Wealth Inequality In America Essay

Wealth inequality in the United States, also known as the wealth gap, refers to the unequal distribution of assets among residents of the United States. Wealth includes the values of homes, automobiles, personal valuables, businesses, savings, and investments (Inequality, 2014). The ideal idea of how distribution in our country should be is not even close to what most Americans think it to be. The reality is far off from what we think it to be and what we consider it to be ideal (you tube, n.d.). It’s time Americans wake up and face reality, because the reality is that the top 1% of Americans have so much money that is beyond believe. 1% of the wealthy Americans own stocks, bonds and mutual funds and the bottom 50% of Americans own ½ of a 1% of the investments which means most Americans are scraping scrapes to survive (you tube, n.d.). A CEO of a company does not need to work as hard as an average worker to get paid. A CEO gets paid in hour, what the average worker gets paid in over a month. Now, what’s fair now, I’m pretty sure the CEO worked hard to where he is now, although most are just born lucky and into wealth, but the bigger picture is that the distribution is totally off (you tube, n.d.). Knowing this helps us into not needing to go into socialism to find out what is fair for Americans. It’s evident that no matter how hard we …show more content…
It’s time we wake up. It’s scary knowing where most Americans take place in a chart of distribution. The poor are so poor that a placement in a chart is not even located and the wealthy are so wealthy that they go off the charts. The wealth gap is too big, to even think about, but the idea is, knowing that the majority of the Americans are being treated unfairly. The system is unfair and upsetting. This assignment has awaken something in me. Something I had never given thought to. This whole idea is mind blowing (you tube,