We're Not Broke, Just Twisted: Extreme Wealth Inequality
Egyptian, Tunisian and Yemeni protesters all say that inequality is one of the main reasons they're protesting.
However, the U.S. actually has much greater inequality than in any of those countries.
Specifically, the "Gini Coefficient" - the figure economists use to measure inequality - is higher in the U.S.
'Americans vastly underestimate the degree of wealth inequality
in America, and believe distribution should be
far more equitable than it actually is.'
inequality.org
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in America, and believe distribution should be
far more equitable than it actually is.'
inequality.org
(subscribe)
Political Truths: America’s Extreme Inequality A Clear And Present Danger To Middle Class And Country