Sunday, January 19, 2014

How the U.S. compares to the world on economic inequality

If we keep on our current economic path, we will soon be comparable to South Africa and Latin America -- regions where history saw tiny colonial elites lord it over the vast majority of the people.

Of course, we could reverse that course and try to join the advanced developed countries of Europe, Asia and Oceana and reduce income inequality and increase socio-economic mobility. That is the way America used to be, and the way Americans generally see themselves.

No comments: