Poverty And Income Inequality In The United States

Over the past four years into the economic recovery session there has been some progress in the poverty rates. However, the rates weren’t significantly improved in the number of Americans living in poverty. It is always the same old story where the gains from the economic growth go largely to the wealthiest Americans, and I believe that there should be an end to this. If you could just hear me out, and listen to the solutions I have to reduce both poverty and income inequality.

As we mentioned above the United Sates still faces poverty problems. To address this problem the first solution would be creating more jobs. The best pathway out of poverty is a well paying job. To start this of, the federal government should begin investments that create jobs. A great strategy would be rebuilding our infrastructure. By this I mean renovating abandoned houses and making use of all that space for other
One solution to this problem is to weaken the dollar itself. The United States should stop imports from countries from countries with cheap unskilled labor. By devaluing the dollar it makes U.S exports cheaper and imports more expensive. A second solution is to relax the licensing rules. This is one of the major barrios that the state forces people to take classes and pay licensing fees in order to perform specific jobs. These licenses often put people on hold for almost a year because of the education they have to go through. Without these rules it would make it much easier for low-income people to enter well-paid professions. Last but not least would be fund early childhood education. People that come form poor families are in a greater disadvantage than others. They have a harder time tying to keep up with the middle class living. If the U.S were to start this funding not only would it make its students smarter, but also it would give them a greater chance of getting a high skilled good paying