PW8 - impoverished to move upward since the government...

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The article, “The Death of Horatio Alger” written by Paul Krugman discusses how America has transformed into a class-based society. He supports his claims by explaining his thoughts on the income distribution and government/public policy. The income distribution, according to Krugman is widening due to strong unions, taxes, high incomes, etc., and the idea of rags to riches is a complete myth. He supports his assumptions by that saying that “once [someone has] reached their 30s, people don’t move up and down the income ladder very much” (Krugman P97). Krugman then blames government/public policy for enabling the continued gap such as taxation, unions, welfare and the deteriorating quality of public education. By providing the poor, for instance, with the automatic welfare or healthcare makes it a lot harder for the
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Unformatted text preview: impoverished to move upward since the government provides for their basic necessities. Krugman’s article was a response to the Business Week article titled “Waking Up From the American Dream.” Although both refute the idea of the American Dream—easily moving up in the social ladder—they have their share of differences. The Business Week Article focuses more on education and utilizes income as a supporting component. For one to move forward in the income bracket, high education is a necessity. However, in order to achieve higher education money is needed. According to the Business Week Article, therefore, those who can only afford four-year college tuitions are not the students from low-income families. This leaves the children of low-income families attending community colleges or not attending college at all....
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