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Unformatted text preview: also caused a tremendous problem for the lower income groups. Secondly, the trends in personal life such as having kids, getting divorced, and staying single have had an impact on the growing gap between the rich and the poor. This is because most of the female oriented households hold a lower income. Substantial tax cuts have not helped the gap either. Instead it has caused the gap to widen even more because the cuts tends to only help the rich get richer. Finally, the influence of labor unions because the amount of unions has declined. Labor unions help get higher wages for the lower class but with the decline there are less and less people getting higher wages. This chapter really shocked me in how much just the top one percent of the United States makes in comparison to all of the United States. If we as the middle class can afford things like ipods and flat screen televisions, just how are the top one percent spending their money?...
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- Fall '09