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US Bottoms Out on Income Equality List

Okay, the United States isn’t dead last, but it’s second to last to Mexico when it comes to income equality according to Real-World Economics Review. While this disappoints or sickens some Americans, it’s also unrealistic to compare the statistics of the United States to some of the top income equality nations for a variety of reasons such as population, birth rate, and education.

While it's true that nations can learn from one another in making modifications and adjustments when it comes to economic and social decisions, the United States is now in a position much different than other countries. What is working for other countries likely will not work for the United States.

For starters, Greece is listed 9 spots above the United States on this income equality list, however they are a country in the midst of fiscal turmoil. In the big picture, income equality isn't saving anyone from the disaster. Australia is listed 19th on this list, however the circumstance is an apples to oranges comparison. Australia is a nation with a population of about 10% of the United States' population, on a land almost the same size as the United States. The unofficial count of undocumented aliens in the U.S. is almost that of the entire Australian population.

We're in a place where birthrate is high and income is low. As the population continues to grow, the distribution of wealth thins. The nations on the top of the list consist of primarily collectivist or socialist nations. Some people don't see that as a bad thing, but America wasn't developed and built on that standard, and after 236 years, it's incredibly different to bang a U-turn and change everything. The only way America changes is if we re-write history. As much as one particular politician would love to do so, it's makes this country something it isn't.

Why do people have to have income equality? It doesn't make sense that a doctor with hundreds of thousands of dollars in student loans will graduate and earn the same salary as a school janitor who may or may not have graduated high school. Who's going to pay the bills? There's a reason occupations are paid differently. There's zero incentive to get educated and become a skilled professional if you can take the easy way out and work at MacDonald's that offers a salary for a comfortable lifestyle. This is exactly what is wrong with America right now, and millions of people are standing doing nothing holding their hands out waiting to take, take and take without giving a cent of effort. This is what's sickening and disappointing. It's not the income inequality; it's the pitiful lack of effort and utmost entitlement our culture is becoming.

Posted by MichaelMears at August 28, 2012 4:17 PM
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