Middle Class Tornado
(An Analysis of Robert B. Reich’s, Why the Rich and the Poor, and its Effects on the Society) There have been drastic debate about the different social and personal issues that have come with the recession that the United States in general has been experiencing, but also the recession that has been affecting countries around the world. This global recession has come from the recession in the U.S. as it is the most, or at least one of the most influential countries in the world. There are very few countries that are able to make an impact on the rest of the world the way that the United States does. This means that when the financial gap between the upper and lower classes of the citizens of the U.S. was called into questioned, …show more content…
Ronald D. Lankford explains that, “In regard to attitudes toward the rich, Americans seem more willing to raise taxes since the recession began. In poll after poll, most Americans agree that the rich should be taxed at a higher rate.” (Lankford) Nearly all lower class and middle class citizens seem to believe that as long as the rich pay higher taxes, this economic gap is going to decrease drastically. Robert Bernard Reich was born in 1946 and became a political economist, professor, author, and political commentator. He also served as Secretary of Labor under President Bill Clinton’s administration. He obviously had the experience and knowledge of financial issues and the feelings of the American people. Through an analysis of Robert B. Reich’s, Why the Rich are Getting Richer and the Poor, Poorer, it can be concluded that this very thing happens because the middle class is ignored, which happens because of the …show more content…
We have truly made little to no real efforts to improve these circumstances. The politicians promise to fix everything, but they are all talk and no walk. As Reich explains, “The salaries and benefits of America’s top executives, and many of their advisers and consultants, have soared to what years before would have been unimaginable heights, even as those of other Americans have declined.” (267) Those who are in charge of our country and in a sense in charge of our economy don’t care about the average people, they care about themselves. They care about their paycheck and their popularity, so they increase their own paychecks and throw extravagant parties for all their wealthy friends so that they seem like good people. We are started to loose and essential knowledge that Roy Hattersly is able to explain, “A pound has greater value to the poor than to the rich. Luxury goods and services, essentially the product of competitive relationships, are losing their allure; instead a sense of community and the reassurance of friendship are becoming the essential features of a contented existence.” (Hattersly) We have to stop believing the manipulative politicians and work to improve our own economy. We need to work on starting up more ma and pa shops to improve the employment rates. The citizens of the world, and especially of the U.S.,
(An Analysis of Robert B. Reich’s, Why the Rich and the Poor, and its Effects on the Society) There have been drastic debate about the different social and personal issues that have come with the recession that the United States in general has been experiencing, but also the recession that has been affecting countries around the world. This global recession has come from the recession in the U.S. as it is the most, or at least one of the most influential countries in the world. There are very few countries that are able to make an impact on the rest of the world the way that the United States does. This means that when the financial gap between the upper and lower classes of the citizens of the U.S. was called into questioned, …show more content…
Ronald D. Lankford explains that, “In regard to attitudes toward the rich, Americans seem more willing to raise taxes since the recession began. In poll after poll, most Americans agree that the rich should be taxed at a higher rate.” (Lankford) Nearly all lower class and middle class citizens seem to believe that as long as the rich pay higher taxes, this economic gap is going to decrease drastically. Robert Bernard Reich was born in 1946 and became a political economist, professor, author, and political commentator. He also served as Secretary of Labor under President Bill Clinton’s administration. He obviously had the experience and knowledge of financial issues and the feelings of the American people. Through an analysis of Robert B. Reich’s, Why the Rich are Getting Richer and the Poor, Poorer, it can be concluded that this very thing happens because the middle class is ignored, which happens because of the …show more content…
We have truly made little to no real efforts to improve these circumstances. The politicians promise to fix everything, but they are all talk and no walk. As Reich explains, “The salaries and benefits of America’s top executives, and many of their advisers and consultants, have soared to what years before would have been unimaginable heights, even as those of other Americans have declined.” (267) Those who are in charge of our country and in a sense in charge of our economy don’t care about the average people, they care about themselves. They care about their paycheck and their popularity, so they increase their own paychecks and throw extravagant parties for all their wealthy friends so that they seem like good people. We are started to loose and essential knowledge that Roy Hattersly is able to explain, “A pound has greater value to the poor than to the rich. Luxury goods and services, essentially the product of competitive relationships, are losing their allure; instead a sense of community and the reassurance of friendship are becoming the essential features of a contented existence.” (Hattersly) We have to stop believing the manipulative politicians and work to improve our own economy. We need to work on starting up more ma and pa shops to improve the employment rates. The citizens of the world, and especially of the U.S.,