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Student, UW Whitewater

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How can we lessen the disparity between the rich and the poor in America?

According to the Pew Research Center, the top 7 percent of all U.S. households own 63 percent of all the wealth in the country. On average, households in the top 7 percent have 24 times as much wealth as households in the bottom 93 percent.
Statistics like these show the massive disparity between the rich and poor in America. I feel the need to do something about this, but I'm not sure what i can do to make changes. Any ideas?

Update: Ive got three good stories to include in my letter thus far. Theres ten days left before this conversation gets closed. I'd like to get two or three more statements before i write up this letter to be sent to senators/congressman. I probably wont write the letter until I go on christmas break. Please, anyone who may be interested in receiving a copy of this letter to send to their own senators and congressman should send me an email. My email address is meseckaj20@uww.edu


Closing Statement from Alex Meseck

As is clear to me after all this, making these changes in the distribution of wealth will not be easy. But being the optimist I am, I think we can make this change happen if we work together. I am in the process of writting the letter, anyone interested in recieving a copy should email me at meseckaj20@uww.edu and thanks for the variety of ideas.

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    Nov 23 2013: Hi Again Alex, People have a serious problem, particularly in this country, where they believe that "stuff" is wealth, when in fact, all of your stuff could be your worst problem. For anyone who has ever seen the show hoarders, you cannot deny that all of the purchases that these people have made did not make them happy or cure whatever issues that they were going through. There is a saying that you don't cure money problems with money - and to a certain extent this is true. For example, if you spread the wealth evenly for those who have nothing, (the homeless unemployed and dead broke) - just throwing out a number here - and everybody gets $500,000 check to "even things out.". If I take my check and purchase a $125,000 home (plenty big enough my husband and myself), then furnish it and prepay the taxes for a year - now we're at about $150,000. I could then go out and carefully choose a reliable used vehicle and have it checked out by a mechanic and prepay the insurance for a year. Now I'm at $175,000. I could then invest $5,000 into some classes in order to prepare myself to apply for a job that would start putting the money back in so that the numbers start going in to plus direction. Now, I have a home, a vehicle some useful knowledge, and insurance to protect it - Sounds like a wonderful plan to me. However, the plan has a flaw- and that flaw would be the people that took their $500,000, rented a penthouse at $12,000 per month and then took a two month trip over seas for a hundred grand to see the pretty sights of Paris, then returned home and purchased a Ferrari, but saved money by skipping a call to insure it. A week later they wrap the car around a telephone pole and now they have two months rent in the bank, and no plan after that. What do we do, give him another $500,000. I truly think the poor need help. However, when people make bad choices and are careless, should we cover them, or just help the good and honest guys, and who decides which is which.
    • Dec 6 2013: Thanks for writing again Amy, would it be okay for me to take a quote from your post to include in this new letter I plan on writing. It would just include your fist name and the location you live after the quote. If this is okay with you, could i also get the city and state you live in for the letter. (The post I'm talking about is your most recent one).
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        Dec 7 2013: Alex, Sure, if it will help you get a point across, buy all means you have my okay. I live in Lindenwold, NJ.

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