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  • Essay / The evolution of corporate welfare and inequality in...

    Over the past forty years, many people have claimed that the level of equality has reached an all-time high. The evolution of the corporate welfare system in the United States, driven by globalization, has placed an enormous burden on many lower-class Americans. Race remains an issue we face every day, as many minority groups are in the lowest wage percentile or live in extreme poverty. Additionally, racial residential segregation reinforces the disenfranchisement of minorities due to the lack of opportunities available in areas of concentration. of poverty. American politics as a whole contributes to all of these factors that cause difficulties in the daily lives of Americans. In fact, over the past forty years we have seen a sharp increase in the scale and depth of inequality based on the role of race, globalization and corporate welfare, supported by policies American companies sponsored by companies. last forty years, it is the well-being of companies. Term used to compare social benefits to corporate subsidies. Between 1990 and 1993, the federal government spent one hundred and seventy billion dollars on business subsidies. Medicaid, the federal government's most expensive social program, costs thirty billion a year. That's almost half of what businesses receive in tax breaks, grants and other government subsidies. The fact that corporations receive more tax breaks than American citizens receive in health care is absurd. Perhaps the best example of frustration with corporate welfare in recent years was the Occupy Wall Street protest, which embodied the frustration of American workers who had seen their jobs, their savings and, in some cases, their homes disappear due to irr...... middle of paper ......Geography - Volume 26, Number 8 / November 16-December 31, 2005 - Bellwether Publishing, Ltd. Bellwether Publishing, Ltd., October 8, 2007. Web. November 8, 2013. Grimaldi, James V. and Carol D. Leonnig. "Ex-Congressman Ney's Former Aide Pleads Guilty in Abramoff Case." Washington Post. The Washington Post, February 27, 2007. Web. November 7, 2013. Smith, Jeffery. “DeLay plane ticket was charged to lobbyist’s credit card.” Washington Post. The Washington Posy, April 24, 2005. Web. November 6, 2013. .Weinberg, Daniel H. “A Brief Look at Income Inequality in the Postwar United States.” Census.Gov. Current Population Reports, nd Web. November 9. 2013.