3 ms·

Its worse in Europe and no one is talking about because "hurr de hurr socialism" while wages are stagnating.

• hackuser 10y ago
  > Its worse in Europe I'm pretty sure that's not true. I've read many times that the U.S. is at or near the top (i.e., the worst) in inequality, and that economic mobility also is higher in Euripe. A quick search found the following: * See the map at the top which shows current inequality (it would take too long to read through the table and figure out historical change): https://en.wikipedia.org/wiki/List_of_countries_by_income_equality https://en.wikipedia.org/wiki/List_of_countries_by_income_eq... * "Income inequality is high in the US, but the support of social welfare programmes is low. In Europe, income inequality is low and the welfare states are generous." http://voxeu.org/article/perceptions-inequality-europe-and-us http://voxeu.org/article/perceptions-inequality-europe-and-u... * "Towards the end of the 2000s the income distribution in Europe was more unequal than in the average OECD country, albeit notably less so than in the United States" http://www.oecd-ilibrary.org/economics/income-inequality-in-the-european-union_5k9bdt47q5zt-en http://www.oecd-ilibrary.org/economics/income-inequality-in-...