• Tag Archives economic
  • Wealth Disparity – A Troubling Trend

    America has such a significant difference between people when it comes to wealth, or a individuals net worth and their ability to purchase anything they want. The imbalance has to do with many factors like gender, careers, race, debt, and the economy itself.

    America has more income inequality than any other developed country and the gap between the rich and everybody else is significant. According to Bernie Sanders, “The reality is that since the mid-1980’s there has been an enormous transfer of wealth from the middle class and the poor to the wealthiest people in this country” (Income and Wealth). He has a plan on his website that can reduce income and wealth inequality: Demand that large corporations and the rich pay their share in taxes; increase minimum wage; making tuition free at public colleges and universities; and guaranteeing health care… (Income and Wealth). While its not that easy, its something of a solution.

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