What a standard to aspire to - U.S. worse than China in economic inequality

While nearly 2 million Chinese people live on less than $2 per day, the economic powerhouse is also home to more billionaires than the United States. And yet, new data by the World Wealth and Income Database shows economic inequality is worse in the US than it is in China.

Hell of a thing, isn't it? U.S. could learn a few lessons from China.

"Income and wealth equality is a pillar of the Chinese Communist Party, so the growing income gap may become an existential crisis for the party. Officials continually attempt to achieve fair income distribution for all citizens and curb unrest through policy. In recent years, the government has increased rural residents’ incomes, reduced tax burdens on middle- and low-income groups, and placed caps on senior government enterprise officials’ salaries. The government has also worked to drastically cut down on corruption, though wealth from corruption is not accounted for in this report"

More at:

http://www.vox.com/world/2017/2/16/14636472/income-wealth-inequality-gap-china-bad-us-worse