Pros And Cons Of Poverty In America

Poverty in America More than forty-five million people, or 14.5% of Americans today are living below the federal poverty line. As we know twenty-two percent of wealth is owned by only one percent of the population. This means that only 78 percent of Americas wealth is distributed throughout the upper middle class, lower middle class, working poor, etc. According to Frank Holmes a person that is apart of the 1% has to earn at least $521, 411. While a family of four that is considered to be living in poverty makes an average of $24,600(Amadeo 1). A way to combat the poverty levels on American soil is by changing our system of government. Capitalism has many perks such as: an established free market, consumer growth, little interference from government, and much more (7 Decisive Pros and Cons of Capitalism). Though Capitalism works wonders on our economy and grants certain levels of freedom, it does lack in some areas like: giving a true amount of equal opportunities, and a real care for the middle class and below. Overtime Capitalism creates an economy that it is money-oriented. Instead of providing for the common good, businesses create products or services with only profit in mind (Pettinger). To put it bluntly, services are only available to the people that can afford them. Changing our government from a
Many people today believe that raising the national minimum wage to fifteen dollars an hour would only have a good impact everyone. According Carmen Rios raising the minimum wage is necessary because a person, no matter what they do or how well educated they are, deserve to know what its like to not worry about feeding themselves and live in an adequate shelter (Should the Federal Minimum Wage Be Increased?). A recent person who ran for president, Bernie Sanders, gained a lot of support for his ideas about increasing wages as a means to help the lower