The Very Least Among Us

Oct 2 2013 @ 10:55am

Charles Kenny covers the plight of America’s bottom 1%:

The bottom 1 percent in the U.S. live on an income that is one six-hundredth of the average for the richest 1 percent of Americans. They live on less than the average GDP per capita of a low-income country such as Afghanistan, Mozambique, or Haiti. And they live at or below the national poverty lines of such countries as Ghana, Congo, and Mongolia. Despite living in one of the richest countries in the world, the bottom 1 percent of Americans see incomes below the global median.