1. The statistic on wealth inequality in the US that made the biggest impression on me was the statistic that stated that ” the”richest ” 20 per- cent, you need to earn only $75,000”. This surprised me because $75,000 is only considered upper middle class meaning that “only” 20 percent of Americans are upper middle class. It just made me think about how rich the one percent really has to be. Even more surprising is the fact that it is just 1 percent while everybody else fits into categories of 20 percent. 
  2.    Some of the implications of living in a society that has huge wealth inequalities can be lost of right and voice followed by inflation. Money is believed to be power and so when only 1 percent has enough money for power, the rest of the public is disregarded. This is followed by inflation because since only the wealthy are privileged, prices skyrocket to their range. This leaves the other classes with less opportunities, more health issues and less job availability. This is a dynamic that is played out in society, not only with class but race also. There is an obvious trend where kids born into families in lower classes have little to no chances of social mobility. An example can be seen in education, which kids get to access the best schools?

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