GLOBAL context
Isnt it strange that the U.S is said to suffer from more poverty than any other developing country [who have equal standards of living]? With all of the opportunities given to people who live in the United States, it is shocking to think we have one of the highest poverty rates within this wealthy, industrialized country.
Therefore, here are some more general questions to think about when regarding the gap between the rich and poor:
1) Were you aware of the growing gap between the rich and the poor?
Yes and no. If the economy were not where it is at this moment in time, I do not believe I, nor other people would be as aware of the gap between the rich and poor.
2) Why do you think the U.S. has higher income inequality than other industrialized countries?
Since this term refers to inequality among individuals and groups within a society- I would say that a majority of the income inequality in the U.S comes from the differences in opinions regarding ways to create wealth within the country.
3) Why do you think the U.S. has some of the highest poverty rates among industrialized countries?
Over-spending.
4) Do you think it’s possible to end extreme poverty? Why or why not?
I do not believe that poverty can be ended completely, but putting an end to EXTREME poverty does seem attainable. Jeffrey Sachs' nine ways to end extreme poverty seem to be the steps towards heading in the right directions- but his #1 step seems most sufficent and correct. It states, "Commit to the task: The whole world needs to embrace the goal to end extreme poverty". -- I thoroughly agree with this statement because nothing will be accomplished through one person.
Therefore, here are some more general questions to think about when regarding the gap between the rich and poor:
1) Were you aware of the growing gap between the rich and the poor?
Yes and no. If the economy were not where it is at this moment in time, I do not believe I, nor other people would be as aware of the gap between the rich and poor.
2) Why do you think the U.S. has higher income inequality than other industrialized countries?
Since this term refers to inequality among individuals and groups within a society- I would say that a majority of the income inequality in the U.S comes from the differences in opinions regarding ways to create wealth within the country.
3) Why do you think the U.S. has some of the highest poverty rates among industrialized countries?
Over-spending.
4) Do you think it’s possible to end extreme poverty? Why or why not?
I do not believe that poverty can be ended completely, but putting an end to EXTREME poverty does seem attainable. Jeffrey Sachs' nine ways to end extreme poverty seem to be the steps towards heading in the right directions- but his #1 step seems most sufficent and correct. It states, "Commit to the task: The whole world needs to embrace the goal to end extreme poverty". -- I thoroughly agree with this statement because nothing will be accomplished through one person.
You make some vaild points, but don't you also believe that the income inequality in this country also has to do with race. Majority of the rich are White while the poor are minorities and Black which is a very sad fact. I agree with you when you say that putting an end to extreme poverty is attainable, but just like you I think that poverty will always be here.
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