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Income Inequality Can Benefit Everyone Essay

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Income Inequality is good and it can benefit everyone. The Majority of people say that Income Inequality is a bad thing but it is actually good. Without rich people, we wouldn’t have all the cool stuff that we have now. Income Inequality actually isn’t a bad thing. People become wealthy so they can buy the stuff that we will eventually be able to get later in our lives. Without rich people, we wouldn’t have all the stuff that we have now. If it wasn’t for innovators like John D Rockefeller, Steve Jobs, or Bill Gates, we would not have the stuff that we have now like cars or computers or iPads. “Income inequality in a capitalist system I truly beautiful because it provides the incentive for creative people to gamble on new ideas and it turns luxuries into common goods.” (Washington Post). …show more content…
Americans constantly outsource jobs here in America by allowing farmers to grow their plants and dentists to take care of patients. The big picture being if you leave people to do what it is that they do then you can do what it is that you can do better than other people. “Individuals and nations should do what they do better than others and let others do other things.” (Washington Post). If we did not have rich people then we would not have things like phones or cars. Without rich people, we would have the stuff we have now. If we did not the spread the wealth, then there would be any rich people. Despite outsourcing jobs, Americans still raise their disposable income. Income Inequality actually isn’t a bad thing. It’s actually a good thing. “Wealth Inequality is a healthy and necessary component of a growing economy.” (CNBC). Concerns over wealth inequality are completely appropriate as it has become a major problem over the past 25

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