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Income Inequality in America
The distribution of wealth in America has been uneven since 1970. We can see the uneven distribution by comparing one of the wealthiest man in America, Bill Gates, who makes over $50 billion, to a homeless person, who has nothing. This shows an income inequality in the U.S because there is a huge gap between rich and poor. While the unemployment rate has decreased in the U.S, the gap between rich and poor in this country has dramatically increased (“Understanding the Distribution of Wealth in America”). There are many contributions to the gap, such as different education levels among citizens and cost of living. The main reason that contributes to the income inequality between rich and poor is technological advances. Technological advance hurt the low-income class greatly but at the same time is a big gain to the higher class.
Many of today’s technological advances have eliminated wide range of jobs in the industry. Today’s technology is growing rapidly through out the work force. A rapid change in technology means that there are machines that can replace human’s jobs. For most low-income workers this means unemployment. Since most of these workers had little or no education, it is very hard for them to kee
Approximate Word count = 887
Approximate Pages = 4 (250 words per page double spaced)
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