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October 21, 2008

We’re No. 28!

In income equality, that is

In a 20-year longitudinal study of income inequality among 30 nations, the Organization for Economic Cooperation and Development found that the U.S. is now No. 28, ahead of only Mexico and Turkey, neither of whom is known as a font of economic — or other — equality. And, the gap is continuing to grow.

But, it doesn’t have to. Say what many bloggers have said about Tony Blair being George Bush’s lapdog on Iraq, in the U.K., the rich-poor gap has narrowed since 2000. The gap has also narrowed in Japan.

Surprisingly, it’s widened in Germany, although Germany of today is still below the OECD average. My guess is that German reunification has something to do with this; I don’t know if the OECD factored that in/out at all or not.

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