Is Europe as Unequal as the U.S.? (Canuto)

Is Europe as unequal as the U.S.? by Otaviano Canuto. “Europe is the land of generous social programs with not as much inequality as in the U.S., right? It is fair to say that low interpersonal inequality in general remains fundamental for most Europeans, while part of the American dream is to pursue social mobility based on entrepreneurship and equality of opportunities rather than income. Nevertheless, if the European Union (EU) is taken as a single country, economic data show that the EU and the U.S. have similar levels of inequality…As Branko puts it:’In the United States, inequality is a matter of individuals or social classes; in the European Union, it is a matter of location or countries.’ In the U.S. inequality is based on the gap between the rich and the poor regardless of the state they live in, whereas in Europe the gap is more pronounced among countries and regions.” http://huff.to/N51OTV