Posted 6 years ago on July 26, 2014, 4:24 a.m. EST by OccupiedFrog
from Chazy, NY
This content is user submitted and not an official statement
Let's Do The Math, er...ah..umph...I Cannot find my Slide Rule....but Younger People with Calculators, this means the Loathed 1% is only 85 People, while we, the 99%, are 3,500,000,000,......or threreabouts. http://youtu.be/0UKd154Ce6g
World's 85 richest earn more than 3.5 billion poorest: UN report Posted by Orraz Team on Friday, July 25, 2014 in News
The 85 richest people globally have as much wealth as the 3.5 billion poorest in the world, the United Nations said, citing Oxfam figures, in a report that highlights ways to help the 1.2 billion people who live on less than $1.25 a day. The UN’s annual Human Development Report notes that overall poverty is declining throughout the world, but says worsening inequality risks reversing the trend to improvements in life span and income. Canada placed No. 8 on the UN Human Development Index, a measure based on education, income, health and other measures of human well-being. It is among the group of nations considered to have a very good record on human development, with Norway at the top of the list. That is better than last year, when Canada placed 11th, after making the top of the list in the 1990s. Among the nations considered to have very poor human development are Niger, Congo, Mali, Haiti and Nepal. Nearly one-third of people are poor or vulnerable to poverty, meaning they are not resilient in the face of natural or human-induced disasters and can slip further behind, according to the report. Eradicating poverty is not just about "getting to zero, but about staying there," said UN human development head Helen Clark. Call for universal access to social programs The report calls for "universal access to basic social services, especially health and education; stronger social protection, including unemployment insurance and pensions; and a commitment to full employment, recognizing that the value of employment extends far beyond the income it generates." "Where people do address these things, development can come along very, very nicely. Where they haven't addressed a lot of vulnerabilities and development deficits, as in Syria, it all comes spectacularly unstuck," Clark said. Such investments in human capital pay off in the long run in lower infant mortality and greater resilience in the face of disaster, the report says. It says global trends in human development, including income, education and life expectancy, are positive, but not guaranteed to remain on that track.