More videos from this category
KMC » 10pm - Dec 6, 2011
Published on Dec 5, 2011 by Euronews http://www.euronews.net/ Another nail has been driven into...
Category: Best of the Web
Tags: euronews, economy, Poverty, class, war, income, disparity, Organisation, for, Economic, Cooperation, and, Development
Published on Dec 5, 2011 by Euronews http://www.euronews.net/ Another nail has been driven into the coffin of the theory that if the rich became richer wealth would trickle down to the poor. Research by the Organisation for Economic Cooperation and Development think tank shows the divide between the rich and the poor is growing in most of the world's major economies and is at its highest level in decades. It blamed spending cuts on social programmes and lower taxes on the wealthy.