Rich And Poor In America Essay

689 Words3 Pages

In The United State, the gap of rich and poor seems to be one of the biggest problem that can't slove yet. Almost of American people belive that even you are poor ,but if you working really hard someday you would become richer and earn more money. In an early 1990s, Amirica economic growth very well like the workers produce the product 30% much more than could do in the past. During the time the income also increasing faster a lot and make Amiraca finally become inflation. In the 2000s, the economic come to be boom again after the infllation passed, but the income of the emplyee was not improve than 1% from that time. Amirican were not like thier economics at all so the government need to plan about the way to slove this problem by average the income and taxes of all Amirican but the result that they get was not like what they thought at all because the range that they get is less than the average. They are so afriad that if it still be like …show more content…

We can see that now only 10% of Americal people income are increasing while other 90% are steadily or did not change that much. They also see the wealth chasm that growing up so fast since the past from 7% in 1979 to 22% nowsaday. and this can show that the country's gap between rich and poor people increasing a lot. It is also relate to the effect of the 2008 financial crisis on the wealth. It effect all of the incomes of the Americans specially for the middle to the low people. Because rich people can find the way for themselves to earn the money back while middle and poor people did not gain anything. As what we know that United State is one of the biggest and most powerful country in our world, it is not only effect on America income and economic but it also seperate to all around the world decreasing their economic and