Wealth Inequality In America Summary
After watching the video, "Wealth Inequality in America", published by Politizane, I was surprised when finding out that only the top one percent of America has 40 percent of all the nation's wealth. It was also surprising to discover that the top one percent owns half the country's stocks, bonds, and mutual bonds, while the bottom 50 percent of Americans own only half a percent of these investments. One of the notions I had that was challenged by the video was the amount of money the wealthy actually have compared to the rest of the classes. I was aware that wealth mostly distributed to the wealthy class, but I never imagined that the division between the wealthy class and the rest of the classes would be so huge. Its incredible that the CEO's
and other people with higher positions are getting paid 380 times more than the averge worker's pay even though the average employee works more harder. It is also sad to discover that an average worker would need to work more than a month in order to earn what the CEO makes in only one hour. The facts in the video changed my perspective about the inequality found in the United States because it made me realize that something needs to be done to bring more equality to the gap of wealth between the classes.
and other people with higher positions are getting paid 380 times more than the averge worker's pay even though the average employee works more harder. It is also sad to discover that an average worker would need to work more than a month in order to earn what the CEO makes in only one hour. The facts in the video changed my perspective about the inequality found in the United States because it made me realize that something needs to be done to bring more equality to the gap of wealth between the classes.