The only actual fact is that the bottom 20% of American residents spend as much as some developed EU national averages. But then the whole swathe of conclusion

The only actual fact is that the bottom 20% of American residents spend as much as some developed EU national averages. But then the whole swathe of conclusions are pure ignorance. If I were to compare my $20 purchasing power in rural Pennsylvania vs the the same $20 in London, I would get more in London. It's really not the same. There are a lot of services that compound to create a lot of cost for people, that don't exist in many other places. And then there's the failure to recognize the status of USD, that makes this comparison wholly irrelevant. Donald Trump starts a trade war and the result is 5% rise in value of USD against multiple currencies.