The rich get richer... in Venezuela
It's not just America where the gap between rich and poor is widening. It's also happening in Hugo Chavez's socialist paradise:
Thanks to economic growth and social programmes, the government claims that only 30% of Venezuelan families now live in poverty, down from 55% at the peak in 2003. But according to a new report by the central bank, income inequality has widened slightly under Mr Chávez: the Gini coefficient—a statistical measure of inequality—has gone from 0.44 in 2000 to 0.48 in 2005.
(Hat tip Passport)