UN: Latam 20% richest earn on average 20 times more than the 20% poorest

Wednesday, August 22nd 2012 - 05:24 UTC

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The gap is widening between the rich and poor in much of Latin America which is the world’s most economically unequal and its most urbanized region, the UN said Tuesday. The richest 20% of the population now earn on average nearly 20 times more than the 20% poorest, a study by the UN Human Settlements Program (UN-HABITAT) found. Read full article

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Beef
The Chavez or CFK models of solving this problem is simple. Make sure everyone is equally poor.
Aug 22nd, 2012 - 07:06 am - Link - Report abuse 0
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Frank
Not everyone....... just everyone but those in the purple circle..
just slam the middle class back into poverty whenever they look like getting ahead....
Those of us from more socially advanced bits of the planet know that true democracy and equality rides on the back of a strong and growing middle class.
Aug 22nd, 2012 - 07:35 am - Link - Report abuse 0
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Ozgood
Frank, you have really got to heart of the problem.
Aug 22nd, 2012 - 08:54 am - Link - Report abuse 0
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ManRod
Argentina named as the one of the nations with highest increase of inequality, while Chile is not being mentioned there.

Wasn't it the other way arround, according Kirchnerists?
Aug 22nd, 2012 - 01:10 pm - Link - Report abuse 0
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ChrisR
@4

Of course, but after all the Kirchneristas are lying bastards.
Aug 22nd, 2012 - 09:01 pm - Link - Report abuse 0
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BAMF Paraguay
Personally I see nothing wrong with a few billionaires and the rest of the people making six figures. Sounds like a good deal to me.

This whole GINI index is the biggest bunch of crap I have ever heard of. Just some damn socialists that want everyone to be poor. Spread the wealth!! The rich will just keep working away like slaves!!! yeah f*ing right.
Aug 22nd, 2012 - 11:07 pm - Link - Report abuse 0
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British_Kirchnerist
The Kirchnerist boom, especially coming from the artificially low base of 2001-3, was always more likely to tackle poverty than inequality itself. I hope that in her next few terms Cristina turns around the inequality situation. That she is so close to Venezuela, which the report lauds as one of the most equitable, is a good sign
Aug 22nd, 2012 - 11:08 pm - Link - Report abuse 0
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Simon68
7 British_Kirchnerist (#)
Aug 22nd, 2012 - 11:08 pm

Yes, in Venezuela everybody,except Chávez and his clique, is equally poor!!!!!!!
Aug 23rd, 2012 - 05:51 pm - Link - Report abuse 0
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ChrisR
8 Simon68

Spot on.

BSK does not appreciate that if a society has 'super-rich' and 'rich' strata then it would be reported as dealing with inequality just the same.

He just cannot bear the fact that distributing a country's wealth to the poor is intrinsically bad for the country, not good.

Wealth creation for everyone is also seen as 'bad'. I think Codorito was overly generous when he downgraded him from AAA to AA Numpty.

LOL :o)
Aug 23rd, 2012 - 07:31 pm - Link - Report abuse 0
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