Consequences Of Poverty And Economic Inequality

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U.S. Poverty and Economic Inequality.
There have been many dysfunctions result from social structures throughout the course of history. The negative consequences begin from the conflict between different factions within society based upon social class, race, and gender. Individuals with a conflict perspective reflect how supremacy and intimidation together hold society. ( LEON-GUERRERO 14). There are many inconsistencies to be exposed between social relations and structures, but in this paper the examinations of economic variations within society will be displayed. Economic inequality can be described as an unequal distribution of income and opportunity between different in society; research shows that it is a violation of social justice and …show more content…

Economic inequality has been escalating at a rapid pace for the last 30 years. Beginning in 1930, the U.S. financial systems were at an unsurpassed low; high rates of bank failures affected every class of society (Goldberg). Additionally, President Obama in 2013 stated “the defining challenge of our time” could be identified from “the combined trends of increased inequality and decreasing mobility”, ( LEON-GUERRERO 32). Income inequality ensures the difficulty of getting out of poverty is at an unprecedented high ((Labor Markets & Poverty). A projected 43.1 million people American people lived in poverty in the U.S. Census Bureau’s 2016 estimates (What Is the Current Poverty Rate in the United States?). Even though there are 13 government programs with the intent to defend Americans from poverty and assist people with low income. Necessities such as suitable housing and adequate nutrition are some of the benefits resulted from safety net programs. For an example, a program known as the Supplemental Nutrition Assistance (SNAP) has been supplying people with approximately 74.6 billion dollars in aid and has served over 45 million people. (What Are the Major Federal Safety Net Programs in the U.S.?). The obvious concern is what the government can improve within safety net programs to address poverty and decrease income inequality to assist families and individuals get out of poverty (Labor Markets & Poverty). While, America is alleged as one of the richest countries; lack of adequate shelter, housing, water and food supply, insufficient income, and living values are only a few examples of the effects from the economic crisis in the United States ( LEON-GUERRERO 32). In the Stanford (CPI) ‘Poverty and Inequality in 10 Well-Off Countries, 2010’ Data Table 2, the U.S. was the lowest ranking country in the well-off category, due to the low standards in