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But wealthy people DO have access to better internet (speed and quantity) and have more leisure time to enjoy media. Also you can do other neat things, like pay
by ShannonAlther 9y ago
But wealthy people DO have access to better internet (speed and quantity) and have more leisure time to enjoy media. Also you can do other neat things, like pay for your childrens' education. THAT is a list that goes on for a while.
And the statistically average American is barely treading water. I realize that the average European is better off, but that's not relevant to America right now.
- jdietrich 9y agoAgain, it's mostly public policy. I can get unmetered 100Mb/s broadband for $42 a month, because the broadband market in my country is competitive and well-regulated. Paying for your childrens' education is a completely alien concept in many countries, because public primary and secondary education is uniformly excellent and university is state-funded for all. Financially, the average European is a fair bit worse off than the average American. Gross median household incomes in Germany are about 25% lower than in the US; America has the sixth highest median household income in the world. GDP per capita tells a similar story. This simply isn't a question of money. Americans don't need to get rich, they need to vote for someone who gives a damn.
- CourtyardHound 9y agoHave a look at this article to get a better understanding what a 25% lower gross median household income actually means: http://www.nakedcapitalism.com/2017/05/role-social-security-wealth-head-head-comparison-germany-us.html http://www.nakedcapitalism.com/2017/05/role-social-security-...
- jriot 9y agoPeople with wealth don't have more leisure time because from my experience all their time is spent working to ensure their wealth doesn't dissipate. Furthermore, once you reach a level a certain level of wealth then you want more power.