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Saturday, January 29, 2011

Inequality In America Is Worse Than In Egypt, Tunisia Or Yemen

Egyptian, Tunisian and Yemeni protesters all say that inequality is one of the main reasons they're protesting.

However, the U.S. actually has much greater inequality than in any of those countries.

Specifically, the "Gini Coefficient" - the figure economists use to measure inequality - is higher in the U.S.

According to the
CIA World Fact Book
, the U.S. is ranked as the 42nd most unequal country in the world, with a Gini Coefficient of 45.

In contrast:
Tunisia is ranked the 62nd most unequal country, with a Gini Coefficient of 40.
Yemen is ranked 76th most unequal, with a Gini Coefficient of 37.7.
And Egypt is ranked as the 90th most unequal country, with a Gini Coefficient of around 34.4.
And inequality in the U.S. has soared in the last couple of years, since the Gini Coefficient was last calculated, so it is undoubtedly currently much higher.


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