Netyaroze said:
SamuelRSmith said:
yo_john117 said:
Wow most European countries are below the US...
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Yep, exactly. You lucky Americans tend to make 12,000 more international dollars a year than us Brits.... and I don't think PPP factors in tax rates, so a higher percentage of our money also gets taken away.
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Not that easy. First the fact that the US has A few super rich Billionaires (400 guys are richer then the first half of USA combined) Meaning 400 people have more money then 150 Million Americans together!
Makes this capita thing relative also the International Dollar = 1 Dollar and the calculations how much an International Dollar is for every country depends on complex calculations and in the end the result is debatable. Those listings have no real value what so ever without the 400 richest americans the USA would plumet to the upper middle of the list. Or does every american get 47000 a year. from babies to 90 year olds everyone makes 47000 ? Those lists are worthless and I cant say anything with this figure except that the USA makes a ton of money only thing is who actually has the money ?
How the wealth is spread over the inhabitants thats important. I dont think Europeans have much too moan about when it comes to prices my experience says americans are either drowning in money or have a poor lifestandard. I mean 3 fucking jobs just to live a regular life wtf ? I would shoot myself
To OP bad offer 300 Bucks more and you get a 50 inch Panasonic 3D. |
Europe has the super wealthy, as well, and the super-poor. In the UK, 1/5th of the population live in social housing. Yes, the gini coefficient suggests that the USA has a greater gap between rich and poor than Europe, but it misses out on one very important piece of the pie, and that's who comprises those rich and poor.
Poor households in the USA tend to be those who are fresh migrants, and young workers. The richest Americans tend to be those who have been working for 30-40 years. Americans, often-times, start out poor, and get rich as they progress through their careers. If you were to look at the typical poor household in, say, the 1970s, and then look at that family again today, you'll notice that it probably wouldn't be a "poor" household, anymore. Yes, you have the super-wealthy, but as long as they get their wealth legitimately (that is, without Government handouts), they should be applauded, not despised.
The situation in Europe is slightly different, people don't start out as poor, but they also don't become as rich. This explains both the PPP data which I posted above, the gini data which you were alluding to.
But, you're right, PPP isn't perfect, but it's pretty much the best means of measurement that we have. The gini tells us very little about standard of living.