World Inequality
The poorest 5% in the United States are richer than 70% of the rest of the world.
The poorest 5% in the United States are richer than the richest 5% in India.
What conclusions do we draw from this? I suppose it depends on your view of the world. My liberal and conservative clients are going to draw different ones, so I guess I’ll sidestep the whole question.
I know I’m a wimp.