Income inequality in the United States

The median household wealth for whites exceeds $91,000 and for blacks it is merely $6,000. Home ownership, America’s main component of wealth is 72% for whites and 43% for blacks. Median household income for whites is $59,000, for blacks it is $35,000. Unemployment for blacks is 11%, for whites 5%. Black poverty rate is 29% and for whites it is only 10%. These are not opinions, these are not up for interpretation, and these are the facts. The American…

employees overall feel that they are entirely invested in the Lincoln Electric Company. Many of them state that compensation is the leading advantage of working there. Some state their salary, along with bonuses, was around $50,000. According to the US Census Bureau, the median household income before taxes in 1980 was $17,710 (US Census Bureau, 2003). The difference in the average household income and the income from Lincoln Electric is large. Several of the employees interviewed stated that…

these concepts—inequality, poverty, and violent extremism. It begins by providing a concise and comprehensive meaning more so as they apply to, and/or are used in this study. Furthermore, we engage available and relevant literature with the aim to discover various positions of scholars regarding these concepts in the past. This will guide as we navigate this terrain. Finally, it provides the theoretical framework upon which we build our inquiry. 2.1 CONCEPTUAL DISCOURSES INEQUALITY; POVERTY;…

for Law and Economic Justice (NCLEJ) in the United States, there are 46.5 million people living under poverty. That means every one of six people in the Untied State are living in poverty. Poverty affects a person’s education, health and also affect the United States economy. The government should provide more resources and financial help for those who lives below the poverty line. In the article “11 Facts About Education and Poverty in America” it states that there are more than 30 million…

receives a decent paycheck. Work-study, like any other type of financial aid, is reserved for students with financial need; it is part of a student’s financial-aid package (Lipka, 2007). Work-study has many advantages over regular part-time employment: Income from a regular job can diminish a student’s financial aid eligibility, but work-study does not factor any of the student’s earnings into their eligibility for future financial aid (Lipka, 2007). According to the U.S Department of…

“trade transit of a vessel along the coast (coastal trading), from one port to another within the territorial limits of the nation ”. In other words, the Jones Act is a series of cabotage laws regulating commerce within the jurisdiction of the United States. Throughout the development of international commerce, cabotage laws have been a source of controversy. The Pro-cabotage movement claims that these laws are necessary in order to “protect domestic shipping market and the jobs associated the…

DeKalb County is a county located in the United States of Georgia. According to the 2015 census, the DeKalb County has a total population of 691,893. In the DeKalb county the female population accounts for 52.1 percent of the population, whereas the male population accounts for 47.9 percent. The median age in the DeKalb County is 34.3. However, the highest percentile is the 16 years and over which accounts for 78 percent of the population. In the DeKalb County, Black or African Americans makes…

value assigned to their Target stock, but they do not have a right to challenge the terms of the merger, including the conversion ratio. It will usually be advisable to apply for a permit from the California Commissioner of Corporations. For federal income tax purposes, the transaction is treated as a distribution which might be treated as a sale. The creation of Newco and the merger of Target into Newco are disregarded and Newco uses Target’s federal employer identification number, tax yea…

more and more college students find themselves in financial turmoil. As a result of absurd tuition cost, students are degraded to the point of choosing between an education or satisfying basic physiological needs. Food insecurity is defined as a state of living where access to quantities of affordable nutritious food is unreliable. The University of California Irvine is…

The current demographics of Kennesaw and the surrounding cities are undergoing significant population growth. The median household income of Kennesaw has remained higher than the per capita income area, as well as the rest of Georgia. Kennesaw has a higher household size and labor force participation rates. Kennesaw’s population is estimated at 32,000 with a median income of $62,146 and a homeowner rate of 67.3…