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Ashton Maier
What is wealth, or what does one count as being wealthy? By owning a Ferrari,
another nice car, or a nice house, looks can be deceiving. They could lease all those
things and write a check but can bounce back because of all the debt they have. People
equate wealth with net worth total, the sum total of your assets minus liabilities which
can include loans, and other debts. Assets can include from personal vehicle, savings in
The real question is that do you agree that hardworking people like construction
workers, electricians, plumbers, and other people that do hard labor get paid only an
average salary compared to people that just have to take pictures and get paid millions,
or actors that only get paid 2 million per movie they make, yes it is entertainment, but
Gallup.com they recorded surveys from Americans and asked about their input with the
wealth distribution, and they put them into groups. As you can see in the chart more
tend agree with the Should be more evenly distributed. Why do you think that is?
Average Americans believe they should even it out more because its strongly correlated
with their partnership and ideology. The big topics are usually political parties because
one likes to spend and the other doesnt so much because they have the public opinion
and they are a direct line to the president. As you can see the agreement ranges 86%
with Democrats, 85% among Liberals, and a toss up between 56-34% in the
Republicans and they are the only ones that agree with that the money is equally fair.
paycheck according the Dave Ramsey, which whom is a financial advisor who
extremely hates debt, and according to Gallup.com they went online and asked
people with their cookies to take a survey if they should heavily tax the rich so the
money can distribute fairly. If you look at the outcome of the surveys they took you
can see not much has changed and you can also see that the Republicans are
not in favor of that again. The average adult was 52% in favor and 45% said no,
out of that 52% people had an average income is $75,000 or below. Nearly 46%
of Americans are strong redistributionist in that sense, they believe the distribution
of wealth and income is not fair, and condone heavy taxes on the wealthy people.
Another 16% of an average American doesn't agree with the wealth distribution,
but dont condone with taxing the rich. For the past 30 years the mindset of an
but half of the people someone asks wont understand the financial terms,
investment portfolio, stocks and bonds, etc. So this will be simple, on Washington
Posts they gave stats on average White/African American families in the U.S take
home net worth and majority was white families, so the trend for unequal wealth
A CEO of a literally makes 300 times more than his or hers employees and
the top 10% of the richest take home 76% of all wealth in America and
Washington Post had a chart of wealth inequality and the U.S has the largest gap
of unequal distribution of money. How does that make you feel? Do you think that
is fair? Is there a different way America should do things? Families that make
under the average take home pay which is 50k a year tends to vote for opposing
side of the money distribution? A lot of people dont like how people do simple
things and get paid millions, or people that put their trust into someone to watch
for their money so nothing happens to it.
Before 2008 hit, people put their money into Wall street and they trusted
Wall street for some reason and when 2008 hit. The economy was in an all time
low recession and after the financiers figured that out they bailed and left the
average American to fend for themselves with the little money they had. After the
economy people learned the truth of who they were investing in, the famous Wall
Street Protest in 2011 tried to accomplish that change of the wealth distribution.
Lets honest with reality if you have a lot of money you have a lot of power on our
topics we read about people that had a lot of money and they did something
morally and ethically wrong but just let the issue slide away because all people
care about in this world is money. With money brings power, fame, and other
things people desire. A truest form of an American is a person that actually works
So after telling you all about those situations with unequal wealth
distribution, I am finally going to give you my opinion and my opinion stands with the
majority I think its total bogus. The reason is that I work with my dad and he owns his
own tree business and his job is so hard, it may sound easy but it is long, sweaty, and
gets bloody everytime because the wood sticks into your skin, and after a long day's
work I look back at reality and I see Kim Kardashian and her whole family as a joke, she
is the most worthless person ever she has no talent what so ever, all she has to do is
sign her name and she gets a million dollars, but my dad working long hours and doing
hard work and gets what he gets and its beneficial to the world. What does Kim do,
posts nudes on Instagram or her ugly face or her psychotic boyfriend, its just annoying
how all the power is supposed to be with the people but the people will just get paid by
money. Money is the actual power in the world, not just the U.S.
Pazzanese, Christina. "The Rich and the Rest." U.S. News & World Report. U.S. News & World
Ingraham, Christopher. "If You Thought Income Inequality Was Bad, Get a Load of Wealth Inequality."
Gallup, Inc. "Americans Continue to Say U.S. Wealth Distribution Is Unfair." Gallup.com. N.p., 04 May