Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Economy

xchrom

(108,903 posts)

7. Rich-poor divide accelerating, says OECD

Reply to Tansy_Gold (Original post)

Thu May 16, 2013, 08:03 AM

May 2013

http://www.bbc.co.uk/news/business-22545210

The gap between rich and poor widened more in the three years to 2010 than in the previous 12 years, the OECD group of industrialised nations has said.

It says the richest 10% of society in the 33 OECD countries received 9.5 times that of the poorest in terms of income, up from nine times in 2007.

Those with the biggest gaps included the US, Turkey, Mexico and Chile.

The OECD says that if governments do not stop cutting back on welfare support this gap will grow wider.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

30 replies

= new reply since forum marked as read

Highlight:

STOCK MARKET WATCH -- Thursday, 16 May 2013 [View all] Tansy_Gold May 2013 OP

The Weekend Approacheth Demeter May 2013 #1

Looking at the toon. . . . Tansy_Gold May 2013 #2

Yes, AnneD May 2013 #19

We had an Unbirthday Party Sept 17th, 2011 Demeter May 2013 #20

Japan's first-quarter growth spurt shows early benefits of Abe's policy gamble xchrom May 2013 #3

Cooling prices, falling imports highlight euro zone's malaise xchrom May 2013 #4

WAL-MART'S 1Q PROFIT, SALES DISAPPOINT xchrom May 2013 #5

Good news? future markets are trending up! DemReadingDU May 2013 #9

SLOWER CHINESE GROWTH ADDS TO PRESSURE ON LEADERS xchrom May 2013 #6

Rich-poor divide accelerating, says OECD xchrom May 2013 #7

Obama�s Commerce Pick Got $54 Million from Bahamas Trust xchrom May 2013 #8

She should stay home and take care of her business and clip coupons Demeter May 2013 #21

ETA News Release: Unemployment Insurance Weekly Claims Report (05/16/2013) mahatmakanejeeves May 2013 #10

S&P DOWNGRADES WARREN BUFFETT xchrom May 2013 #11

Maybe something to do with Buffet passing off control too siligut May 2013 #30

HUGE MISS: Housing Starts Fall 16.5% To 853,000 xchrom May 2013 #12

DEFLATION: CONSUMER PRICES FALL 0.4% xchrom May 2013 #13

For a couple of heartbeats and a blink Demeter May 2013 #22

World from Berlin: 'Austerity Is Making European Economy Sicker' xchrom May 2013 #14

Laos Land Grabs: Deutsche Bank Backs Ruthless 'Rubber Lords' xchrom May 2013 #15

Coming to Germany: Spanish Workers Look for a Future in Bavaria xchrom May 2013 #16

Sen. Warren demands to know why criminal bankers aren�t being locked up xchrom May 2013 #17

They can find time.... AnneD May 2013 #23

You're just talking sensible Demeter May 2013 #25

I've upped my intake AnneD May 2013 #27

the chilling reality of america's worsening job crisis xchrom May 2013 #18

You knew he was a scorpion when you put him on your back... Demeter May 2013 #24

There are worse places to live than here Demeter May 2013 #26

Owatanna had 15 inches of snow and one week later, Tuesday, they hit 100 degrees with 7% humidity.. kickysnana May 2013 #28

30 cent gas increase they saw me coming...but they didn't catch me. kickysnana May 2013 #29