No - it would actually get worse. We simply don't have the resources to 'lift' 7 billion people.
World GDP is approximately $63 trillion and if it was equally spread among 7 billion people, each individual gets $9K per year. Even with a two person household, $18K per year is still considered poor. Barely anyone would own a car, be able to purchase gas, and the majority of the planet would be in darkness as we would struggle to manage electricity supplies, etc.
Poor Joanne.
