Saturday, October 29, 2011

Inequality in the U.S. vs the World

I saw some statistics on the New York Times website today that gave me some reason to think about the US's standing in the world.  First, the good news: the US remains one of the richest countries in the world in terms of Gross Domestic Product per capita.  Here are the top 5 countries in the OECD in terms of GDP per capita in 2010, according to the OECD website:

1.  Luxembourg
2.  Norway
3.  Switzerland
4.  United States
5.  Netherlands

Of those 5, the US is by far the biggest economy, meaning that we produce and consume more goods and services than anyone else in the world.

The bad news?  Here is the chart on measures of social justice in the US and other countries -- based on the overall poverty rate, child poverty rate, senior citizen poverty rate, income inequality, pre-primary education expenditures, and an "overall poverty prevention" rating and a "health" rating.  The US ranks 5th from the bottom, just above Greece, Chile, Mexico, and Turkey.

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