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Economist attacks US 'inequality'

The richest 1% of Americans now hold 25% of the country's wealth and more needs to be done to boost equality, says Nobel Prize winning economist Joseph Stiglitz in Davos.

 

The states with the widest gap between rich and poor

While some income inequality is generally considered necessary in a free market economy, extreme inequality is not. In the United States, there are far more poor people than wealthy ones -- and the gap between the rich and poor is growing.

 

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