Improving Equal Opportunity And Economic Empowerment Is Both Morally Right And Good Economics

Improving Equal Opportunity And Economic Empowerment Is Both Morally Right And Good Economics

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Bill Clinton once said “It turns out that advancing equal opportunity and economic empowerment is both morally right and good economics, because discrimination, poverty and ignorance restrict growth, while investments in education, infrastructure and scientific and technological research increase it, creating more good jobs and new wealth for all of us.” An education provides endless opportunities for the nation such as; informing people of ways to control unnecessary spending of their money, paving the way to better career opportunities, and preparing people for the stressful conditions faced in the real world. While education is a huge factor in breaking the nation’s cycle of poverty, it is not the only key to ending the cycle of poverty. People must also have the desire to succeed, outstanding assets, and support from family and loved ones. Breaking the cycle of poverty in the nation requires enforced education and the efforts of those living in poverty.
Higher education provides people with the information that they need to limit their use of substances and use their money for other needs. People living in poverty tend to spend about 2 percent of their income on drugs and alcohol because they are not educated on the wise ways to spend money. Not only do people in poverty spend their money on drugs and alcohol, but they also become addicted to those substances which leads to further consequences. Once a person becomes addicted to chemical substances they risk losing their job due to the symptoms of substance abuse such as: mood swings, depression, slurred speech, and agitation. If people living in poverty were educated on how their addictions effected their financial situation, they may seek help for their addictions and s...


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...ed. Having support from family/loved ones encourages people in poverty to get an education followed by a career and provides them with resources to career opportunities.
Education proves to be a tremendous factor in ending the cycle of poverty because it informs people of their unnecessary spending habits and how to prevent them, it paves the way to higher paying career opportunities, and it prepares people for the stressful conditions faced in the real world. While education is the leading factor in ending the cycle of poverty, it is not the only tactic in ending the cycle of poverty. Other ways to end the cycle of poverty include: people having the desire to succeed, people having outstanding assets, and people having support from family/loved ones. Ending the cycle of poverty is not an easy task, but it is possible with the tactics described in this essay.

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