The US Ranks #3 in Wealth Disparity
OK - hold on for this.....the N.Y. Times reported last week that the U.S. ranks #3 in the world in wealth disparity.
Energy price increases, outsourcing, decreasing industrial sector, low personal income levels, inflation, terrible savings rates while debt is growing massively....and the U.S. debt is out of site - like maybe in the next galaxy. The middle class is getting squeezed....
"Other data shows that among major world economies, the United States in recent years has the third-greatest disparity in incomes between the very top and everyone else. Only Mexico and Russia, among major economies, have greater disparity."
Russia and Mexico. What in the world is going on. . .
1 Comments:
From the lack of posts, it appears noone wants to acknowledge or talk about US wealth disparity.
US wealth disparity is reflected in healthcare, public education and social services.
Years ago while taking a comparative history class I learned historically the United States most closely relects the Roman Empire. It's a chilling thought but one that seems more supported every year.....
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