In the documentary, Inequality For All, Robert Reich, a university professor and economist, went around to different cities getting different people’s perspective on what it means to be middle class.
During the film, Reich said that 400 people in the U.S. have more wealth then the entire rest of the country. According to Business Insider, 80 percent of Americans own a very small portion of the country’s wealth. But how did this happen? How can Americans overcome this?
The answer is: You can’t.
A CEO makes more in an hour then many average working Americans make in a month. Inequality.org said that 60 percent of American’s 400 richest people were born into their wealth. That means their money was passed down from generation to generation, and their family line will (most likely) continue to get richer.
The gap is also a race issue, not a topic we deal with well. According to the Huffington Post, more than one in four poor African Americans and one in six poor Latinos live in high-poverty neighborhoods, compared to one in 13 poor whites.
No matter how we look at it, the gap will continue to increase unless everyone who works the same jobs — regardless of race, ethnicity and gender — gets equal pay. Not being white already puts others at a disadvantage, and that’s doesn’t help close the gap at all.