Economist Explains Why Poverty Is ‘Falling Faster Than Ever’ as Inequality Skyrockets

Posted on AllSides March 15th, 2016
From The Right

Despite lingering gloom from the economic recession, life is getting much better for the most distressed people all over the world. Since the 1980s, the share of people living on less than $1.25 day has plummeted from 53% to just 17% in 2011. Globally, those at the bottom of the economic ladder is “falling faster than ever,” according to Oxford economics Fellow, Max Roser. Indeed, the World Bank is so elated by the trend that it believes, for the first time in human history, poverty can be completely eliminated by 2030.

Read full story
Some content from this outlet may be limited or behind a paywall.
http://www.breitbart.com/big-government/2015/03/30/economist-explains-why-poverty-is-falling-faster-than-ever-as-inequality-skyrockets/

More News about Inequality from the Left, Center and Right

From the Left

From the Center

From the Right