Many may argue that the falling economy and the wealthy not wanting to share their shares is to blame for the raising rates of poverty here in the states. Poverty of course, has a lot to do with money and income but underneath that it is has a deeper story. Stories of how different people are suffering from it and how they are managing to live day by day. It almost seems as if it’s a foreign nation of its own and you only understand the concepts if you are in it. There is no doubt that here in America we are dealing with one of the greatest economic downfalls.
Patel, Bob Herbert’s article “Hiding from Reality” focused directly on Robert. H. Frank’s discussion for “Income Inequality”. In the reading “Hiding from Reality”, author Bob Herbert discussed the hole that the American economy is in now. There is a progressive downfall in our economy that is getting worse and worse by the days. Herbert states that “The unemployment rate is increasing and the U.S job market salary isn’t enough to provide for the average American family”.
He implied that the Americans have been wasting too many resources. However, after a few years, he became one of the victims of affluenza. He has vowed for raising the economy without thinking if it is a good thing to the Americans. The idea of article pursuit for more money or goods has been set deeply in Americans’ minds. It has caused us and our next generations loose the balance of the value in our lives.
According to Gallup, the lack of good jobs in America is a greater problem than the inefficient healthcare costs, runaway government spending, and even global terrorism. The lack of good jobs is a poignant crisis in America today, and is making our nation bankrupt. When GDP is up, there are more jobs in a nation, resulting in better welfare. This is why GDP is so important to the welfare of its citizens. GDP is the sum of all goods and services produced in a country during a year (Ferrell).
The poverty rate has rapidly increased, depression has reached an all-time high, mass destruction throughout the entire country has caused chaos, there is a substantial amount of pollution within the nation, and also the war has forced Afghan people to participate in the drug trade because a scarcity of jobs and a need for income. First and foremost, Afghanistan has been negatively affected by approximately thirty years of war because of the rapid increase in poverty among the Afghan citizens. According to the Persian BBC, over twenty million people currently live under the poverty line. This includes a great number of people who were once considered educated and successful people in society. Afghan people are constantly looking for means of survival, such as food and shelter.
The family is constantly migrating in search for survival while the job market remains very limited. Charles Hearn the author of “The American Dream in the Great Depression” argues that depression years had classified “little men” as heroes and put emphasis on security over advancement and spiritual values over material values. Moreover, he makes an important observation on the change in the American Dream in the history of United States. The stock market crash of 1929 impacted American families financially as well as psychologically. The rising unemployment and lack of adequate food and shelter were nonetheless circumstances inevitable by majority of Americans.
This interpretation of “living the dream,” has begun to fade away, making “The American Dream” unattainable for many. The American Dream is fading, as higher education has left many students lost and in debt, income inequality is expanding, and economic fairness is dwindling. In today’s America, the struggle with income inequality has grown into more of an issue. Due to the struggle with income inequality, the gap between the rich and the poor is significantly expanding, causing the dream to travel further out of reach for many. In his article, “Keeping the Dream Alive,” Meacham mentions this issue in today’s economy.
This is seen clearly in some modern day examples. Many American's are finding it increasingly harder to find a job, thus not being able to pay their bills. An individual may look at his problems and realize that his problem also affects over 10% of our nation. This is no longer an individual, personal issue, nor is it because he is lazy or worthless. Rather, Mills would argue, we should look at our current economic crisis and the lack of regulation in our housing market and
The imbalance has caused the middle class people to work longer hours to get out of terrible debt. In 1980, the average US household debt per person was less than $20,000. In 2008, it increased to nearly $50,000. According to director Charles Ferguson's lucid, probing exploration of what caused the recent financial crisis that nearly crippled the world market; the increase impersonal debt was one of the many consequences of a series of events that began with the deregulation of the financial industry under President Reagan in the 1980s. Just around the time Gordon Gekko was spouting, the virtues of greed in Wall
MENTAL ILLNESS AND FAMILY ATTITUDE Mental illness is a source of serious social problem, not just because of the number of people affected by it but also due to the extent to which social life is affected. From the very historic age, mental illness is viewed as a punishment for the sin one do. A person became mentally incapable of doing thing is considered to be a sinner either on this life or in the past life. The belief of the rebirth is strongly supporting the mental illness in an individual. Without any doubt or question, we can say that the family members are mostly prone to stress and are in dilemma.