The Economy Is The Best Economy - 1988 Words

America’s economy is still arguably the best economy in the world; It has the best GDP on the globe and is a great deal ahead of every other country, excluding China. However, the economy is far from perfect; there is a great deal of potential that is hibernating in those hidden bank accounts of the wealthy, and if the government was able to exploit that potential, the country would be much better off. The way the economy works, to make things short and simple, is the more the currency is cycled around, the better the economy is. Moreover, statistically, people in the middle class spend more of their money than the wealthy. One great statistic is the The sad thing is many impoverished people are poor for no other reason than bad†¦show more content†¦Also, many members of poor and even middle class families are forced work to pay for necessities such as food and transportation. This makes it very difficult to contend with the affluent since even though school is s till a priority, it still is not the only thing that the student has to focus their attention on. The quality of schooling is also used as leverage. Public and private schooling has continued to be one of the most controversial topics in contemporary America; there is debating about fairness in sports, price of tuition, and, most importantly, the education distinction that private school has maintained. Thus, being a wealthy man or woman in America is becoming more and more like being an aristocrat in the middle ages. This is very ironic considering the foundation of America was set to be against kings and queens who are born into power and to create a democracy where people have the free range to move up and down the socioeconomic ladder. The 2016 presidential race is a great representation of the dynasty-like dominance of families. â€Å"WHEN the candidates for the Republican presidential nomination line up on stage for their first debate in August, there may be three contenders whose fathers also ran for president. Whoever wins may face the wife of a former president next year.† When wealth and power of families becomes this consistent on this scale, there must be a problem; to combat this, the government must