Paul Krugman Confronting Inequality Summary

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In the article “Confronting Inequality” by Paul Krugman argues that income and social inequality damages society and democracy. At the beginning of the article Krugman claims that our country has returned to Gilded Age levels of inequality. The article states that inequality is growing and affecting the other social classes. As a result low and middle class families are struggling to get by. Krugman states that inequality leads to less opportunity. An example would be healthcare. If you have lack of health care and basic education, it can put you at a disadvantage. Some people might think that government inequality can also impact this problem. Additionally, high income Americans are much less taxed than they used to be. The bush tax is a tax