Dream Or Reality By Joseph E. Stiglitz And We Are The...

Dream or Reality In â€Å"Of the 1%, by the 1%, for the 1%,† by Joseph E. Stiglitz and â€Å"‘We Are the 99 Percent’ Joins the Cultural and Political Lexicon,† by Brian Stelter, these two authors illuminate their audience about how the 99 percent are making it through a difficult life, while the top 1 percent of Americans are taking over everything and watch the 99 percent suffer. Also, the 99 percent of Americans are left living their nightmare and the top 1 percent does not notice how bad the 99 percent are suffering because of them. Including the President of the United States, Vice President, the Senate, Congress, and the House of Representatives as part of the top 1 percent, these people are causing the 99 percent of Americans to suffer dreadfully. The reason is because, â€Å"we have so much inequality and the top 1 percent wants it that way† (Stiglitz 748). Personally I really do not understand why the top 1 percent of Americans want to live a lifestyle, where the other 99 percent of Americans are struggling and their incomes are falling. I feel that the 99 percent of Americans incomes are falling because of how much they have to pay on taxes and the top 1 percent of Americans do not have to pay a lot on taxes. Since the 99 percent of Americans incomes are falling, â€Å"Lowering tax rates on capital gains, which is how the rich receive a large portion of their income, has given the wealthiest Americans close to a free ride† (Stiglitz 748). Meaning that the top 1 percent of AmericansShow MoreRelatedGlobalization and It Effects on Cultural Integration: the Case of the Czech Republic.27217 Words   |  109 PagesBank, the NGOs, the Foreigners, Immigrants, in the cultural integration process. Finally, it is to examine the constraints and consequences of cultural integration, since the long-term results are leaving a legacy positively and negatively. As we move towards the third millennium, a rational planning scheme and utilization of cultures should remain the major pre-occupation of the society. IV. HYPOTHESES In order to carry out the study and achieve the stated objectives, a number of