blog




  • Essay / Inequality for All: Income Inequality in the United States

    This film takes place in 2008. At that time, the world had a large economy. In 2011, Wall Street experienced a great revolution and a great demonstration. Breaking the serious divide between the rich and the poor in American society. The film explores the causes of income inequality and the consequences of a vicious cycle according to former US Secretary of Labor Robert Reich: when wages fall, many people are forced to take on more debt; higher tuition fees and lower access to higher education. The film will focus on poverty, work shifts, higher education, industrial changes and other keywords for in-depth discussion. Economic imbalances are now approaching levels unprecedented in history. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get the original essay In the United States, both the rich and the poor were powerful and could pay higher wages on behalf of workers. Capitalists compete to lower workers' wages and their reputation is to increase their competitiveness. The result of reduced wages of the middle class is the decline of consumption power, which ultimately leads to the economic recession of society. The film repeatedly emphasizes that higher education is the fundamental pillar of economic development. German investment in higher education is enormous. This is an important reason for its economic success. The film believes that the American economy needs to be revived and the focus is on increasing investment in higher education. I have heard different information than others about social class in America. I studied in America for 3 years. I see that their economic development is faster. Also, different states have different economic development. For example, in Nebraska, although they are primarily based on agriculture and oil production, they are growing very quickly. In addition, the development speed of Seattle's economy is not bad. It's just that their main development is different. Seattle's economy is like a city developing a high-tech country. This is what I found in different states of America. In this film, the content most related to the content of our course is to tell the economic development problems that society faces. There is also a difference between the economic development that began in the 20th century and what it is today. This is the part that I think this film is closest to our journey. The filmmakers presented the subject matter fairly to all parties. According to Robert Reich, “We are going through the greatest economic recession since the Great Depression and we cannot get out of it. So much of the country's income and wealth goes to the top, as the vast middle class lacks the purchasing power to keep the economy running. I've spent most of my professional life worrying about what's happening to American workers: their jobs, their wages, their hopes and fears. This is what the filmmaker says about the evolution of the economic development of the United States in recent years as well as the economic advantages and disadvantages of the United States. In addition, these economic advantages and disadvantages can lead them to change many things in their lives. On the other hand, some jobs scare them and they don't want to get that job. Because the salaries of these jobs are not proportional, so he wrotethis series of films to express one's own feelings and economic development from the 20th century to the present. Nowadays, it is the beginning of the economic depression. The United States can discuss the future of the middle class and increasing income inequality, but this is not a purely partisan issue. I think we've had enough. Because the government still needs middle class people to pay a lot of taxes and go into debt. This is a vicious cycle that has always existed in most middle-class Americans. I want to give you an example: In the United States, between 2008 and 2019, the economy starts to be the economic slowdown and rise. The economic fluctuations of recent years have been very significant. This is because US President Trump has promoted many factors that ignore the economy. I want to talk about an example, according to Chafuen: “Where is the economy going in 2019? Changes in economic growth are much less volatile than stock market performance. To predict what will happen in an economy, it is best to focus on the fundamentals, that is, to look at the causes rather than the effects. In my forecast for 2018, I included as a factor for optimism the rise in the value of U.S. stocks during the first years of Donald J. Trump's presidency. This year, I'm including the bumpy decline in stock prices at the end of December in my analysis. I believe that free enterprise will only cultivate and unleash the enthusiasm of all the entrepreneurs who still exist. We are already very strong. From the perspective of growth rate, it is easy for us to be distracted by the financial market. In relation to inequality for all, many financial storms arise during this period. Make a lot of people feel guilty. On the other hand, I have the impression that the current economy is starting to perform better than before. I will say that this film is about communism. Based on a more stable and mature society, the society began to enter the stage of free development, that is, the stage of entering the free world. When the world of public property experiences sustained and stable development, the free world takes shape, that is to say, there are no longer classes, countries and governments; the functions of government are almost consumed in all areas of society. The so-called communism refers to the advanced stage of communism, that is, the world free from communism. Furthermore, almost the entire American middle class has to pay the government and the government can be distributed on average to each person. This way it's fair for some people. On the other hand, it is unfair to the people who gave the government a lot of taxes and money. In my opinion, there is a problem of inequality in this world. This world has three steps to start changing the world before you have an inequality problem. First, society is formed and there is a difference between the rich and the poor. After the first step, here is the second step. The rich steal wealth from the poor to increase their wealth, and the poor must be rich with the rich to survive. The rich defraud the poor into social contracts, use so-called laws to protect the rights of the rich to defraud the poor, and politically and legally establish the power of the rich over the poor. The final step is respect for the law and its severe trampling. This is how the creation of the world from the beginning to the present has become unjust treatment. After these three stages, society will become unequal. I think American tolerance is almost reaching its limits. Also, I think if we have to resolve.