Income Inequality Case Study

Decent Essays
Others have provided greats answers. I will highlight how government contributes to income inequality in negative ways:
* **Minimum wage: **prices out inner city youth from the job market. Creates permanently unemployable groups of people. Helps large corporations because they can pay and harms small businesses because they cannot way.
* **Occupational Licensing:**** **Today, one in three jobs requires some type of state license—up from less than 5 percent in the early 1950s. Many of these licensing regulations defy common sense. To name just a few of the more egregious examples: florists, interior designers, hearing-aid fitters, and hair braiders are licensed occupations in one or more U.S. states. In Tennessee, to be a qualified “shampooer” (someone who shampoos and rinses customers’ hair), a person must complete 70 days of training, pay a $140 fee, and pass two exams.
…show more content…
Nuclear Regulatory Commission, Securities and Exchange Commission, Food and Drug Administration, and Agriculture Department in one way or the other have been influence by the industries they are supposed to be regulating. Interstate Commerce Commission has been abolished. Google it, see why. In practice, as more time passed between the inception of an agency, more influenced it becomes by the industry.
* **State funding of colleges: **Many community colleges receive less money per student from the state government than do the public universities. What do you think of people from Compton subsidizing UCLA

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