3 ms·
The US isn't homogenous either. DC, Massachusetts, New York, California, Alaska, and Washington have much higher GDPs per capita than other states / provinces.
by ummonk 7y ago
The US isn't homogenous either. DC, Massachusetts, New York, California, Alaska, and Washington have much higher GDPs per capita than other states / provinces.
- standardUser 7y agoThe US is a nation state, the European Union is not. Comparing the two should only be done with a truckload of caveats to begin with. If anything, compare the Eurozone to the US.
- ummonk 7y agoWith visa-free travel, common regulations, etc., the European Union is certainly starting to approach the United States (notice the plural in "States"?) in developing a similar federal structure.
- gknoy 7y agoBrexit shows that there's still a major difference: member states can elect to leave. Economic penalties etc follow, and political fallout, but here in the US we fought a major war to demonstrate that states are _not_ allowed to secede from the union. (As much as many blue states might wish they could ...)
- VWWHFSfQ 7y agoThere are only two states in USA that could secede and not feel crippling economic impact. Texas and California. One Blue, one Red
- oecdnerd 7y agoUsing the OECD numbers[1]: (USGDPPC - EurozoneGDPPC) / AVERAGE(USGDPPC, EurozoneGDPPC) = 0.283 Roughly speaking, you could write this as "The GDP per capita of the Eurozone is 28.3% lower than the US". [1] https://stats.oecd.org/Index.aspx?DataSetCode=PDB_LV https://stats.oecd.org/Index.aspx?DataSetCode=PDB_LV