Paul Krugman Confronting Inequality Analysis

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The middle class, the social group between the upper and working class. One can be labeled in the middle class by the person’s income or their lifestyle. It seems to be the social class which does not suffer as much as the working class when it comes to money. However, it is now argued that the middle class will no longer exist. Why is it that the middle class will no longer exist? What is happening to the middle class? In “Confronting Inequality”, Paul Krugman argues how the middle class is no longer being treated equally as the higher class. Krugman includes many resources that match his argument. One of Krugman’s sources is Robert Frank who agrees that “Today’s rich had formed their own virtual country” (Krugman 563). It is also stated how the middle class families are no longer …show more content…
There are studies provided in the text that show how a poverty-stricken smart student is less likely to continue school than a mindless rich student. Also, Krugman points out how healthcare plays a big role in this because families with low income are more likely to have a student with health problems that can interfere with his or her dreams and goals. Not only does Krugman argue his point, he also incorporates a couple solutions that may help rise the middle class. In “RIP, The Middle Class”, there are many points made by Edward McClelland who believes that there no longer is a middle class. He claims that the United States is split into “two classes: aristocracy and peasantry” (McClelland 550). McClelland explains how much life was easier back in the 70s. There is a couple he includes in the article who are a great example on how the times have changed, and show how harder it is to make a living with no college degree as well as for those with a college degree. Here he also begins to state a couple facts on why the middle class is beginning to
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