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Only 6 European countries have a higher GDP than the US's poorest state, and none are close to the US GDP. And the US GDP has grown significantly faster than E
by merpnderp 11y ago
Only 6 European countries have a higher GDP than the US's poorest state, and none are close to the US GDP. And the US GDP has grown significantly faster than Europe's since the 1980's.
I don't consider my state that rich, but we're 4 places above Germany.
https://www.aei.org/publication/us-gdp-per-capita-by-state-vs-european-countries-and-japan-korea-mexico-and-china-and-some-lessons-for-the-donald/ https://www.aei.org/publication/us-gdp-per-capita-by-state-v...
- Mikeb85 11y agoGDP divided by # of people doesn't accurately reflect quality of life... Especially when a good portion of GDP is derived from resources, and not necessarily spread to the population. There's plenty of indexes that offer better insight. http://www.numbeo.com/quality-of-life/rankings_by_country.jsp http://www.numbeo.com/quality-of-life/rankings_by_country.js... https://www.economist.com/media/pdf/QUALITY_OF_LIFE.pdf https://www.economist.com/media/pdf/QUALITY_OF_LIFE.pdf http://www.huffingtonpost.co.uk/2015/11/04/these-countries-have-the-best-quality-of-life_n_8470292.html http://www.huffingtonpost.co.uk/2015/11/04/these-countries-h... Even indexes that do rate the US highly, generally weight income highly. In life expectancy, health, education, and metrics which don't take into account income, the US doesn't do great.