I'm writing a synthesis paper about why we should utilize middle-out economics (basically economics that focus on the middle class)
I'm very new to the topic so I don't want to spread myself too thin or dive into something I don't know too much about.
I'm planning on doing three paragraphs.
#1: Trickle-down Economics/ why it doesn't work
#2: Middle-out Economics in the past / why it worked
#3: Benefits for the future
My main problem is that my second paragraph talks a lot about income inequality. If I make it a separate point, I feel like there wouldn't be enough information and if I replace #2's point, then the paper won't be cohesive.
Do you have any tips on structuring this paper? Thank you!
Make sure you're clear on all your terminology. Read several definitions of each so you are more likely to get the whole picture.
http://www.google.com/search?q=trickle+down+theory+definition&oq=trickle+down&aqs=chrome.3.69i57j0l5.7036j0j7&sourceid=chrome&es_sm=119&ie=UTF-8
http://www.google.com/search?q=income+inequality+definition&oq=income+inequality&aqs=chrome.4.69i57j0l5.18737j0j7&sourceid=chrome&es_sm=119&ie=UTF-8
http://www.google.com/search?q=middle+class+out+economics&oq=middle+out+ec&aqs=chrome.5.69i57j0l5.13530j0j7&sourceid=chrome&es_sm=119&ie=UTF-8#q=middle+out+economics
When structuring your synthesis paper about middle-out economics, it's important to ensure a cohesive flow and include sufficient information in each paragraph. Here's a suggestion on how you could structure your paper:
1. Introduction: Provide a brief overview of middle-out economics and its focus on the middle class. Set the context for the paper and introduce the main points you will address in subsequent paragraphs.
2. Trickle-down Economics: Explain the concept of trickle-down economics and why it is often criticized for its inefficiency in benefiting the middle class. Discuss the arguments against trickle-down economics, such as how wealth concentration at the top does not necessarily lead to general economic growth or improved living conditions for the majority.
3. Middle-out Economics in the Past: Highlight historical examples of when middle-out economics has been successfully implemented and led to positive outcomes. Discuss policies or events that supported the middle class and led to improved societal well-being. Consider factors like increased purchasing power, social mobility, and reduced income inequality.
4. Income Inequality and the Role of Middle-out Economics: In this paragraph, address the issue of income inequality more directly. Emphasize how middle-out economics seeks to tackle this issue by promoting policies that support the middle class and bridge the wealth gap. Discuss concrete measures, such as progressive taxation, accessible education, job creation, and affordable healthcare, that have proven effective in reducing income inequality.
5. Benefits for the Future: Conclude your paper by discussing the potential benefits of adopting middle-out economics in the future. Incorporate arguments supporting the idea that a strong middle class fosters economic stability, social cohesion, and long-term prosperity for society as a whole. Discuss how focusing on the middle class can lead to sustainable economic growth, reduced poverty rates, and increased overall well-being.
By following this structure, you can address income inequality and its relationship with middle-out economics without sacrificing the cohesiveness of your paper. Remember to provide evidence, examples, and data to support your arguments in each paragraph.