disposable. They are the subject of much ridicule and prosecution due to their financial status. This sort of classification is attempt to be stabilize by welfare and other government money programs, but the taxpayers fund that, so the money is taken back away from them. Income inequality is one of the main causes of social segregation of

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