I. Confronting Inequality (Dialectical Journal #2)
II. Krugman, Paul. “Confronting Inequality.” They Say I Say. Eds. Birkenstein, Cathy, Russel Durst, and Gerald Graff. New York: New York/ London, 2009. 394-403. Print.
III. The article “Confronting Inequality” is primarily about the inequality amongst the classes in the United States and how not everyone has the same opportunity to advance.
IV. “Democrats rallied to the support of hedge fund managers, who receive an unconscionable tax break” (page 329).
v “Not only don’t Americans have equal opportunity, opportunity is less here than elsewhere in the West” (page 328 They Say I Say).
V. Not only do Americans not have equal opportunity it is less likely for one to advance if they come from a low-income family. Unfortunately, for the rest of the population the kids that score from in the lower fourth of the exam but they came from a wealthy family are more likely to finish college than someone who scored high on the test and come from a low income family.
Nevertheless, the inequality also plays a major way in how the United States is run by the government. The government gave a huge tax break to the hedge fund managers in the top percentile of the country instead of helping out the lower income families. This is all due to the fact that the hedge fund companies not only support the Republicans in their race to be elected but they also support the Democratic party as well.
In addition, the tax breaks for these wealthy individuals not only affects the way the government is run it also affects the country’s revenue. As a result of the tax break on hedge fund managers leave the country with a deficit of over six-billion dollars in American currency, which would be the equivalence of “providing health care for three million children” (Krugman 322 They Say I Say).
In the end where have all the ideals that the United States was built on gone? It is unfortunate to think that this is true.
Regrettably, the reality of it all is do we as Americans really think we have more equality than we really do?
Nevertheless, the inequality also plays a major way in how the United States is run by the government. The government gave a huge tax break to the hedge fund managers in the top percentile of the country instead of helping out the lower income families. This is all due to the fact that the hedge fund companies not only support the Republicans in their race to be elected but they also support the Democratic party as well.
In addition, the tax breaks for these wealthy individuals not only affects the way the government is run it also affects the country’s revenue. As a result of the tax break on hedge fund managers leave the country with a deficit of over six-billion dollars in American currency, which would be the equivalence of “providing health care for three million children” (Krugman 322 They Say I Say).
In the end where have all the ideals that the United States was built on gone? It is unfortunate to think that this is true.
Regrettably, the reality of it all is do we as Americans really think we have more equality than we really do?
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