Epidemic Situation Widens Gap Between Rich & Poor In America
Views : 921
Author : Bozhou Marine
Update time : 2020-10-08 11:08:38
In the United States, the most important issue is to prevent and control the COVID-19. In the view of public experts, it is too early and too urgent to restart economic activities. But the long-term shutdown has also had a great impact on American people's lives. But for the rich, it will hardly have a big impact. Some scholars say frankly, the new crown attacks the poor, and the rich are getting richer and richer in the epidemic.
According to the worldometer website, by 23:00 on October 5, 2020, the cumulative number of new coronal infections in the United States has exceeded 7.64 million, and the cumulative number of deaths has exceeded 210000.
Detroit Metro area communities, University of Michigan, according to the first financial report Study) a poll of residents in Detroit affected by the epidemic from March 31 to April 9 showed that nearly 50 percent of Detroit residents said that their money "is likely" to be fully spent in the next three months; about 20 percent of Detroit residents said they were "very sure" that their money would be spent in the next three months.
According to the poll, 35 percent of Detroit residents surveyed said they had lost full-time or half-time jobs by March 1 due to the outbreak. Of these unemployed groups, 42 per cent of the population are parents with young children; 49 per cent are high school or below; 52 per cent are under $30000 per year; 17 per cent are white, 37 per cent African and 40 per cent Hispanic; 52 per cent are under 30. Many African residents in Detroit are unable to have jobs that can be 'social isolated' at home, and they need to go out to work to earn income, which increases their chances of being infected with viruses, but in most cases they live strictly in accordance with the requirements of social isolation.
Housing is also a crisis for Detroit residents. Nearly 50% of the local residents "worry to some extent that they will have no place to live in the epidemic", and 28% of the residents "are very worried that they will have no place to live in the epidemic".
In Florida, however, the price of eggs has tripled, but their incomes have not risen.
According to the first finance report, Collins, a scholar at the Policy Research Institute of Washington think tank, said, "the inequality between the rich and the poor deprives most Americans of any resources and weakens the ability of the federal government to cope with the crisis. At the same time, the billionaires are getting richer and their taxes have been falling. " He also pointed out that after the 2008 global financial crisis, the wealth of American billionaires returned to the level before the crisis in less than 30 months, but the personal assets of the middle class did not return to the level before the outbreak of the financial crisis in 2019.
"Inequality between the rich and the poor has existed in the United States for a long time. During the epidemic, the problem became more polarized." Collins said.
Trump: 25% Tax On Imported Cars
US President Trump launches new investigation
Trump Imposes Tariffs
