Income inequality continues to rise throughout the country. This issue is perhaps best summed up by the phrase; the rich get richer, and the poor get poorer.
Too many people at the lower end of the socio-economic ladder are deprived of good working wages. In comparison, the wealthiest people in the country continue to make more and more money. While the prominent executives are taking home huge bonuses, the people down at the bottom are struggling to get by on minimum wage.
Naturally, this creates a troubling situation in the U.S. Income inequality has significant implications on the lives of millions of people. In this post, we look to explore some of the critical areas that are most impacted by the growing income inequality.
An increase in ACEs
ACEs are adverse childhood experiences, which primarily refers to any stressful or damaging events that happen during childhood, thus can affect health and development across the life course (Halfon, Larson, Son, Lu, & Bethell, 2017). Unfortunately, this can include domestic violence, children being abandoned by parents, a parent being imprisoned, or growing up in an uncertain home environment that’s plagued by arguments or drug abuse problems.