Income inequality in the U.S. is literally off the charts
by David Atkins
Consider this yet another depressing reminder of the depraved immorality of our economic system:
It is well known that the level of income inequality stretches much higher in the United States than in the other developed countries of Europe and North America. Now a report from the International Labour Organization shows that U.S. inequality has literally gone off the chart.
Income inequality in the United States is soaring so high, in fact, that the authors of the ILO’s new 2013 World of Work report couldn’t even place the United States on the same graph with the other 25 developed countries their new study examines.
Here’s the chart:
To get a good grip on income inequality in the United States, you really a video to capture it:
Just as we look back on the savagery of the Mongol hordes in revulsion today, there will come a day when future generations look back on us today and shudder at the horror of it. And they will wonder why we didn’t band together to do something about it sooner.
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