What is the extent of economic inequality in America? How can the government lessen this inequality?
What will be an ideal response?
An ideal response will:
1, Assess the extent of inequality in the United States. Over the last four decades, the United States has seen large increases in income inequality—more so than in other countries.Social mobility is actually more limited in the United States than in most other established democracies. The change in income distribution has come about because the very rich have gotten much richer while others, especially the poor, have seen their incomes stagnate. Studies of wealth show even more inequality than those of income: One-third of America's wealth is held by the wealthiest 1 percent of the population, another one-third is held by the next 9 percent, and the remaining one-third is held by the other 90 percent.
2, Evaluate what measures the government may take to lessen inequality. To eradicate poverty, some people believe, the government should ensure that everyone has a minimal level of income, as well as adequate access to education and health care.
3, Describe the various programs designed to ensure a basic standard of living, such as Social Security, unemployment compensation, Medicare, and Temporary Assistance for Needy Families. Note that these programs may keep people out of poverty, but they do little to lessen inequality because the wealthy are continually getting wealthier.
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When surveyed, which of the following are regularly identified as ‘first’ priorities by respondents in the EU?
a. employment and stability b. research and development in new technologies c. freedom and ease with which one can travel d. all of these
Lamont participates actively in a TAN that deals broadly with economic security. Identify the two specific types of security Lamont’s TAN might deal with, and explain how TANs like Lamont’s deal with issues in these two categories.
What will be an ideal response?