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Contents contributed and discussions participated by hcps-vutk1

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Income Inequality May Take Toll on Growth - NYTimes.com - 2 views

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    "The concentration of income in the hands of the rich might not just mean a more unequal society, economists believe. It might mean less stable economic expansions and sluggish growth." This article outlines income inequality and the effect that it has had on our nation. In addition, it discusses the recession and how it could be explained by inequality and the possibility of income inequality greatly affecting us in the next couple of years.
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Privilege Is a Privilege, and a Responsibility - NYTimes.com - 10 views

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    ""It's far more demoralizing to work and be poor than to be unemployed and poor," Linda Tirado writes in her book, "Hand to Mouth: Living in Bootstrap America," about her own experiences living in poverty. "Being poor while working hard is crushing. It's living in a nightmare where the walls just never stop closing in on you."" This article discusses the wealthy and that the "primary predictor of our economic circumstances as adults, is not our I.Q. or how hard we work, but rather our parent's level of income as we grew up." Overall, it talks about the lives of people below the federal poverty line and how they should be able to get help from those more fortunate than themselves.
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