Free Markets, Free People

well-being


So about the Democrat’s “class warfare” gig

We have it so bad here.  Income inequality, unfairness, the rich, the 1%.  Occupy whatever, etc.

Reality again intrudes (from the Economist) to kick that meme right where it deserves to be kicked:

[T]he OECD … has created the "Better-Life" index. Now in its second year, the index uses 24 variables (which include both hard data and survey data) across 11 sectors to create a measure of welfare for 34 of its member countries, plus Brazil and Russia.

The Economist has grouped these 11 sectors into four broader categories. America excels most in money and jobs, Switzerland in health and education. This year the OECD has adjusted the index for equality to give an estimate for the top and bottom 20% of each country’s population. America scores particularly poorly on this account, with the bottom 20% having an index score some 25% below that of the top 20%.

And a handy chart to go with it:

20120609_woc357

Yup, life sucks in the US.  We need more fairness.  We’re just not keeping up.  We’re the worst. 

Well, except for all the others (save Australia).

(HT: OTB)

~McQ

Twitter: @McQandO