The Evolution of Corporate Welfare and Inequality in America since 197

Over the last forty years many people have claimed that the level of equality has risen to an all time high. The evolution of corporate welfare in the United States, aided by the spread of globalization has put a huge burden on many lower class Americans. Race is still an issue we face everyday, as many minority groups are in the lowest percentile of salary or are living in extreme poverty, in addition, residential racial segregation furthers the disenfranchisement of minorities due to the lack of opportunities available in areas with a concentration of poverty. American politics as a whole contributes to all of these factors that engender hardships in everyday American life. In reality, over the last forty years we have seen a great increase in both scope and depth of inequality based around the role of race, globalization and corporate welfare supported by corporate sponsored American policymaking. The main factor contributing to the rise of inequality over the past forty years is corporate welfare. A term used to analogize welfare payments to corporate subsidies. Between 1990 and 1993, the federal government spent one hundred and seventy billion dollars on corporate subsidies. Medicaid, the federal government’s most expensive social program costs thirty billion a year. This is almost half of what the corporations receive in tax breaks, grants and other government subsidies. The fact that corporations get more tax breaks than American citizens get in healthcare is preposterous. Possibly the best example of frustration with corporate welfare in recent years is the Occupy Wall Street protest, which embodied the frustration of working American people who had seen their jobs, savings and in some cases homes disappear due to the irr... ...Geography - Volume 26, Number 8 / November 16-December 31, 2005 - Bellwether Publishing, Ltd. Bellwether Publishing, Ltd., 8 Oct. 2007. Web. 8 Nov. 2013. . Grimaldi, James V., and Carol D. Leonnig. "Former Aide to Ex-Congressman Ney Pleads Guilty in Abramoff Case." Washington Post. The Washington Post, 27 Feb. 2007. Web. 7 Nov. 2013. . Smith, Jeffery. "DeLay Airfare Was Charged To Lobbyist's Credit Card." Washington Post. The Washington Posy, 24 Apr. 2005. Web. 6 Nov. 2013. . Weinberg, Daniel H. "A Brief Look at Postwar U.S. Income Inequality." Census.Gov. Current Population Reports, n.d. Web. 9 Nov. 2013.