October 21, 2016: Millions
About 5 million people have millions of dollars in the US. Over eight times as many people are poor. That’s over 40 million people. There are about 15 million people with millions of dollars in the world. Over two hundred times as many people are poor. That’s over 3,000 million people. Or 3 billion. Just under one half of those people are extremely poor. That’s 1,300 million people. Or 1.3 billion.
Income inequality paints a stark picture of a world of haves and have nots. Progress has undoubtedly been made, especially in ending extreme poverty. Yet a story of just one poor human being is enough, let alone 40 million in the richest nation on Earth or 3,000 million in the world.