In the Documentary Inequality for All, scholar Robert Reich investigates the wobbling facts on the unequal distribution of wealth between the hierarchy of today’s society(rich, middle, poor) and its devastating effects on the American economy. Particularly, he focuses on the fact that our middle class, which contributes to 70% of our economy, is being limited in its growth by the wealthy that makeup as little as only 1% of society, but income wise they make more money than half of the country. He begins the documentary by explaining that in the late 1970’s inequality became a major issue, not particularly on the basis of a declining economy, in contrast, he also clarifies that there was a steady ride of the GDP (gross domestic product). The majority faces this problem due to the unrivaled income of the American workforce in comparison to the exaggerated prices of health-care, college, housing and day to day living costs. Expenditure and wages are two statistics that go hand in hand. If expenditures increase for American households, so must the wages of workers, instead of many saw a decrease or stagnation of wages throughout the economic breakdown and even to this date.
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In the Documentary Inequality for All. (2019, May 22). Retrieved January 17, 2021, from https://midwestcri.org/in-the-documentary-inequality-for-all/