Wager…wages…?


For my final paper, I am thinking about writing it on the wage discrepancies between the higher and lower classes.  After reading about the Wal-Mart cases and their wages they pay their employees and playing around with the State of Working America website, I became more interested in this problem.  It seems that the gap is widening between these two groups and it is becoming more of a relevant problem, especially with our economy and the recession.   I am not sure if I will continue with this topic; I feel like there might be something more interesting and more relevant than wages in America.  I do think the wage issue is very prevalent in today’s society and I am becoming more aware of this issue after  reading the Wal-Mart case and other articles on this.  Learning more about the wage issues and the average wages that each social class earns is also useful to know I think.

The information I have acquired so far is just on the gap between the higher and lower classes.  It is amazing to see how fast the gap is widening and how much it has changed over the years.  If the lower class is getting paid less, or if their wages do not change with the changing economy, it makes it more difficult for them to support a family and live well.  With our economy today especially, it is difficult for people to earn a living and support more than one person with a low wage such as Wal-Mart’s, which is $18,000 a year for regular employees.  This issue should be addressed by our government and I think the people need to help bring awareness to this since it is a large problem in our society today.

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5 Responses to Wager…wages…?

  1. Slade says:

    I think this is a great paper topic. It may just be difficult because of all of the content involved with deciphering what establishes the widening gap that in between the upper and lower classes. There are a lot of other things to look for besides income levels such the tax breaks involved which reminded me of an article I once read from Warren Buffet talking about how much of a tax break he gets even compared to the other super rich (because, of course, he is still more rich than they are). Perhaps something to look into!

  2. tpm011 says:

    I wonder if the gap between the rich and the poor is a main cause for an unstable economy

    • I would definetely say it adds! Ecspecially because the gap is growing….or is the gap growing because the economy is unstable?

    • Jordi says:

      It may make it harder and harder to find steady growth leading capitalism to seek new, quick fix ways to create disposable income, especially in our economy that is like 70% consumer consumption. Wat could be leveraged… hmmmm… what valuable asset do many households have…hmmmm I wonder…..

  3. cornerback5 says:

    Is there any feasible way to decrease the gap without upsetting or unfairly affecting the side that has rightfully gained their high status through the rigorous path of higher education?

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