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> Wealth Inequality - The gap is widening In the US, yes. Globally, no. http://www.nytimes.com/2014/07/20/upshot/income-inequality-is-not-rising-globally-its-

• bluthru 12y ago
  That just makes us even more embarrassing.
  • saryant 12y ago
    "Globally" includes the billion or so people lifted out of poverty in the last twenty years.
  • SamReidHughes 12y ago
    If globalization is what's driving down wages for lower-wage Americans that's not embarrassing, that's just math.
  • MarkPNeyer 12y ago
    the us had a higher standard of living than the rest of the world for years. now the rest of the world is catching up to us; that means things will seem to suck for us by comparison for a while.
• eli_gottlieb 12y ago
  Simpson's Paradox: within almost every country it's widening, but between countries it's shrinking.
  • unholiness 12y ago
    To clarify (since Simpson's paradox really only applies when tracking the average of a single variable, not its "inequality", or standard devation): The local increases in income inequality don't contradict global decreases because populations are mixing between countries. If an average American moves to Zambia and an average Zambian moves to America, the result is that the income gap of both nations increases, while the worldwide income gap remains the same.