New Report: U.S. and Israel Have Worst Inequality in Developed World
A report recently released from the Organisation for Economic Co-operation and Development shows that the United States and Israel have the worst inequality in the developed world.
Although the divide between rich and poor is at historic levels for the majority of the 34 developed member nations, the US and Israel have distanced themselves from the fold.
The OECD discovered that in the US, the richest 10% of the population earn 16.5 times the income of the poorest 10%. In Israel, the richest 10% earn 15 times that of the poorest. In comparison, the average wealth gap in OECD nations is 9.6. The rich earned approximately seven times as much as the poor in the 1980s.
It was also recorded in 2012 that in 18 OECD countries, the bottom 40% of households owned just 3% of the wealth while the top 10% controlled 50%.
In the US, the wealthiest 5% has nearly 91 times the amount as the average citizen.
Low spending on social programs in the US and Israel compared to other OECD nations has been mentioned as a possible factor for the large discrepancies of wealth among their citizens. Also, the massive skill gap in the workforce has been blamed as well, meaning the division between skilled workers who command much higher salary and low-skilled workers.
SM Gibson writes for TheAntiMedia.org, where this article first appeared. Tune in! The Anti-Media radio show airs Monday through Friday @ 11pm Eastern/8pm Pacific. Help us fix our typos: [email protected].
Source: http://www.activistpost.com/2015/05/new-report-us-and-israel-have-worst.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Visits: | 1,707,021,898 |
| Stories: | 8,447,025 |
Whistler Blowers, Insiders
