1. Social Inequality
In 1977 the total after tax income of the bottom 40 percent was double that of the top one Percent of all Americans. ... In the article " Why the rich are getting richer and the poor poorer" it states that "between the years of 1978 and 1987, the poorest fifth of American families became 8 percent poorer, and the richest fifth became 13 percent richer." ( Reich, 309) Between those ten years the earnings of an unskilled worker were declining, while the incomes of investment bankers and other security industry workers incr...
- Word Count: 1944
- Approx Pages: 8
- Has Bibliography
- Grade Level: High School