The Inequality Of Income And Class Gap Essay

1265 Words Sep 10th, 2016 6 Pages
The United States classifies our hierarchical class structure by the income brackets individuals reside in. These brackets rank the poorest poor to the most elite. The basis of the levels is on income, wealth, education, and occupation. The sections of a pyramid sort the classes into their group, with the majority of the population concentrated towards the lower levels. Political and economic power is fixated in the smallest socioeconomic bracket occupied by America’s wealthiest and most prestigious. This paper will outline the problems of the income and class gap, and propose solutions that may provide social supports to assist families ' move out of their financial stress.
The income inequality seen in the United States today is detrimental to the upward mobility of individuals’ wealth, availability of goods and services, and unequal health opportunities. Researchers Eric Neumayer, a London School of Political Science and Economics professor, and Thomas Plumper, an economic specialist with the Department of Socioeconomics (2016), conducted research on how the inequalities of income correlated to the inequality of longevity of life. Their research described how lower incomes have negative consequences associated with poverty, lessened health security, and more financial strain in day-to-day expenses. Perhaps one of the most profound outcomes of the inequality of income in the United States is that it concentrates power to the most elite and rich class. This has widened the…

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