Sunday, September 25, 2011

If this law is made, then surly only the rich will benefit, LETS DO IT :/

Personally, I do believe that there are social structures, economic structures, and other man made structures that do limit people in todays America. Anything from racism to a flimsy social safety affects a persons job decision as well as his or her pay, along with many other things. Already, when the person wakes up one is faced with a disadvantage due to the laws of the land. Certain structures in place definitely limit people, which in turn limit class mobility and upward progression. An issue with a social structure that I have always disapproved of is the "Social Safety Net": "The U.S. safety net has historically been much thinner than those in other industrialized nations." America is one of the most developed countries in the world, yet it has a horrible social safety net system. If one is fishing with a net that has, big, wide netting, and all the fish can pass through it, then what's the point of that net? If thousands of people can fall through Americas social safety net and be left behind, then what's the point of it? Other systems used by other countries are better at solidifying people, in terms of staying afloat. Other countries poverty rates are much lower than the U.S.'s.

Another issue is the fact that there is a massive gap between the rich and poor and the fact that its growing is proof itself that the system in place doesn't work. Another issue that Collins draws upon is how during the 1990's "executive compensation grew to more than 500 times average worker pay." It is the current system that allows such a person to make so much money. It is also the current system that allows such a person to make so much money and not be taxed sufficiently. No doubt the CEO of a company should take home the majority of his or her earned money, but as Warren states "take a hunk of that and pay forward to the next kid that comes along." In other words, the government should tax the rich much more than they do now, this then will lead to more money being shared and distributed. In time the gap will lessen and perhaps the economy as a whole will be more healthy.  



 

1 comment:

  1. and remember that we all take advantage of social and political policies. But most of us take it for granted and still insist 'we did it all ourselves.'

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