Thursday, October 10, 2013

The Growing Gap

Former President Jimmy Carter was interviewed a few days ago and commented on the growing gap between the rich and the poor; he said “Compared to when I left the White House, the difference is twice as great as it was between the richest people and the poorest people. And the middle class has now become more like poor people than they were 30 years ago.”

Carter says that the middle class right now is equivalent in “poorness” to the lower class during his own presidency. The rich are always getting richer. It is a fact. The number of jobs lost, and the number of jobs converted from full time into part time jobs because of obamacare. The income flow of these already low paying jobs is slowing even more. The situation isn't getting better, it is getting worse.

“The richest people in America would be better off if everybody lived in a decent home and had a chance to pay for it, and if everyone had enough income even if they had a daily job to be good buyers for the products that are produced.” Carter makes the point here that if people can’t make a decent amount of money, they won't be able to pay for any of the products created by the rich. this would cause all sorts of problems.

How else can this problem affect america? What do you think about the situation? Do you think this is an inevitable situation or is it brought upon by recurring factors

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