StudentShare solutions
Got a tricky question? Receive an answer from students like you! Try us!

Essay example - writing paper

Only on StudentShare
Ph.D.
Essay
Miscellaneous
Pages 6 (1506 words)
It has been existence for over 200 years and has seen many generations come and go. Unfortunately, the US is faced by numerous problems that have been assumed for so long. The nation is faced by…

Extract of sample

thing seems to be rippled, and only a few look concerned about the American problems, as everybody assumes that things are headed in the right direction. The scope of this essay is therefore based on the common problems that are likely to end the American dream, of which income inequality is the biggest problem of all the American problems.
Many people have been of the opinion that racism is the biggest problem facing America. The bold prediction has been that the rising income inequality will be the most crucial political battleground for the next few decades (Cal et al). Surprisingly, most of the American problems have resulted from income inequality and this problem has been there for so long. Economists have assumed the income inequality problem for so long despite its consequences. The gap between the rich and the poor has been increasing on a daily basis. The rich are spending more simply because they have more cash to spend. Their spending has been shifting the frame of reference that shapes the life of those who are in lower economic class, travelling in overlapping social circles. The middle class also spends more, shifting the reference frame for the group just below it, and the income ladder continues this way up to those living below the poverty line. Such cascades have made it more expensive for middle income earners to achieve basic financial goals.
Taking a look at figures such as the income that accrue to the top 1% increased from 9% in 1977 to 20% in 2012. The richest 0.1% used to control 7% of wealth in 1980 and 22% of the wealth in 2013. Meanwhile, many people have been of the opinion that the only way of reducing this income inequality would be through increasing taxes on income and wealth. Unfortunately, the rich will not allow this to happen. Income inequality has caused a snowballing effect on the distribution of income, as there is a high rate of saving top incomes. As a result, wealth has been concentrating at the top. The rising income ...
Download paper
Not exactly what you need?

Related papers

Writing process
The students can browse through books, journals and website to find adequate knowledge as well as possible options for the topic. The student may come up with five possible topics which is still subject for making it more specific and narrow so that paper will have focus and central theme.Topic formation is part of this stage wherein the student has decided for the main topic, thesis statement or…
3 pages (753 words)
"E. Porter’s “A Strategy for Health Care Reform — Toward a Value-Based" System analysis writing
"Indeed, the onlyway to truly contain costs in health care is to improve outcomes:in a value-based system, achieving and maintaining good healthis inherently less costly than dealing with poor health." (Porter, 2009). According to the author, moving toward universal insurance coverage as well as restructuring the care delivery system is essential for true reform and a value-based system is the…
2 pages (502 words)
writing
The writers can create their accounts on the website and take classes according to their writing requirements. I like the website as a whole because of its chances that it provides to new writers. I recommend it to all the learners of writing, as it is very constructive.…
4 pages (1004 words)
Analytical Writing Paper
While Amy Tan (1990) describes this reality through her own personal experience and in a linguistic point of view, Beverly Tatum (1999) goes further deep into the issue citing different examples from her own life and also from other circumstances she observed in society which include oppression based on color, sex, religion and even sexuality.…
4 pages (1004 words)
Writing Research Paper APA Style: Primary and Secondary Sources the Difference and When and Why to use Them
In the secondary research, the researcher studies the research work and conclusions of the previous researchers. Primary sources expose a research to much more challenges than the secondary sources do.…
3 pages (753 words)
Writing a paper regarding the movie "Miss Representation".
The media is evolving in the way it portrays women for the past few years however it is quite intriguing that it is not completely evolved. Women still play the roles of being sexual objects; little emphasis is made on their educational achievements and careers. However there are few films in the media which try to show women with strong personalities, depicting them as intellectual,…
3 pages (753 words)