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Health distribution US

- The Catch-22 of the Middle Class -

Being in the “middle-class” in this country, as being a member of any class in this country, often defines the “life-chances” and “life-style” options available to the members within them. While only approximately 35% of the US population belongs in this class, the majority of Americans consider themselves members within it. Real income for middle class Americans “…fell over a 15-year period, from $38,248 in 1979 to $36,959 in 1993, and that this decline was the direct result of the policies of Ronald Reagan and the Republicans,” (Abraham 1). The problem is most Americans do not make this much income individually per year, nonetheless, they take life-chances and try to maintain lifestyle-choices that middle-class incomes exhibit.

Typical middle-class values encompass a college degree, home ownership, children and usually more than one mode of transportation. All four of these values, however, create an enormous level of debt to achieve. Thus, those who make less than middle class incomes, often restrict their life-chances by trying to keep up a lifestyle existence that is beyond their income means. Most middle-class Americans are heavily in debt themselves. Those who choose this lifestyle without being able to afford it, often limit their life-chances. For example, those who choose to have three or four children or more, often find themselves unable to afford college education for their children. Further, whether they can afford this expense or not, they often end up retiring either still in debt or with no savings and an inadequate amount of retirement income, or more typically a combination of both. Thus we can see that if you chose a middle-lifestyle without the true economic means of maintaining its values, one’s life-chances basically become reduced to being an unhappy-wage slave, locked in a vain struggle to afford a “better” lifestyle th

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Health distribution US. (1969, December 31). In LotsofEssays.com. Retrieved 07:05, March 28, 2024, from https://www.lotsofessays.com/viewpaper/1685616.html