Module 7: Discussion Forum

Module 7: Discussion Forum
Part 1: Initial Post

For this assignment, you are asked to summarize your research findings into a condensed passage and submit it for publication in a public setting (no passwords or registration required to view your passage). While we hesitate to use the word “publication,” knowing that it might seem utterly terrifying to some, this should be a low-stakes way to get your thoughts out to the world to ponder. Additionally, doing this will provide you with another way you can present your ideas to others.

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Below, you will find instruction noting where you might submit your entry for publication. If you have tried any of these before, pick a different option, as long as it entails *open publication for public viewing,* so you are doing something you have never done before.

Instructions:
Summarize the main points and conclusion of your Research Project in a minimum of one (1) concise paragraph. Publishers appreciate conciseness. Do NOT submit your entire Research Project. You may include one small visual, if appropriate for your publication environment.

Here are a few suggestions for you to consider for publication of your passage:

Contribute your passage to a Wikipedia (Links to an external site.)Links to an external site. page related to your research topic. Just find an entry you feel relatively confident adding to, and go for it. Instructions on how to edit an entry are located on the main page of Wikipedia.
Add a comment to an “active” blog dealing with the topic of your Research Project. Share a few of your research findings, and you may want to include some final thoughts about your research issues.
Submit your passage as part of a letter to the editor of a magazine or a local newspaper, for example, as you deem appropriate. Many publications have details on how to submit on their sites.

After you submit your entry for *open publication for public viewing,* post the following information for this Discussion assignment:

Identify where you submitted your work (name of organization).
Post the actual passage you submitted for publication. Again, do NOT submit your entire Research Project.
If you submitted to an online source, include a complete internet address that will take us directly to your entry (not to a home page, in other words), so we can view your entry easily.

And don’t worry if you don’t actually get published or if your Wiki addition gets changed, for example. This almost always happens to everyone at least a few times. The real success is taking that step to “go out on a limb” and put yourself “out there.”

Part 2: Response to Peers

After you have posted your own main response to the Discussion assignment, post at least two substantive responses, a minimum of 100 words each, to other students’ main postings, offering specific feedback about the ideas they posted. You must post your main Discussion posting before you can reply to other students.

A substantive post will do at least ONE of the following:

Ask an interesting, thoughtful question pertaining to the topic
Answer a question (in detail) posted by another student or the instructor
Provide extensive additional information on the topic
Explain, define, or analyze the topic in detail
Share an applicable personal experience
Provide an outside source (for example, a website) that applies to the topic, along with additional information about the topic or the source (please cite properly in APA)
Make an argument concerning the topic.

 

Expert Answer

Income Inequality in the United States

The income inequality or disparity in the United States has grown to become utterly pronounced that currently, the top ten percent income earners average is nine times as much as the average of the bottom ninety percent. The citizens in the top one percent average more than forty times more income compared to the bottom ninety percent. More than a quarter of the total number of American workers earn less than $10 an hour, including people working in the service industry – fast food workers, cashiers, and nurse’s aides. The rich have continued to get richer in the United States since the financial crisis of 2008 ended (Saez & Zucman, 2016). Between the year 2000 and 2006, the number of American citizens living in poverty increased by approximately 15 percent, with more than 30 million employees in the United States earning less than $10 every hour. A majority of these low-income employees have no health insurance, pension plans, or sick days from their organizations. As a result, the healthcare inequality that arises causes the medical care cost for all citizens to increase. These low-income earners are not in a position to afford preventive medical care, ending up in the emergency room. Their medical care cost is, therefore, passed on to Medicaid.

Within the same time period, the average salaries remained unchanged, despite the productivity of organizations increasing. Income inequality is negatively related to the average educational attainment and results in slow economic growth of a country (Reinicke, 2018). The income gap between the workers and the top management keeps widening over the years, with the top management-worker retirement benefit gap growing at a faster rate. Income inequality is a result of the changing labor market and changes in the world economy. Changes in the world, such as technological and economic changes, are to blame for the income inequality in the United States. Technological developments have replaced millions of workers at industry and factory jobs. Workers with skills and training in the latest technology get higher paid jobs. Improvement in technology has resulted in the company’s achieving production targets with lesser employees.

Managers are forced to work with temporary and contract employees to keep costs down. Illegal immigration poses a problem, as illegal immigrants provide low-wage workforce due to the lack of bargaining power to ask for higher wages. In conclusion, the income inequality problem in the United States is due to the lack of adequate investment in human capital. The solution to the increasing income inequality is increasing investment in human capital to improve the skills and employability of citizens. The greatest contributor to the income inequality problem in the United States is the change in the world economy and wealth distribution (Murphy & Topel, 2016). For this reason, it is important that the United States responds to the redistribution of global wealth. The United States government needs to ensure that the bottom bracket of low-income earners, who are generally unskilled or low-skilled, have access to education and employment training. Income inequality is the result of the failure of human capital investment to match the pace of rising demand for skills. Therefore, investing in human capital is the only way of increasing individual wealth and improving the workforce of a country.

References

Murphy, K. M., & Topel, R. H. (2016). Human capital investment, inequality, and economic growth. Journal of Labor Economics, 34(S2), S99-S127.

Reinicke, C. (2018, July 19). In the US, the rich are getting richer and the poor are getting poorer, study concludes. Retrieved February 25, 2019, from https://www.cnbc.com/2018/07/19/income-inequality-continues-to-grow-in-the-united-states.html

Saez, E., & Zucman, G. (2016). Wealth inequality in the United States since 1913: Evidence from capitalized income tax data. The Quarterly Journal of Economics, 131(2), 519-578.

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