Tuesday, June 7, 2011

U.S. Income Inequality Similar To Uganda, Worse Than Ivory Coast, Pakistan

Yesterday I posted on the comments of writer Eduardo Porter regarding growing income inequality in America. Think Progress used data from the CIA Factbook to assemble the following graph, which shows that the U.S. has about as much income inequality as Uganda and more than Pakistan and the Ivory Coast:


Reuters reports that income inequality is higher than any other time since the Depression. Cenk Uygur of the Young Turks cites our growing association with Third World disparities; the weakening of labor unions, which fought for higher middle class wages, and the ability of the rich and powerful to buy off politicians, who do their bidding by fighting for tax breaks and against minimum wage and child labor laws. Watch:

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