Posted by: The Elephant Owner in Economics on January 31st, 2011

The chart below shows that the poor in the United States would rank as the rich in other countries. It also shows that the difference between rich and poor is much starker outside our borders.

Chart: The difference between rich and poort

New York Times: The Haves and the Have-Nots

This begs the question about people who speak of social justice and income redistribution: Does this chart mean that the USA (including the poor) should be sending money to those who did not have the good fortune to be born in the United States?

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