I do mind the gap.
In his op-ed piece, Andrew Kohut ignores the problems that both rich and
poor have in countries and other jurisdictions with high inequality
(Don't mind the Gap. New York Times, January 27, 2012: A21).
In their book, The Spirit Level, Richard Wilkinson and Kate Pickett
enumerate the problems:
In developed countries, there is a strong negative relationship between
inequality and life expectancy; though only a very weak relationship
with average wealth. Similar results when we compare inequality and
life expectancy across the states in the USA: a strong negative
relationship. Again little relationship with the average wealth of the
A whole set of other indicators (trust, negative; infant mortality,
positive; incarceration rates, positive; well-being, negative).
So inequality matters and it is important to note that it is both rich
and poor who suffer from these negative effects. Undoubtedly the poor
In the light of the 15% tax rates paid by some of the very rich, we need
to thoroughly reform the income tax system to bring back an equitable
Sent to New York Times relevant to Don't Mind the Gap