Nobody downloaded yet

Wealth and Poverty in US - Essay Example

Comments (0) Cite this document
Summary
Wealth and Poverty in US.
American life has become a mythology of success in which opportunity is buzzing around every corner ready to swarm a person if they just choose the right corner to turn. …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.1% of users find it useful
Wealth and Poverty in US
Read TextPreview

Extract of sample "Wealth and Poverty in US"

Download file to see previous pages Whether through being discovered for unknown talents, creating the next big invention, or because of a lottery win that will fill the coffers, every American might become one of the lucky many who become over night sensations and bath in champagne every night, except for one small problem – there is no truth in the myth. The land of opportunity has become a land of obstacles, mostly thrown in front of the middle class by those who see that their own profits will suffer if they support legislation that will empower the middle class once again and begin the process of lifting the lower classes out of their struggle and poverty. There was a point in Western life where working a descent job was possible from merely a secondary education and from that job it was possible to have cars, a house, and a one income family. Somewhere in the disparities that have come between pay and the cost of living this is not possible anymore. The world turned from one in which the struggle of the worker was turned around by unions to one which was turned back on itself so that the disparity between the very wealthy and the worker once again left hard working people drowning in debt and despair. It is not clear exactly when this shift began. It is clear that somewhere along the way workers were taught they would not likely be workers for very long and that in supporting the wealthier 1% they were in effect protecting themselves for the time when they would become a member of that elite group. The worker of the 21st century is just on his or her stopping point before great wealth comes or a shot at celebrity will propel them to a point where tax incentives of the rich will be theirs to enjoy. The worker is no longer respected for their ethic but driven down by insinuations that they are just not trying as hard as the rest of their peers. The story from recent history that best describes the problem of believing in the dream of becoming rich is described by the emergence of the Republican supported character of Joe the Plumber from the 2008 Presidential Campaign. Wurzelbacher and Tabback wrote a book on Joe the Plumber about how he represented the average working class individual as he asked a question of President Obama before he won the race for President during his journey to Ohio. Joe the Plumber is described as “an American folk hero and the ultimate icon for the American class” (Wurzelbacher and Tabback 1). Joe created a scenario that padded his question with ideas about how the tax program that then Candidate Obama had in mind would affect him if he bought the company that he intended to buy. President Obama answered the question by showing him how the tax rates were intended to preserve the income of the workers, just like Joe, while providing for tax cuts for small businesses that made fewer than $250,000.00 per year. Joe felt this was not a good deal for him, despite how his realistic position was fully supported by the tax program. However, the question that he asked was predicated on the idea that he was going to purchase a company that would bring in between $250,000.00 and $280,000.00 per year. The fact was that ‘Joe’ was in no financial position to buy the company and as of the date of his question was not going to find the funds any time soon. While he was catapulted to fame and began to become a part of the political machine, in essence finding that pie in the sky dream, he was still one in a million. He was being used in order to create the idea that what is good for the wealthy is good for the working class and the poor ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Wealth and Poverty in US Essay Example | Topics and Well Written Essays - 2500 words”, n.d.)
Retrieved de https://studentshare.org/english/1476704-wealth-and-poverty
(Wealth and Poverty in US Essay Example | Topics and Well Written Essays - 2500 Words)
https://studentshare.org/english/1476704-wealth-and-poverty.
“Wealth and Poverty in US Essay Example | Topics and Well Written Essays - 2500 Words”, n.d. https://studentshare.org/english/1476704-wealth-and-poverty.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Wealth and Poverty in US

Social stratification and wealth inequality. US population

...bequeathed wealth from one’s ancestors. Over the passage of time, the division of social classes has come to encompass much greater range and depth. Often sociologists divide society into seven main social classes: 1. Upper-upper class: Old money 2. Lower-upper class: New money 3. Upper-middle class 4. Middle class 5. Working class 6. Working poor 7. Poverty level For the purpose of this essay, four of the classes will be analyzed, compared and contrasted in the context of the wealth inequity that exists between them. Wealth inequality is compared by using measures of social inequality. These include an analysis of the social worth of households, the...
12 Pages(3000 words)Term Paper

Poverty in the US

...? Does increasing poverty in United s have any relation with globalization? Does increasing poverty in United s have any relation with globalization? Poverty is a universal phenomenon which can affect any country irrespective of their economic power. No country, developing, developed or underdeveloped, is free from poverty. Poverty is one of the major concerns for the sociologists and economists. It is a condition in which a person fails to maintain adequate living standards for him and for his family members. Even United Sates is facing poverty related problems. According to Usborne (2008), “28 million people in the US...
5 Pages(1250 words)Essay

The wealth and poverty of nations

...? Wealth and Poverty of Nations Galileo Galileo was a great astronomer. He is said to have invented the telescope. It was his initial findings based on his telescopic studies that led him to conclude, as some others during the Middle Ages, that the earth goes around the sun. This was considered heresy by the Catholic Church, who decided to punish Galileo for his impudence. Around 400 years later they apologized. NAFTA This is the North American Free Trade Association, which involves the United States, Canada, and Mexico. All three countries have agreed to lower tariffs and ease trade amongst themselves. The treaty was signed in the mid-1990s, and is generally considered to be a big success. Treaty of Versailles This was the treaty... . The...
2 Pages(500 words)Essay

The wealth and poverty of nations

...to achieve our goals. We cannot just lift up everything to our beliefs. A lot of our countries today are experiencing great economic problems, thus we should not stop believing, and we should ourselves make a way to attain what we dream of. Our government should always make sure that they will never stop doing their best to uplift our economy. This will help us improve in the future. We should try until we can get what we aimed for and if the faith is the only way that keeps us trying, then we should keep it as well. References: DeLong, J. Bradford. Review of David S. Landes, The Wealth and Poverty of Nations: Why Are Some So Rich and Others So Poor?, (1998). Web. 23...
2 Pages(500 words)Essay

Wealth and poverty

...?The issues of wealth and poverty are universal when looking closely at how the society functions and which goals are the most significant for individuals in everyday life. It is a question of a broad discussion which has to epitomize the main theoretical points concerning the very nature of wealth and poverty and its causes in a societal construct of living. One of the first coming standpoints is that a man is a biosocial creature. In this respect all amenities of the society are peculiar to all human beings, as long as living in a material world presupposes the urge for having different things at one’s disposal. Thus, based on the theoretical paradigms of functionalism,...
1 Pages(250 words)Research Paper

Savage Economic - Wealth, Poverty and the Temporal Walls of Capitalism

..., which if not dealt with directly could worsen the situation (Henderson, 2002). On a further account, Blaney and Inayatullah argued that facing poverty directly could be a too painful and difficult experience to sustain. However, encircling is blaney and Inayatullah tends to endorse, can be argued to have more complications than facing the problem directly. For example, in the event of avoiding facing poverty directly, pleasure gained as a result of using circling instead of direct approach could raise some temptations of compromising the ideal goal of fighting poverty (Blaney and Inayatullah 2010). As political economy sets the stage for what wealth and...
8 Pages(2000 words)Coursework

Poverty and wealth in South America

...Poverty and Wealth in South America [The [The of the Poverty and Wealth in South America Introduction Research shows it is true that poverty and wealth in America's South is extremely very much a reality. Furthermore, study shows unmistakably that it is equally wide and persistent. Certainly, the rate of shortage in the South every time surpasses other regions of the country. In 2004, for example, persons at or under the federal poverty level (FPL) numbered nearly 15 million personnel or 14.1% of the sum populace of the southeastern United States.1 One study points out those 11 Southern states are home to 30% of all Americans-yet lay claim to 34% of the nation poor. Findings These comprise a dialogue or scrutiny of The a variety... of...
3 Pages(750 words)Essay

The Paradox of Wealth and Poverty

.... In the Philippines, Senegal, South Africa, and Kenya, experiments using cell phones for financial transactions among previously excluded populations are already showing positive results. The use of wireless technology could mean sudden, massive access opened up for poor, low-income, and remote people. Alternatively, technology could become the principal fad and focus of microfinance and donors, leaving some people behind. A new digital divide, at a lower level of poverty, could be created that is even more intractable than today. The world has been facing the problem of the paradoxical simultaneous increase in the wealth and poverty ...
10 Pages(2500 words)Research Paper

Development Economics: From the Poverty to the Wealth of Nations

... and Yoshihisa, 299). This sets a model that can be used to define the future on the availability of employment by considering the maximization principle. This model also helps to predict the interaction between the consumer and the firm characteristics and their economic optimum welfare. Work cited Hayami, Yujiro, and Yoshihisa Godo. Development economics: From the poverty to the wealth of nations. Oxford University Press, USA, 2005.print.... Economics Identify the themes of all 5 books of Adam Smith’s Wealth of Nations and briefly explain each theme. Adams Smith was initially a philosopher before he wrote about economics (Hayami &Yoshihisa, 9). The book Wealth of Nations is a genre in economics...
3 Pages(750 words)Assignment

Wealth and Poverty

...are those that are showing efforts in achieving their development goals; they have fair infrastructure, conditions of life as well as other systems that advance their ambitions in reaching great levels of economic development On the other hand, underdeveloped nations are those that have poor systems of governance, economic as well as welfare of the people. These countries have poorly developed infrastructure that is essential for economic development, in addition, their education system does not play a major role in empowering its people to be innovative and creative, for this reason, its people live in poverty. WealthWealth can be defined as the plentiful or abundance of valuable...
3 Pages(750 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Wealth and Poverty in US for FREE!

Contact Us