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Contents contributed and discussions participated by hcps-yirgaja

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The Increasing Income Inequality In America [INFOGRAPHIC] - 17 views

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    "The 1940s to the late 1970s, while by no means a golden age (as evidenced, for example, by the perpetuation of gender, ethnic, and racial discrimination in the job market), was a period in which workers from the lowest-paid wage earner to the highest-paid CEO experienced similar growth in incomes. This was a period in which "a rising tide" really did lift all boats. This underscores that there is nothing inevitable about top incomes growing faster than other incomes, as has occurred since the late 1970s. The unequal income growth since the late 1970s has brought the top 1 percent income share in the United States to near its 1928 peak." This article explains the ever increasing income inequality in modern day society. It verbally and non-verbally describes how the income of the top 1% of America is rapidly occupying a greater percentage of the income of all the populaces of the United States of America and that the income share of top one percent is nearing the peak it reached in 1928.
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Opportunity gap stalks U.S. children as inequality grows - Central Maine - 14 views

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    "A student at one of America's most selective colleges is 14 times more likely to be from a high-income family than from a low-income one, based on a 2010 study by Carnevale and fellow Georgetown University economist Jeff Strohl. Those schools usually admit less than one-third of applicants." This article summarizes the unfortunate opportunity gap in the USA. It expounds on how statistics show that kids from the upper-class almost have it in their DNA to get their degree, while those in the middle-class and lower class are seeing it as an aspiration. The resources and educational tools being brought about by wealth are increasing the gap between the rich and the American middle-class and lower-class
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