https://www.youtube.com/watch?v=QPKKQnijnsM (Links to an external site.)Links to an external site.
How is our Political Culture in America allow for such income inequality. Do you think it should change? Explain. Make sure to respond to at least ONE of your peers comments.
The first time I saw this video, I was shocked to discover that the top 1% percent takes home almost a quarter of the nation’s income. The political culture in America allows this income inequality since half of the bonds, stocks, and mutual funds belong to the 1% while the bottom 50% only own half a percent. Another thing is that CEO’s are making 380 times more than their average employees. They would need to work a little bit more than a month just to earn what their CEO earns in just an hour. I think how the culture is now should change because the rich only get richer and the poor only get poorer. Times are getting harder with all the prices increasing especially for necessities such as education. It would be nice for this to be evened out even just a little bit but, it’s unrealistic, I believe the rich want to keep their safety net of wealth.
the discussion should be 6-8 sentences, and the response should be 3-4 sentences.
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