Economist:
[in 2000], the rich spent about 40 times more than the poor; today the figure is closer to 18. ...
But in many countries where populist politicians lament that poor folk have been left behind, consumption gaps have more recently narrowed—suggesting that lower-income households are catching up. This has happened quickly in Spain and Greece, and also in Britain and France. Inequality can be gauged in different ways. On consumption, it’s mostly good news.■
No comments:
Post a Comment