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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.

 

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