Discussion Problem:
Prompt:
"The rich are getting richer, and the poor are getting poorer." This is been a topic of political debate for quite a long time. Watch this short video of Huey Long who operated one of the most successful political machines
YouTube Video: Huey Long: Share the Wealth
First, do you believe this statement -- The rich are getting richer and the poor are getting poorer -- is true? What should government do about this? Discuss the gap between rich and poor in the United States, and the role of the public sector -- and the role of the private sector -- in bridging this gap. Need Assignment Help?
Second, it is said that the wealthiest 1% of the global population owns 50% of global wealth. What does this gap say about the distribution of wealth in the world? Should the US assist the global poor? Are there national security implications associated with the distribution of wealth throughout the world?