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Gap Of Inequality Between Social Classes In The United States

748 words - 3 pages

In the article “Confronting Inequality”, Paul Krugman argues that the gap of inequality between social classes in the United States is growing because of self- interest. He cites a “movement conservative”, Irving Kristol, who claims income inequality is not important because there is social equality. Krugman uses Kristol’s statement as a starting position to state his own. Krugman describes the claim as being a “fantasy world” and not the “real America we live in” (Krugman 246). I agree with his statement, many people were not aware of this issue five years ago, the fact that the upper class is gaining power. They have “their own virtual country” and “a separate economy” (Krugman 246). The upper class has many opportunities that prevent the middle and lower class from achieving the same success. Fewer opportunities for the lower classes are harming America’s vision of equality for all. Their chances of achieving the American Dream have been cut down because of government, health care, and self-interest.
Krugman implies that government is being controlled by wealth and the upper class. For example, any case that is brought to courts can always be settled with money. Think about how celebrities commit felonies and do not have to spend time in jail. The wealthy pay their way out of their problems which makes it unfair for the rest of the people who cannot afford it. The government has also been involved in reducing taxes on the rich, making them wealthier. Krugman adds, “the hedge fund loophole is a classic example of how the concentration of income in a few corrupts politics” (Krugman 250). The hedge fund loophole is decreasing taxes on highly successful business managers and is harming the government’s profits. While the government loses money, the wealthy make it. The way income is being distributed throughout the United States is becoming problematic. The rich have their own well-off lifestyle and the other classes are struggling to even keep a home. The middle class buys houses that they cannot afford in order to try and give their children the opportunity to be successful. Many times these houses are close to desirable school districts that give middle-class children a good education. Unable to...

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