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Income inequality in America does exist The income gap between the richest 1 percent and the rest of America last year reached the widest point since the Roaring TwentiesRichestPeople have a misconception or an altered view on income inequality without being educated about it The Americans common definition of income inequality is the financial disparity some people are rich and some are poor in the United States The gap of income between the one percent the wealthiest in the United States and other classes has grown since the 1970s Income inequality is hindering those in poverty from being able to move themselves into the middle class and keeping the rich and wealthy where they have always been at the top The United States has the one of the worst income inequalities but the gaps between Americans are growing smaller With income inequality brings problems the word inequality means to be unequal different status or level The income gap has steadily grown and one reason is who gets the money The distribution of money in America is one of the problems with income inequality The nations income is thought to be split up evenly but that would be socialism In reality most of the money goes to the wealthiest Americans one percent Opportunity or the lack thereof plays into the factoring problems which ties into social mobility which is defined as the movement of people as from one social group class or level to another Mobility Another reason can be economic mobility which is the ability of a family or individual to improve their status An individuals family and education can be seen as help or a hinder Lastly another problem is rarely anything is made in the United States Large companies outsource jobs to other countries because of cheaper labor costs which are making it hard to find a job in America An example is Apple a large company having countries like China do all
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