- The richest 10% of Americans on average earn more daily (Int$156 per person) than similar groups worldwide
- They also make nearly 7x more than the bottom 10% of Americans.
- Yet, the bottom 10% in the U.S. earn more than the top 10% in many countries, including Indonesia, Egypt, and India.
- Luxembourg’s richest 10% (not visualized) out-earn Americans on a per capita basis, the only country to do so.
- The top 10% in the U.S., is about 34 million individuals, compared to India and China’s 140 million individuals.
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0 sats \ 0 replies \ @kepford 7 Apr
This chart is interesting and confirms some things I've thought. The poorest in the US are 10x+ better off than those in the poorest countries. Kinda seems like free markets help everyone but obviously everyone doesn't capitalize on it equally. This shouldn't be a surprise. Much more likely to have more equality in a more poor nation.
One thing it does not do is show the number of people across the margins of income.
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