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Wealth Inequality In America Essay

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The word “industrialized nation” is used by many economists to describe a more economically development country. It allows a higher living standards, advance technology, and other advancements. The gap between rich and poor is bigger than in any other advanced country, but most people are not aware of this. After watching the video “Wealth Inequally in America,” I was not surprise but disgusted. What happen to the American dream; working hard and going to school can change your life. Are we living into a “bamboozle” want-to-be fantasy? It seems like reality does not exist anymore; everything is a make believe society. Reality is often not what we think it is, is the American dream a hoax? Is it still possible to start out poor in this country, work hard and become rich? Recently, I watch this show “Undercover Boss” just to sum it up wealth CEO pretending to be a laborers which at the end offering workers various funds. According to the video “CEO pay is 380 times average workers,” (Politizane, 2012). In the past 40 years, …show more content…
Politician loved talk about this issue but do nothing about it. I think the wealth inequality debate ought to spotlight on, what public rules are assisting the growth of wealth by more. I am not sure if this can be solution or can be repair or even anyone care. The “Wealth Inequally in America,” stated that we should do something. Think about it, what we are doing about this issue. According to an article on Wikipedia, “the wealthy possess greater financial opportunities that allow their money to make more money. Also “affluent people are more likely to allocate their money to financial assets such as stocks, bonds and other investments.” The bottom line 90% of people are holding 73% of debt. In other word, people don’t have any idea about the actual number of wealth inequality in United States. Should we all be worry about this, what do you

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