Rich Getting Poorer

1113 Words5 Pages
INTRO: Money fluctuates within a person’s life time; however, money also rules the world. It can control whether or not one is going to be comfortable in life or forced to scrape at the edge with a spoon. It can bring out the worst in someone as well. Oliver Broudy writes an article how money can change a person, he says, “In fact, money can relieve us of even our most deeply held principles with the bored ease of an usher taking a ticket,” (Broudy). In the world today there are three different classes of wealth, the lower class, the middle class, and the higher class each with different wealth and income. Robert Reich writes about the dilemma that the higher class is becoming wealthier while the lower and middle classes are becoming poorer.…show more content…
There is, of course, the wealth that can be easily defined. Derek Dingle wrights of what wealth is and defines it as, “Your net worth is calculated by subtracting your liabilities from your assets. Simply put, it's what you own minus what you owe,” (Dingle). Wealth is considered money by many points, however there is another way to consider wealth. When Reich says, “All Americans used to be in roughly the same economic boat,” PG 254 ¶ 2) he did not know how right he was. Wealth could be considered as the objects you have. Objects can be defined as family, the house the is being lived in, and the other blessings one has. The joy an individual feels on a daily basis. Wealth does not necessarily mean money; it can mean blessings and family. Considering that, today’s wealth within each class is
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