U.S. and Israel Have Worst Inequality in the Developed World [claiming to tbe the best in the world....]

U.S. and Israel Have Worst Inequality in the Developed World

CNN

http://money.cnn.com/2015/05/21/news/economy/worst-inequality-countries-oecd/

The U.S. and Israel have the worst inequality in the developed world, according to a report from the Organisation for Economic Co-operation and Development. The OECD found that the gap between rich and poor is at record levels in most of its 34 member countries. But the U.S. and Israel stood out from the pack. In the U.S., the richest ten percent of the population earn 16.5 times the income of the poorest ten percent. In Israel, the richest ten percent earn 15 times that of the poorest. That compares with the average ratio of 9.6 times across the OECD. The income gap has been growing steadily in recent decades. In the 1980s, the rich made about seven times as much as the poor. The report also reveals wealth inequality is even more extreme than income inequality.