Tuesday, October 9, 2012
US Fails GINI Test
Barry, My Liege :
The United States of America is more unequal in income distribution than most European countries as well as Japan, South Korea, India, Turkey, and Israel.
Several rapidly growing developing economies, including Brazil, show greater inequality, according to the Rand Corporation in the link above.
This is remarkable since the United States is classified as an industrialized country where citizens should enjoy the benefits of that development.
My Liege, this is the biggest problem for your second term.
We pray you act wisely for all our benefit.
Your faithful servant,