Quantitative Literacy Reflection
A lot of these basic skills are used in everyday life. Along with that, children are taught at a young age how to make these calculations. With these 3 calculations, they are mainly used within math and science, but that doesn't mean it's only in math and science. In our last Quantitative assignment, we had to calculate the mean and median between the money and how many people donated the money. We also had to find the percentage with the money and the donators as well. This is only one example used for these basic skills. There are many different ways to use these 3 basic skills within Politics, just like Math and Science. Now that I've seen how Politics use the mean and median, percentages, and tables and charts, I now see that we have actually been using these skills the entire time, it's just that I've never paid attention to what I was using them for.
Reflection
Taking this class taught me so many things that I didn't know before. I had learned a little bit about politics from my dad, but that's all I knew, also, I didn't really care much about politics before this class, but after, I realize that without politics, we would have such a hard time getting simple things done. We would probably even live in some type of monarchy, or something like that. I found it fascinating to learn about campaigning, like how it works, and where all the money is put into, etc. What I thought was interesting, was that in my U.S. History class, we were learning things very similar to politics, just not into detail. I was able to do well in both classes because I would go over this stuff a few times a week. This class was better than I thought it would be. If I could, I would take a class that goes deeper into this kind of information.
Persuasive Essay
When Regan was in is presidential term,
the income gap began to show.In year 2013, the United States have now found a
new financial crisis: the extreme income gap between the rich, middle class,
and the poor. Emmanuel Saez tells us,
The
richest 1 percent of Americans’ incomes have grown more than 11 percent. As for
the 99 percent? Incomes shrank by nearly half a percent. […] The yawning gap
between rich and poor has been growing since the 1970s, and reached a 90 year
peak in 2007. (Bair, 2013). “There was a wide gap between the top 1 percent,
whose earnings rose by 11.2 percent, and the other 99 percent, whose earnings
declined by 0.4 percent.”(Lowrey, 2013).
There
is much inequality in the money system. Catherine
Rampell
says, “The top 1 percent of earners receive about a fifth of all American
income.” (Rampell, 2011).
Income inequality puts all the pressure
on the middle class and poor citizens.“Rising inequality simultaneously puts pressure on the middle class to
borrow more and on the rich to lend more.” (Drum, 2013).
Sadly, more than
half of Americans do not know, or do not care about income inequality. The
problem with this statement, people will just go on with their day. They do not
realize that problems will arise in the future.
When
inequality rises, poverty worsens. As stated previously, when the rich have
minimal effect on income/wealth rise. Though it may seem the middle class and
poor citizens are the ones that get hit hard with taxes, less wages, less
retirement, etc., the actuality of it is, that taxes are based on how much
income is made by the person.
Income inequality
doesn’t only affect the United States, it also affects the world.In previous
years, it was easier to find income inequality in countries that had much
poverty like South Africa, the Middle East, and some parts of Europe and Asia.
“A
2011 International Monetary Fund study found that inequality produced economic
volatility in several countries.” (Rohde, 2012). In the rankings, the United
States has been moving closer to the top. “The USA has been slowly moving up in
the rankings. We're in the top 30% in inequality.”(Meyer, 2012).
President Obama and Mitt Romney talks
about the solution to our income crisis.
President
Barack Obama would raise taxes on households earning more than $250,000 a year,
plus set a minimum tax rate of 30 percent for those who earn $1 million or
more. He also wants to spend more on education, "a gateway to the middle
class." Republican Mitt Romney blames Obama […] He
wants to cut taxes more broadly and says that will generate enough growth to
raise incomes for all Americans.(Rugaber, 2012).
The
problem with Obama’s idea, is that raising taxes will not get rid of debt, it
will not decrease the income gap. Raising taxes will make it more difficult for
Americans. Loans will be taken out, possibly causing more debt. In the future,
the United States will be in so much debt, it will become another “Great
Depression.” Romney’s idea is more practical because, cutting taxes is able to
give Americans an easier time with taxes, and more of their money will be kept.
There won’t be much need for loans. There may be a possibility interest rates
may go down as well.
Although the income gap has slowly
increased, it is not impossible to eradicate the gap. We should have to pay only 15 percent in taxes, just like
they do. And since we will be earning money through investments, not work, we won’t
have to pay Social Security taxes or Medicare premiums. That means no more
money will go into these programs, but so what? No one will need them anymore,
with all the cash we’ll be raking in thanks to our cheap loans from the Fed.(Bair,
2012).
It is important
that citizens, not only part of the United States, but throughout the entire
world, needs to be able to commit to changing the income gap. No one enjoys
paying a lot of money through taxes, while the rich people relax. The rich
should be taxed much more than the middle and poor class because of how much
income they are earning. Taxes should be based on how much income is made, not
everyone should pay the same no matter what income is brought home.
Although the income
gap may not seem important to many people, it will affect everyone, and those
in the future. The income gap has been around ever since
currency and money was created, it was very minimal, but still there. The gap
has slowly been getting wider, and now, year 2013, the gap has been so expanded,
it’s causing problems throughout the states.The income gap must be acted upon,
so it will eventually dissipate.
Work Cited
"Information on Poverty and
Income Statistics: A Summary of 2012 Current Population Survey Data."U.S.
Department of Health & Human Services.N.p., 12 Sep 2012. Web. 8 Apr
2013. <http://aspe.hhs.gov/hsp/12/povertyandincomeest/ib.shtml>.
Information on Poverty and Income
Statistics: A Summary of 2012 Current Population Survey Data. 2012. Chart. n.p. Web. 8 Apr 2013.
<http://aspe.hhs.gov/hsp/12/povertyandincomeest/ib.shtml>.
Bair, Sheila. "Grand Old
Parity."New York Times [Washington] 26 Feb 2013, Opinion Pages n.
pag. Web. 8 Apr. 2013.
<http://www.nytimes.com/2013/02/27/opinion/republicans-must-bridge-the-income-gap.html?_r=0>.
Lowrey, Annie. "Incomes Flat in
Recovery, but Not for the 1%."[Washington] 15 Feb 2013, Economy n. pag.
Print.
Lowrey, Annie. "Incomes Flat in
Recovery, But Not For the 1%."New York Times [Washington] 15 Feb
2013, Economy n. pag. Web. 8 Apr. 2013. <http://www.nytimes.com/2013/02/16/business/economy/income-gains-after-recession-went-mostly-to-top-1.html>.
Rampell, Catherine. "Inequality
Is Most Extreme in Wealth, Not Income." Economix 30 Mar 2011, n.
pag. Web. 8 Apr. 2013. <http://economix.blogs.nytimes.com/2011/03/30/inequality-is-most-extreme-in-wealth-not-income/>.
Drum, Kevin. "Income Inequality
and Economic Growth."Mother Jones. (2013): n. page. Web. 8 Apr.
2013. <Income Inequality and Economic Growth>.
Rohde, David. "The Unequal
State of America: Does Income Inequality Matter? And How?." Reuters
19 Dec 2012, U.S. Edition n. pag. Web. 10 Apr. 2013.
<http://www.reuters.com/article/2012/12/19/us-equality-massachusetts-doesitmatter-idUSBRE8BI0LZ20121219>.
Meyer, Philip. "Column: Income
Inequality Does Matter." USA Today 27 Mar 2012, n. pag. Web. 10
Apr. 2013.
<http://usatoday30.usatoday.com/news/opinion/forum/story/2012-03-27/income-inequality-wealth-taxes/53810288/1>.
Rugaber, Christopher. "WHY IT
MATTERS: Obama, Romney on Income Inequality." KY Post [Covington]
22 Oct 2012, n. pag. Web. 10 Apr. 2013.
<http://www.kypost.com/dpps/news/national/why-it-matters-obama-romney-on-income-inequality_7935245>.
Bair, Sheila. "Fix Income
Inequality With $10 Million Loans for Everyone!." Washington Post
13 Apr 2012, n. pag. Web. 12 Apr. 2013.
<http://articles.washingtonpost.com/2012-04-13/opinions/35450850_1_unemployment-benefits-bush-tax-cuts-income-inequality>.
No comments:
Post a Comment