The Economic Inequality Of America Essay

1208 Words Apr 11th, 2016 null Page
During the last thirty decades, The American Dream began to fade as the wealth of the rich began to soar while the wealth of the middle class stagnated as inflation increased. Instead of seeing a rising opportunity today, the American populace are seeing a rising inequality between the affluent and themselves. A major factor for the instability of America’s economic growth is the wealthy putting money in politician’s pockets. The rich are controlling the government to benefit their own agenda, rather than to benefit the ones that are lacking simple rights and services in all parts of the country. Although the fight towards improving the economy has been a long and arduous struggle, it is something that American citizens should and could fight against to bring back the American Dream.
The economic inequality in America has expanded over the past several decades and is continuing to grow at a large rate. In 1978, the typical worker earned around $48,302 while the typical 1% earned around $393,682 a year. In 2010 the typical worker earned $33,751 a year, while the typical 1% earned a whopping $1,101,089 a year (Inequality for All). If one compares the two years, one can observe that the wages of the typical worker have stagnated and decreased with inflation. The 1% only get richer and richer while the middle class get poorer and poorer. According to the film Inequality for All, the top 400 richest people in America have more wealth than the bottom 150 million Americans put…

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