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I guess the distinction is that the US is a single country? Also, it seems there is a notable body of work out detailing the shortcomings of the US economy. At
by copenja 9y ago
I guess the distinction is that the US is a single country?
Also, it seems there is a notable body of work out detailing the shortcomings of the US economy. At least in the US, it is thoroughly documented.
Maybe, because the general consensus is that the US is doing so poorly, this piece meant as a simple reminder to Americans that we are not completely doomed.
- brownbat 9y agoA bit of googling and it's really unsatisfying to try to get a clear answer to this question. I think you're right the US "wins," just... that may not mean anything. One might argue the country distinction is a bit arbitrary and look for regions with the highest per capita GDP. It looks like Washington, D.C., USA dominates that list. Then the Eastern Province in Saudi Arabia, then the Canton of Zurich.[0] That top 20 contains 7 US regions ("political subdivisions"). Also in the top 20: Denmark, Sweden, Germany, Ireland, and France for the EU. Schengen members Norway and Switzerland would bring it up to seven. I don't know if we're comparing "Europe" or pretending that Norway and Switzerland are radically distinct from the rest of Europe by historical accident. Yet if we go that far then maybe Canada earns a point to the US. Another odd thing, DC's incredibly high per capita GDP is odd, the area doesn't feel particularly rich. Home prices reflect it, I guess. But many places in California seem nicer. Hell, many places in Ohio seem nicer. I have a sneaking suspicion the numbers are skewed by lobbyists or businesses supporting government that don't impact the local area as directly. Or commuters who really live (and spend) in other areas. It's like saying Delaware is full of companies. Well, on paper, yeah... but it's not some bustling Trantor where corporate skyscrapers block out the sun. Maybe we should be comparing median regions? Or judge governments by how well off their worst regions are? Would you rather visit the rural south or in the Balkans? Where would you rather live for a year or two? I'm skeptical about comparing such sprawling areas, I'm not sure it tells us much about the world. On the other hand I'm not going to be offended if someone refers to a region as the wealthiest in the world as a rhetorical device, they were just endorsing an economic history about the US, they're going to say it's important, which seems at the very least worth granting for the sake of argument. [0] https://en.wikipedia.org/wiki/List_of_country_subdivisions_by_GDP_over_100_billion_US_dollars https://en.wikipedia.org/wiki/List_of_country_subdivisions_b...