week 3 economics

I need 350 word initial post and two replies of 75 words each. I will send the replies later. Please send me soon.  

1. What are some of the effects (good and/or bad) of the increasing income inequality in a developed country like the US? 

2. Please describe the income inequality, poverty rate, and economic mobility in a country of your choice (try not to repeat countries already posted!). Data would be helpful, but I am looking more broadly for an understanding of how these things affect citizens, rather than the simple statistics. 

3. Describe at least one policy designed to reduce poverty, and its costs and benefits to the greater society.