Sunday, September 21, 2008
What about income inequalites in the U.S today?
I had to do another resoponse question on this topic so i figured I would kill two birds with one stone. But from what I read is that many companies are more concerned with making their own profits than their employees. Over the past few years production levels have risen by a significant percentage but the pay rates have stayed the same. So employees feel like they're doing more work they ought to get more money. They also say that companies had to lower american wages to stay competitive with foreign countries because their labor is so cheap. I also read that the increase in income in the top quintiles is a result of the number dual earning households increased, meanwhile single-parents families also increased, widening the gap between the top quintiles and the lower quintiles. I know some inequality is good, but is such a large gap good?
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I dont believe that the gap should be so large nor do I agree with the fact that many american companies are outsourcing their jobs to other countries to reduce costs. Currently, I am in a position with my company where we are waiting for our department to be sent to the Phillipines. It makes no sense to send my company to another country. I only take phone calls for people who did not receive their paper in the morning. Everyday, I am dealing with the people out in the field doing redeliveries. Why should they talk to someone thousands of miles away instead of someone who is more familiar with the demographics and area of delivery.
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