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Word Count: 435
READ 20 environmental readings for thursEconomic Mobility is the norm in the USA Roger clements signing highest contract in baseball earlier 53 million now he makes 16 million 84 a minute on the mound says he represents a scarce commidity a very small percentage of the population Hime Esclemente a teacher in East LA Made 32000 because of him people passing calcus exam rose from in 1982 -18 to in 1989 - 108 beating all the LA suburbs Planned system makes same amount as all teachers around him even though he also represents a small percentage of the popLargly depends on productivity and consumer preferences - this sometimes offends our idea of fairnessMarket are like a mirror telling us alot about ourselves that sometimes we dont want to hear IE mirror in snow white and the wicked queenRaises human cry that government needs to intervineON TEST determine if program emphasizes governemnt enforced economic equality at start or at endaside from progressive taxation the economic pie hasnt changed since WWIIHomeless person moral dilema Should you pay themPoverty defined by reported cash income poliely called informal economy poor spend 194 for every dollar of reported income official poverty definition does not include non-cash in-kind assistance such as food stamps housing subsidies and medicaid 11121 per poor family using govt definition of poverty majority of contemporary Americans over 40 yrs old once lived in poverty 12 million poor own homes worth 100000 nearly half have air conditioningContemporary poor americans are better housed better fed and own more personal property than average us citizens throughout most of this centuryour bottom 15 live better than the middle class in 1955the average poor american
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