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If you think you aren’t able to enjoy comfortably with your income earning then, you aren’t the one who express your dissatisfaction. Most of my friends complain about coping with steeply rising in daily expenses especially food, groceries, property, children’s education, gas/petrol etc. in order to survive in the cities. Think again. You aren’t the only one feeling the burden, stress and struggle to cope with high living expenses in your country but the same phenomenon occurs in other countries around the world.
In the recent video clip reported on 17th September 2012, Bloomberg shares a chart of income inequality in the United States of America where the Rich Get Richer while the Middle Class and Poor Get Poorer in the U.S.A. The same issue of income inequality happens in Europe and Asia regions as well.
Why is it happening to the new generations who struggle to have better lifestyle just like their parents’ generation? The income/wealthy gap between rich and poor is getting wider in every country. Middle income earners are unable to fit in between the rich and poor due to the high rising costs of living thus, they begin to fall and create a big portion of poor category. Even though our salary earning is growing higher but we don’t even meet our ends comfortably. One of the main factors is the relationship between demand and supply. As the rate of human population growth frighteningly fast. It’s already reaching over seven billion 31st October , 2012. Thus, everyone is educated to chase similar dream like, graduating with degree or master in order to land into better white collar career, buying properties to start family and invest etc. As such, the land becomes limited for farming and agriculture since most of the land are developed for commercial and private development in the cities. When land becomes limited resources for farming and agriculture then, we experience the global warming due to the rise of the temperature on the Earth’s land and ocean which is a threat of the food cycle to the sea animals, animals and plants including the humans as well.
