Monday, October 03, 2005

Growing gulf between rich and rest of America


Guess which the CIA World Factbook describes when it says, "Since 1975, practically all the gains in household income have gone to the top 20 percent of households."

If you guessed the United States, you're right.

The United States has rising levels of poverty and inequality not found in other rich democracies. It also has less mobility out of poverty.

No comments: