Saturday, August 20, 2011

Economic inequality in America: how bad is it?

from Xeni at BoingBoing

Real bad. On PBS NewsHour last night, correspondent Paul Solman went to the line outside the Letterman show in NYC and showed people three different pie charts representing the possible distribution of wealth in three different countries. Most people figured the most equal of those was the US. It wasn’t. The US was the most unequal: the top 20% own 84% of the wealth in America, and the bottom 40% have only 0.3%. Land of the increasingly screwed, more like it.

Watch video here (or at YouTube)

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