Today, econnomics is the one of the biggest issues in America.In the "Cofronting inequality," Paul Krugman responds to how inequality affecting to median income people and why should we care about it.I agree with him because inequality makes median income people more stressful.Because if we see some people around us getting richer day by day, and some people not getting rich or just moving little bit ofcourse we feel stress.As human beings, we want progress and develop ourself in any field.such as: studying, working and promotion, and good income.We all have desire in these things.
Midium class people have stressful life because they have to do so many things with their little money.Such as:rent, food, paying bills, support child care etc.They work very hard but don't have time for families.For example, "Who built pyramids," Mike Lefevre wishes, If I had a twenty- hour workweek,I'd get to know my kids better, my wife better.This is reality because in America many poor families wishing for this to happen, however, it's not easy because if they work less, their minimum wages not enough to support their families.On the other hand, in the film,"Born rich" people have alot of money they can do whatever they want, still they afraid of losing money and some of them are bored .So it shows inequality makes people in the society unsatisfied.
Good start, Shoba. I look forward to reading more. I'd like to hear how you think the film shows that inequality in and of itself can be a problem. How does being so out of touch with the rest of the society affect them?
ReplyDeleteA couple things about your terms: 'economics' generally refers to the subject of study - like you take an economics course. Is there another term that would refer to the *issue* you're talking about.
"Median" is the statistical term for the exact income that 50% earn more than - the general group your describing here would be 'middle class' and/or 'working class' - think about what those terms might mean.