3 ms·
Can you provide a citation for this claim? I see a report from the Quarterly Journal of Economics that says: "The bottom half makes more in France than in the
by take_a_breath 7y ago
Can you provide a citation for this claim?
I see a report from the Quarterly Journal of Economics that says: "The bottom half makes more in France than in the United States today, even though average income per adult is 35% lower in France (partly due to differences in standard working hours in the two countries)." [1]
If you look at people "with disposable income between 66 percent and 200 percent of the country’s median income", France has a larger percentage of citizens in that middle class. [2]
France spends less than half of the US per capita on healthcare and has a longer life expectancy. [3]
[1] https://academic.oup.com/qje/article/133/2/553/4430651 https://academic.oup.com/qje/article/133/2/553/4430651
[2] https://www.citylab.com/life/2017/04/euro-vs-american-middle-class/524193/ https://www.citylab.com/life/2017/04/euro-vs-american-middle...
[3] https://www.healthsystemtracker.org/chart-collection/health-spending-u-s-compare-countries/#item-average-wealthy-countries-spend-half-much-per-person-health-u-s-spends https://www.healthsystemtracker.org/chart-collection/health-...