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Old 11-03-2012, 11:19 PM
Daldolma Daldolma is offline
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Join Date: Jun 2010
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Quote:
Originally Posted by Ephirith [You must be logged in to view images. Log in or Register.]
The USA HDI is distorted by our country's absurd amount of wealth, which is one component of the figure. The figure used to represent wealth in the HDI doesn't adequately account for our horrendous levels of income inequality. Wealth in the USA is concentrated among an oligarchy like you just don't see in many other western nations. Look at the figures for education index and life expectancy index by themselves-- they are a bit less flattering. And to add a little context to the HDI's income figure, look at the GINI coefficient.
We're #5 in education index, behind just Norway and Ireland from Europe. We're actually higher in education index than income index, where we're 10th, ahead of all of Europe but Liechtenstein, Luxembourg, and Norway.