Conclusion
The living conditions of poor and middle segment of the society are main indicators of the health of economy and income distribution. While in developing nations the plight of the poor and even middle segments of society is well-known. Developed nation like United States have not been associated with poverty and the poor treatment of certain segments of society. Recent event have made people argue that over the years issues of poverty and unequal income distribution have hit America in a big way. These issues now can not be brushed under the carpet as the issues are being debated at all forums. People have accepted the grim fact that Income gap exists in American Society and these issues need to be addressed. Measures should be taken to narrow the gap if America wants to strengthen its economy in the years to come because income gaps create disorder and disturbs the whole social fabric of the society.
Bibliography
Kristof. N. The Larger Shame. New York Times. Sep 6,2005 http://cygnus.lcc.edu:2051/pqdweb?did=892078491&sid=2&Fmt=3&clientId=9230&RQT=309&VName=PQD
Ryscavage, P. Sharpe. Income Inequality in America: An Analysis of Trends M.E. Sharpe. New York, 1999.
Scott, J. & Leonhardt, D. Class in America: Shadowy Lines That Still Divide; CLASS MATTERS. New York Times. May 15, 2005. http://cygnus.lcc.edu:2051/pqdweb?did=839712251&sid=8&Fmt=3&clientId=9230&RQT=309&VName=PQD
Witte, G. As Income Gap Widens, Uncertainty Spreads; More U.S. Families
Struggle to Stay on Track. The Washington Post. Washington, D.C.: Sep 20 http://cygnus.lcc.edu:2051/pqdweb?did=839712251&sid=8&Fmt=3&clientId=9230&RQT=309&VName=PQD
Budgetary Analysis Process for Budgetary Policies and Assigned Legislative Committees A government budget can be defined as an official contract or arrangement that specifies the amount of revenue to be raised, where such revenues will be sourced, and the manner in which the revenues will be utilized. In most societies, the budget is in actual fact an assortment of policy contracts that specify the tax laws and also the level of spending
A micro considers the interests and rights of the individual company as the primary concern. Both of these views are valid depending on the lens that one wishes to use. The problem arises when the government is forced to develop policies regarding procurement in this volatile debate. The government must decide whether to take a micro view, favoring the rights of companies, or a macro view that places the
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now