Income Inequality

noun money received, especially on a regular basis, for work or through investments

• The government requires individuals to report their annual income for tax purposes.
• I heard she makes a decent income working at the law firm.
• He's always hustling to increase his income.
• Education is an investment in yourself that can lead to a higher income in the future.

verb A word that expresses an action or a state of being. In this case, 'narrow' is the verb in the phrase 'narrow the gap'.

• The company implemented various strategies to narrow the gap between its revenue and expenses.
• We need to do something to narrow the gap between what we spend and what we earn.
• Let's figure out how to close the gap between our costs and our income.
• By working together, we can narrow the gap between where we are now and where we want to be in the future.

noun a social class consisting of people who work for wages, especially in manual or industrial work

• The working class is the group of people who perform manual labor for wages.
• My family has always been part of the working class, working hard to make ends meet.
• The working class folks are the ones who keep the world turning with their sweat and toil.
• In the game of life, the working class are the true backbone of society.

noun A word that represents a person, place, thing, or idea. In this case, 'state' is a noun as it refers to a political community or territory.

adjective A word that describes or modifies a noun. 'Third' is an adjective as it specifies the order of the state in relation to others.

• In political theory, the third state is often referred to as the common people or the working class.
• The third state is basically just regular folks like you and me.
• The third state is where the real people are at.
• The third state represents the backbone of society, keeping everything running smoothly.

noun a person or group that is financially struggling due to rising costs and stagnant wages

article a word that is used to indicate a specific noun (in this case, 'the' is used before 'squeezed middle' to specify which group is being referred to)

• The squeezed middle, referring to those in the middle income bracket, often faces financial challenges due to rising living costs.
• The squeezed middle, meaning people with average incomes, are feeling the pinch with increasing expenses.
• The squeezed middle, the folks in the middle earning range, are really feeling the money squeeze.
• The squeezed middle, like a sandwich being pressed, is caught between the wealthy and the poor in terms of financial stability.