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Inequality In America Is Worse Than In Egypt, Tunisia Or Yemen

By Implode-Explode Heavy Industries

``Egyptian, Tunisian and Yemeni protesters all say that inequality is one of the main reasons they're protesting. However, the U.S. actually has much greater inequality than in any of those countries. Specifically, the "Gini Coefficient" - the figure economists use to measure inequality - is higher in the U.S... According to the CIA World Fact Book, the U.S. is ranked as the 42nd most unequal country in the world, with a Gini Coefficient of 45... Tunisia is ranked the 62nd most unequal country, with a Gini Coefficient of 40.''

Full post as published by Mortgage Lender Implode-o-Meter on January 30, 2011 (boomark / email).