Income Inequality Research Paper

Introduction

In my words what’s happening in terms of distribution and of income and wealth, income is better than it use to be and there are a few wealthy people in this world. Cause of the way that jobs have affected our economy and the money some people take the rich people get richer and the middle class struggle to stay alive and the poor stay poor and never improve. It is a big problem because that is the reason our economy is the way it is right now and the reason for all the poverty etc.

What is happening in terms of the distribution of income and wealth

The Inequality gap is even greater in terms of wealth, rather than income, may be widening faster, too. A new paper from a “Emmanuel Saez, and Gabriel Zucman” states

that in the United States, wealth shares have grown fastest at the distribution in recent decades. Between 1974 and present times.

2. The United States of America has had a lot of bad president’s who made bad decisions and the people in the U.S. are not helping the cause of this crisis any. The people in the United States are actually making it worse by not contributing and only taking in way more money than they spend. Thus letting the rich people get richer leaving the middle class Americans and lower class Americans to fend off for their own.

3. Today we live in the richest country in the world, but that reality means little because much of that wealth is controlled by a tiny handful of individuals. The issue of wealth and income inequality is the great moral issue of our time, and it is the great political issues of our nation.

Conclusion- The rich individuals in our nation are the main source of the issues and problems in our great nation and unless they quit being so selfish and give back to the people then our nation will continue to be the same and never change.