Sunday 6 November 2011

A pictorial guide to why the 99% in America is so angry



On 2 November the UN 2011 Human Development Report,  which covers 187 countries, was released. It showed that Australia continues to rank second only to Norway on the global human development index with regard to equality within society, after adjustments were made for internal inequalities in health, education and income.
It shares equal first place with Italy when calculating life expectancy for those born in 2011 and, comes in third after Sweden and Norway in the overall life satisfaction category - a
placing it shares with a number of other countries.
On the issue of gender inequality Australia ranks at eighteen.

However, in the United States of America it is another story all together, with is ranking across the same indices resulting in an overall ranking of twenty-three.

From Business Insider this series of historical graphs demonstrates this level of inequality:

In fact, income inequality has gotten so extreme here that the US now ranks 93rd in the world in "income equality." China's ahead of us. So is India. So is Iran.

Wages as a percentage of the U.S. economy

1 comment:

Anonymous said...

The USA has already sold itself to China (with no natural resources) and Australia is making the exact same mistake as I write...so be prepared to get just as angry; if not more so! My theory is Australia is always 3 years behind the USA.