Sunday, August 18, 2019
Essay --
Aliza Lichy Ms. Hoff American Government 1/15/2014 The Importance of a Strong Middle Class Having a strong middle class indicates that Americaââ¬â¢s democracy will be effervescent and its economy will be beneficial, which will lead to the notion of precisely what America is all about. The setback is that the weakness of Americaââ¬â¢s middle class not only harms those affected by it, but all other individuals living in the U.S as well. Americaââ¬â¢s incomes are deteriorating or weakening, while items necessary to live increase in cost, and the probabilities of falling behind are beginning to develop. It is important that the gap between the upper class and the lower class is condensed, this way a strong middle class will be emitted. The modern persona of middle class citizens in America derives from the post World War II era. In 1944, the GI Bill was created to provide returning veterans with money to cover college, business, and home mortgages. This money gave servicemen the opportunity to afford a home of their own for the first time ever resulting in the vast pr oliferation of residential construction. This was how American subdivision commenced (Suddath). The fault in the subdivision initiated when the strong gap between the upper class and the lower class formed due to income inequality, race and gender disparities, education, and technology. The American government is working to rejuvenate the middle class and shorten the gap between the upper and lower class. In 2012, Vice President Joe Biden stated, "America's middle class is hurting, it is our charge to get the middle class ââ¬â the backbone of this country ââ¬â up and running again" (ââ¬Å"A Strongâ⬠n.d.). The revitalization of Americaââ¬â¢s middle class is possible. In order to do so, the costs ... ...ny other ways that income is received consistently. Race and gender disparities are also a cause of the gap. The ââ¬Å"gender earnings gapâ⬠in America as well as the ââ¬Å"Gender Wage Gapâ⬠are other names for the difference in a male and females income year round. This information is gathered and used by economists and federal agencies as part of the current population survey. In 2010 the median income of year round workers was $42,800 for men, compared to $34,700 for women. The ratio of money earned was 0.81, reaching a somewhat higher ratio than that of 2008. The female-to-male earnings ratio of 0.81 means that, in 2009, female FTYR workers earned 19% less than male FTYR workers. The determination of the difference in income does not include the experience, education, skill, qualification, and more of the males and females as long as its full time (ââ¬Å"Income inequalityâ⬠).
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