A United Nations report reveals that economic disparity in the United States is exploding, especially in major cities.
A new United Nations report has revealed major US cities, including New York, Washington, Atlanta and New Orleans, have levels of economic inequality that rival cities in Africa.
The United States has the highest inequality and poverty rates in the OECD after Mexico and Turkey, and the gap has increased rapidly since 2000.
In the United States, the richest 10 percent earn an average of $93,000 — the highest level in the Organization for Economic Cooperation and Development avergages. The poorest 10 percent earn an average of $5,800 — about 20 percent lower than the OECD average.
Oh, and last year we spent $628 billion in defense and $315 billion in private military contracts. Good to know that my tax dollars are being put to good use.
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