1.The statistics on wealth inequality in the US made the biggest impression on me. It’s that fact that 40-50% of American wealth is concentrated in 1% of the population.It’s more sad than impressive because the 99% of the united states population are economically struggling like it was showed in module 4 where we learned that even the middle class is struggling;to the bottom of the ladder where basically low income families have little to no assets .It’s very different for higher income families since most of them obtain their wealth inherited from their own families because the higher class pay less taxes than the working class .
2.In my opinion some of the implications of living in a society that has such a huge wealth inequality is the limited access of basic needs in a low income community like healthcare and education. Some other implications in my opinion are also higher crime rates in those low income communities because as sad as it sounds some people in low-income communities tend to go for the easier route and try to find money wherever they can. I see this dynamic play out in our society everyday because sincerely people are getting exploited to work multiple hours and their salaries only cover their bills.From personal experience i’m a college student who works full time and my salary only covers so much .