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Inequality for All: Income Inequality in The United States

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This film happens in 2008. During that time, the world had a big economy. In 2011, the Wall Street has a big revolution and demonstration. Breaking the serious gap between the rich and the poor in the US society. The film explores the causes of income inequality and the consequences of a vicious circle in the view of former US Secretary of Labor Robert Reich: When wages fall, many people are forced more debts; higher tuition fees, and lower access to higher education. The film will be impoverished, work shifts, higher education, industrial changes and other keywords for a comprehensive discussion. Economic imbalances are now approaching unprecedented levels in history.

Rich and the poor in the United States was that they were powerful and could wage higher salaries on behalf of the workers. Capitalists are vying to lower the wages of workers, and their reputation is to increase their competitiveness. The result of the reduction in wages of the middle class is the decline in consumption power, which ultimately leads to the economic recession of the society. The film repeatedly emphasizes that higher education is the basic pillar of economic development. Germany’s investment in higher education is huge. This is an important reason for its economic success. The film believes that the United States economy needs to be revived and increasing investment in higher education is the focus. I have heard different from other information about social class in America, I studied in America for 3 years. I can see their economic development is faster. Also, different states have different economic development. For example, In Nebraska, although they are mainly based on agriculture and oil production, they are developing very fast. Besides, Seattle’s Economy development speed is not bad. It’s just that their main development is different. The economy in Seattle is like a city developing a country with high technology. This is what I found in different states in America.

In this film, most relatable to the content found in our course is to tell the economic development problems that the society is facing. There is also a difference from the economic development that began in the 20th Century to what it is now. This is the part I think this movie is closest to our course. The filmmakers presented the topic in a manner that is fair to all sides. According to Robert Reich ‘We’re in the biggest economic slump since the Great Depression, and we can’t seem to get out of it. So much of the nation’s income and wealth are going to the top, that the vast middle class doesn’t have the purchasing power to keep the economy going. I’ve spent most of my working life concerned about what’s happening to American workers – their jobs, their wages, their hopes, and fears.” This is what the filmmaker says about changes in the economic development of the United States over the past few years and also the economic advantages and disadvantages in the United States. Also, this economic advantages and disadvantages can make them change a lot about their life. On the other hand, there have some jobs let them feel fear and they don’t want to get this job. Because the wages of these jobs are not proportional job so he wrote this set of film to express his own feelings and economic development in the 20th century to the present.

Nowadays, that is economic starts depression. the United States can discuss the future of the middle class and expand income inequality, but it is not a purely partisan issue. I think we have had enough. Because the government always need middle-class people to pay a lot of tax and fall into debt. This has been a vicious circle that has always existed in most American middle classes. I want to give you one example, In the United States, between 2008 to 2019 the economy starts to be the economic downturn and rise. The economic fluctuations in recent years have been very large. That is because the United States president Trump has promoted many factors that ignore the economy. I want to talk about one example, according to Chafuen, ‘Where is the economy heading in 2019? Changes in economic growth are much less volatile than the performance of stock markets. To forecast what will happen in an economy, it is better to focus on the fundamentals, which is to say, examining causes rather than effects. In my forecast for 2018, I included as a factor of my optimism the increase in the value of U.S. stocks during the first years of the presidency of Donald J. Trump. This year I include in my analysis the bumpy downward ride of stock prices in late December.” I think free companies will only cultivate and release the enthusiasm of all the entrepreneurs who still exist. We are already very strong. From the perspective of growth rate, we are easy to be the financial market is distracting. Relative back to inequality for all, during that time, there are many financial storms during this period. Make many people feel guilty. In contrast, I feel that the current economy is starting to turn better than before.

I will say this film talk about is communism. Based on a more stable and mature society, society has begun to enter the stage of free development, that is, the stage of entering the free world. When the public ownership world has sustained and stable development, the free world has taken shape, that is, there are no classes, countries and the government; the government’s functions are almost consumed in all areas of society. The so-called communism refers to the advanced stage of communism, that is, the free world of communism. Also, almost all the middle class of American need to pay the government and the government can be averaged to each person. This way it’s fair for some people. In contrast, it’s unfair to people who have given the government a lot of tax and money.

In my opinion, this world there is a problem of inequality. This world has three Steps of things to start to change the world before they have an inequality problem. First, society is formed and there is a difference between the rich and the poor. After the first stage, this is the second stage. The rich rob the wealth of the poor to expand their wealth, and the poor have to be rich with the rich to survive. The rich swindle the poor to make social contracts, use so-called laws to protect the rights of the rich to defraud the poor, and politically and legally establish the rich to the poor rule. The final stage is the way the law and severely trampled. This is how the creation of the world from the beginning to the present has become an unfair treatment. After these three Stages, it will become an unequal society. I think American’s tolerance is almost to the limit. Also, I think if we need to solve this problem. I think only can use this method. It is believed social contract should be established, from the equality of nature to the inequality of society, and then to the equality of society. Such a cycle is the clue and driving force for social development. In my opinion, I feel inequality and democracy only have each one at the same time. Inequality treatment is annoying and tried for all the people. When people feel that they are being treated unfairly, they will start fighting for democracy. Therefore, inequality and democracy are impossible together. Democracy is only the result of unfairness. This is the relationship between inequality and democracy.

I choose the job work in a restaurant. I think was the most difficult choice I had to make it in my car and my children the activity. This gave has made me unable to make a mess of money because if I spend any money, I will go bankrupt at any time. When the game progressing, the most surprised that I will spend a lot of money for each money. I did not ask any friends any friend. Because I think I can use self- sufficiency. What’s more, I think everyone has their own problem to solve, so maybe my friends may be helpless. If I need to make this decision under actual circumstances, I will be very worried. Because I think this is just a time bomb. I think this is a time bomb that can make me feel depressed. I am in this game, I learn the importance of money. If we don’t have money, we can live in this world. Also, this game lets me learn how I can make good use of money. 

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Inequality For All: Income Inequality In The United States. (2021, March 18). GradesFixer. Retrieved December 1, 2021, from https://gradesfixer.com/free-essay-examples/inequality-for-all-income-inequality-in-the-united-states/
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Inequality For All: Income Inequality In The United States [Internet]. GradesFixer. 2021 Mar 18 [cited 2021 Dec 1]. Available from: https://gradesfixer.com/free-essay-examples/inequality-for-all-income-inequality-in-the-united-states/
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