Sunday, November 8, 2015

Are the rich getting richer and poor getting poorer?

The most common response is you need money to make money. It’s unfortunate we all couldn’t be born with a sliver spoon because if we were, we all would be destined to be wealthy. Far too many of us are born into poverty and remain there. It’s difficult to work an entry level job without a proper degree, in most cases a lot of low income families just can’t afford to attend college. So they settle for minimum wage jobs, where they barely make enough to get by. As upper class families continue to climb the ladder in life, and can afford a higher education are more likely to become business owners. Upper class make more to invest in more things and continue to get wealthy. When you’re rich you have better opinions, and better opportunities in life. The poor just don't have as many opinions

Friday, October 30, 2015

"The American Dream Is Leaving America"

I agree with Nicholas Kristof claim, the America dream is leaving America. In this day in age its hard to be a middle class American, its very expressive. It seems like  No matter what you do to live the American dream you end up in debt and began falling behind.  For example: If you want to go to school to get some kind of degree. So you can  have a career you end up with all these student loans you have to pay back. While still trying to maintain your household. You spend years trying to pay off your debt, while trying to manage your bills, kids car notes etc. Once you paid yo students loans off you may now have falling behind in your bills. This now becomes to overwhelming and you have created more debt for yourself, so your not "Going up in life" you're trying to "Keep Up in life". In Kristof essay he talks about a Pew survey, that finds the growing gap between the rich and poor to be a threat. As well as the education system that decrease opportunity but not inequality. Kristof gives us background on how his dad left France in 1951 because of the lack of opportunity, and headed to America. He attended an university, earned a Ph.D and became an university professor. If his dad attempted to do this in this day in age he would have had better opportunity in Europe than in America. Researchers find economic and educational mobility are now greater in Europe than in America. Which i agree "The land of Opportunity" doesn't offer much of an opportunity these days.