Social media is obsessed with the Epstein files and the cover-up
that is happening at our highest branches of government. I will admit that it
is a huge problem that has grabbed not only the attention of the country but
also the world. I don’t think that problem will go away until the White House
is cleansed of the corruption that has infiltrated it and is threatening to
destroy our great country. Only when we move beyond that corruption can we
begin to address the real economic and social problems that have plagued our
country since Reagan.
Income inequity refers to the unequal distribution of income
across various segments of society. While some gap is expected in any economy,
extreme inequity can lead to social unrest, reduced economic mobility, and
weakened democratic institutions. We must explore the causes, consequences, and
potential solutions to income inequity in the United States and globally. Over
the past four decades, income growth has stagnated despite rising productivity.
While income measures earnings, wealth encompasses
assets such as property and investments. The wealth gap is even more
pronounced, with the top 10% owning over 70% of total wealth in the U.S. Income inequity is not confined to the U.S.
Countries like Brazil, South Africa, and India also face stark disparities,
often exacerbated by historical and systemic inequalities.
There are many reasons for Income inequity. Automation and
AI have displaced low-skill jobs while increasing demand for high-skill labor,
widening wage gaps. Outsourcing and global supply chains have led to a decline
in manufacturing jobs, which in turn has impacted middle-class incomes. Regressive
tax structures and loopholes often benefit the wealthy, reducing redistributive
effects. Unequal access to quality education limits upward mobility for
lower-income families. Decline in unionization and rise of “gig work” using
temp agencies have weakened wage bargaining power. This has been very relevant
since the Reagan Administration. Some of the consequences are very apparent. High
inequity correlates with increased crime rates, political polarization, and
reduced trust in institutions. When
large segments of the population have limited purchasing power, overall
economic growth suffers. Income inequity contributes to unequal access to
healthcare, nutrition, and safe living conditions. Children born into
low-income families face significant barriers to education, employment, and
financial security.
What are some of the solutions, and what are the road blocks
to those solutions? You could increase taxes on high earners and close
loopholes to fund social programs. That is exactly the opposite of what is
happening now. Tax breaks have been continually given to the upper-income earners,
and we continue to cut social programs. Provide a baseline income to all
citizens to reduce poverty and stimulate demand. The Government and
particularly the Republican party have been dead set against raising the
minimum wage or making any effort to raise people out of poverty. For the last
40 years, we have seen the inequity gap grow larger and larger. We need to
expand access to early childhood education, vocational training, and college.
The dumbing down of America is getting so bad that 29 percent of all U. S.
physicians were born in another country as are 24 percent of the dentists. Silicon
Valley's technology workforce is worse. 66 percent of tech workers working in
the region were born in another country.
The number of foreign-born workers is a direct result of not wanting to
invest in the education of the youth of America. We should strengthen unions, raise the minimum
wage, and regulate gig economy practices. Instead of strengthening the Unions,
we make it harder for them to unionize and even take away negotiating rights
from government workers. Most don’t even recognize that there is a problem with
the gig workers. As far as affordable housing, we need to increase supply and
subsidies to reduce cost burdens on low-income families. Instead, we blame the
poor and the immigrants for our housing problems. It is easier to blindly blame
those in need than it is to solve real problems.
In America, it appears that poverty is a direct outcome of
capitalism. It is not an inevitable outcome; it is a policy choice. By
addressing the barriers and investing in inclusive growth, we can reduce the
disparities and build a more equitable future. We have identified the problems,
but the real problem is rallying the political will to solve the problem. So
why don’t we gather the political will to solve the problem? Why is it that we seem to be working to
increase the inequity gap in America? That would be because the Republican
Party is. What do you think DEI is? The attack on DEI by the Republican Party
is a direct attack on the solutions that we need to solve the problem. DeSantis
worked his butt off to try to make it seem like DEI was some problem that was
devouring our society. The real truth DEI
is a mindset that can save our society. What is the opposite of Inequity? It
would be Equity, which is the E in DEI. When you have a system that refuses to
pay a livable wage, to create equity, you have a system that perpetuates
poverty. The same with education. To create an educational system that works
for everyone, you have to embrace Inclusion. Inclusion is the I and DEI. Unless
you embrace an education that embraces everyone, you will continue to import
more and more foreigners to do the professional and technical jobs as the
country moves forward.
We know what the problems are, and they are not that people
are lazy or that people are stupid. We have a system right now that is built on
lies and untruths, so one group of people feels superior to another. Many call
it racism and bigotry. What I think is that we intentionally have a system that
is meant to divide the diverse nation that we are. Instead of embracing our diversity
and working so that everyone can have the American dream, we have a system that
keeps us divided. It is much easier to divide and keep us stupid than it is to
build a nation that works for everyone. Solving the Inequity problem would
truly make America great.
Comments
Post a Comment