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Thursday, June 16, 2011

United States of America: 4th highest poverty rate in the world

You read it right. The United States of America, 4th most poverty-ridden population IN THE WORLD. I never thought I'd see that but it's from the Organization for Economic Co-operation and Development and on The Huffington Post today: #4 Highest Poverty Rate in OECD: US The United States has a GDP per capita (price purchase parity) of around $47,000 and a population of over 300 million. The United States has the largest economy of any country in the world-- about the same size as the second (China) and third (Japan) largest national economies combined when measured using price purchase parity. It is rated as having a very high degree of development by the Human Development Index. The good news? We're not as bad as Turkey. The bad news? We're down here with Mexico (No.1), Israel (2) and Chile (3). So much for winning the "Cold War", huh? Yikes. This is so not where I think we all thought we were, is it? Links: http://www.huffingtonpost.com/howard-steven-friedman/5-oecd-countries-with-the_b_877368.html#s290783&title=4_Highest_Poverty http://en.wikipedia.org/wiki/Organisation_for_Economic_Co-operation_and_Development

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