US Has Fourth-Highest Income Inequality Rate in the World
A recent report issued by Paris' Organisation for Economic Co-operation and Development analyzes the countries around the world with the highest income inequality rate, per capita. And guess where the United States sits? At number four -- right after Chile, Mexico and Turkey. Given our country's unemployment rate -- noted today to have jumped unexpectedly last week --compared to our proportion of billionaires (of the richest people on the planet, the US claims four of the top ten), this doesn't come as a huge surprise. But it does underscore what happens to a country in which the wealthy live on the backs of the poor -- for evidence, check these Mother Jones charts that illustrate why Congress is friendlier to Wall Street than Main Street.
List below; read more at the Huffington Post.
Highest Income inequality Rates in the World
4. United States
7. United Kingdom
10. New Zealand