This is just another source showing what we have known for years --- the middle class in America is shrinking, the lower class is growing, and the difference in the proportion of wealth controlled by the upper class versus the lower class is increasing. If the trend continues, we will be like some of these third-world plutocracies in which the very few very wealthy control all the wealth and the governemnt as well, while the vast majority own nothing and work for a pitance. The key to American success has always been a strong middle class. As that goes away, so does the strength of this nation, and its stability.
dragonrider Reviewed by dragonrider on . US wealth gap among world's highest US wealth gap among world's highest Thu, 23 Oct 2008 08:26:00 GMT A UN report has warned that the high rate of inequality in American cities could cause widespread social unrest and increased mortality. The annual State of the World's cities report from UN-Habitat, found that New York was the ninth most unequal city in world, the Guardian reported on Thursday. Atlanta, New Orleans, Washington, and Miami were not far behind, with rankings similar to those of the Kenyan capital Nairobi, Rating: 5