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Am I reading this wrong, or is he actually using raw income and GDP per capita as data without taking the price of life into account ? I am not even discussing

by nolok 16y ago

Am I reading this wrong, or is he actually using raw income and GDP per capita as data without taking the price of life into account ? I am not even discussing whether he's right or wrong, I just don't think it matters at all if you earn ten times more, when everything could cost 20 times more ... Also, it seems like the author doesn't like the smaller gap between the various "classes" in europe, I couldn't disagree more. When the rich earn obscenely bigger amount of money than the poor, THEN you have a problem because they don't have any idea how the "little people" life is.

yummyfajitas 16y ago
...without taking the price of life into account ? You are reading it wrong. From the article: I have adjusted the figures for inflation and PPP based on OECD data. There are inaccuracies which he points out, but failure to adjust for the price of life is not one of them. However, if he did make that error, it would only make the results more dramatic. Many EU nations, the Scandinavian ones in particular, are more expensive than the US.
allwein 16y ago
No, you read it correctly. This article and analysis is extremely flawed. My biggest complaint is that he ignores both taxes and benefits, which ties right into your concept of the "price of life". Sure, the middle class in Sweden might only make half of what they do in the US, but they're not going to be completely economically destroyed by the cost of health insurance or the lack of health insurance. I'd happily take a 50% cut in pay if I could have the level of social services and guarantees that Europe seems to provide.
- deleted 16y ago
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- dazzawazza 16y ago
  Be careful what you wish for.... we have death panels over here that kill babies all the time.... oh no hang on, we don't, we have greater life expectancy at lower cost.
- abrown28 16y ago
  I would be happy if everyone in the US that felt this way would move to one of the 20 or so countries that offer this instead of trying to bring it here. I would rather live in a country where 0% of my pay is taken for services I don't use but I don't really have that option. You can move to your dream country I can't so please do so.

by nolok 16y ago

yummyfajitas 16y ago

...without taking the price of life into account ? You are reading it wrong. From the article: I have adjusted the figures for inflation and PPP based on OECD data. There are inaccuracies which he points out, but failure to adjust for the price of life is not one of them. However, if he did make that error, it would only make the results more dramatic. Many EU nations, the Scandinavian ones in particular, are more expensive than the US.

allwein 16y ago

No, you read it correctly. This article and analysis is extremely flawed. My biggest complaint is that he ignores both taxes and benefits, which ties right into your concept of the "price of life". Sure, the middle class in Sweden might only make half of what they do in the US, but they're not going to be completely economically destroyed by the cost of health insurance or the lack of health insurance. I'd happily take a 50% cut in pay if I could have the level of social services and guarantees that Europe seems to provide.

deleted 16y ago
[deleted]
dazzawazza 16y ago
Be careful what you wish for.... we have death panels over here that kill babies all the time.... oh no hang on, we don't, we have greater life expectancy at lower cost.
abrown28 16y ago
I would be happy if everyone in the US that felt this way would move to one of the 20 or so countries that offer this instead of trying to bring it here. I would rather live in a country where 0% of my pay is taken for services I don't use but I don't really have that option. You can move to your dream country I can't so please do so.