Do you think the wealth inequality in America is too harmful?
There is an increasing divide between the 1% and the 99%. Is this how it's supposed to be or will there be serious problems down the road?
The term wealth inequality is a euphemism that appears to make the assumption that having resources is some how a right that every person should be guaranteed from birth. Accepting this premise, allows individuals to believe that their well being is the responsibility of some one or some thing other than themselves. Our country's birth and growth was not based upon this premise. "Wealth inequality" is not the problem in America, although the perception that it is, the cause of poverty, is.
Our country has made a once hard working, self supporting citizen base into parasites that live off a federal government that acts like a giant mammary gland. We have a spoiled nation where only the immigrants seem to know that they have to work for a living to support their families. (Even squirrels know that they have to store nuts away for the winter to survive). This is unsustainable. Government must pull back, so that people can be allowed to keep the money that they earn from their labors. Small businesses must be allowed to grow and flourish.
As the belief in God diminishes in America, so do the morals that have historically prevented people from making their own rules to balance what they experience as an unfair equation.We are already seeing increases in crime in areas that have been previously considered safe spots. For instance, the city and surrounding area of Oakland, California. Many retirees are choosing to live in gated communities because they feel unsafe living in their own homes elsewhere.That is like living in some third world countries, where gangs will kill a whole family to obtain the contents of their home. Liberal policies have increased the divide between rich and poor because they do not support free enterprise, the work ethic, traditional families or biblical morality. Loss of those values leads to chaos, which is what we are seeing in the White House and throughout our country everyday. Chaos is a place where people make up the rules as they go along and where there are no consequences for disregarding the laws that are in place to maintain a sustainable society.
No, it just shows me that there people who work and people who don't. You don't become wealthy without lots of hard work, If you are working hard and barely getting by why blame someone else, or expect some of what they have. Live within your means, and you will have a great sense of life.
Those who have answered this question are apparently unfamiliar with the data on wealth inequality in America.
Since 1980 US financial policy has focused on lower taxes and fewer audits to make people accountable. Analysis of the latest IRS data reports the average income of the vast majority of taxpayers in 2010 (adjusted for inflation) was only slightly more than the average income going all the way back to 1966. Those at the top of the scale saw their 2010 average income grow by $18.7 million per taxpayer compared to 1966.
This very real situation exists because those in power in our country decided to make it happen. And they will keep telling the rest of us to "pull ourselves up by our bootstraps" as long as we keep falling for the idea that somehow the situation is our fault or worse, we're just imagining it.
by ga anderson 6 months ago
Thanks to TessSchlesinger for a couple of links that provoked the thought of this topic.The first was a 2014 article about one billionaire's view of the danger of extreme wealth inequality."I see pitchforks.At the same time that people like you and me are thriving beyond the dreams of any...
by icv 3 years ago
Do you think, the political system is the force behind expanding wealth inequality?Thomas Picketty's book says, the existence of inequality is widening day by day. What you think on that?
by ahorseback 4 years ago
I believe that the most important lessons of life were taught to me from being primarily raised in poverty .. I do NOT nor will I ever believe that any good will come of redistribution of wealth in America ., There are a thousand lessons , especially those...
by Cas Merchant 5 years ago
Do you see any way to balance the financial inequality in our world today?The rich people seem to be getting greedier by the day, while the poor are struggling to make it THROUGH the day. It is so blatently unfair! Do you see any way to begin to right this wrong, or will it continue forever? Where...
by Doug Hughes 9 years ago
Last year there were 1.4 million personal bankruptcies in the US. According to a study by the American Journal of Medicine in 2008, 62% of bankruptcies are linked to medical costs. An astounding 80% of those people HAD medical insurance.Conclusion: Over 800,000 bankruptcies in the US in 2008 were...
by Aman Ullah Ghazi 8 months ago
Need detailed and honest explaination.
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