Monday, October 10, 2011

Critique Editorial-Feeling Poorer?

When I read the article Feeling Poorer I found it pretty captivating what the author had to say about the decrease of income in higher and lower classes. The author is trying to convince the readers that this economic problem is serious and it’s affecting many people. By trying to convince the readers she uses facts about our decreasing income and increasing poverty rate. She tells us “Those in the lowest fifth of the population saw their income drop 14.2% from 2000 to 2010 if inflation is factored in. But middle, and even upper-middle class, people have suffered as well. Those in the top fifth saw their income drop 5.8%.” The author’s opinion about the government is that the Government spends money in two currencies — U.S. dollars and open-ended promises. I agree with the author here. I don’t think our government is doing a good job by trying to fix our economic problems. The government's primary mission is to protect its citizens, not attack Social Security and Medicare to pay for the mistakes that have been made in the past. The author quotes, "A government whose primary mission increasingly is to tax (and borrow from) the young to fund entitlement programs, largely for seniors, is inviting economic stagnation and endangering its future." The author has a very valid point, I am about to be eighteen and attending college in the fall and my future is going to be a financial struggle as I get older and older. The author does a good job listing facts that would get readers attention. I also found this article very informative and convincing.

1 comment:

  1. link to this article-http://www.usatoday.com/news/opinion/editorials/story/2011-10-09/feeling-poorer-wall-street/50712924/1

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