3 ms·

No, they earn substantially more than in America, which is exactly the opposite of what OP is proposing.

bhupy 6y ago
No, they do not. Norway is the only Nordic country that has a higher median adult income, and it's not by a whole lot. https://en.wikipedia.org/wiki/Disposable_household_and_per_capita_income#Median https://en.wikipedia.org/wiki/Disposable_household_and_per_c... These numbers are after taxes and transfers, so they encode all of the welfare programs in the respective countries.
- cambalache 6y ago
  I was talking about minimum-wage earners, the difference is day and night. So,yes they do.
  - bhupy 6y ago
    You'll have to provide some citations. Here's one study, reviewed jointly by Dr. Henrique Schneider, professor of economics at Nordakademie University in Germany and the chief economist of the Swiss Federation of Small and Medium-Sized Enterprises: https://fee.org/articles/the-poorest-20-of-americans-are-richer-than-most-nations-of-europe/ https://fee.org/articles/the-poorest-20-of-americans-are-ric... In the US, we have welfare programs that target the poor (yes, some slip through the cracks unfortunately). Once you account for all taxes, transfers, and non-welfare benefits, the poorest 20% are on average richer than most European nations. This is measured by looking at annual per capita consumption among the bottom 20%.
    - cambalache 6y ago
      The article you provided are from the same people who deny global warming(The Heartland Institute). Dr. Henrique Schneider is a conservative Austrian (as in the school) economist with loony ideas about science: https://ecaef.org/the-anthropocene-fallacy-learning-from-wrong-ideas/ https://ecaef.org/the-anthropocene-fallacy-learning-from-wro... So allow me to be quite skeptic about the quality and validity of his "research"
      - bhupy 6y ago
        Presented without comment: http://www.paulgraham.com/disagree.html http://www.paulgraham.com/disagree.html

No, they do not. Norway is the only Nordic country that has a higher median adult income, and it's not by a whole lot. https://en.wikipedia.org/wiki/Disposable_household_and_per_capita_income#Median https://en.wikipedia.org/wiki/Disposable_household_and_per_c... These numbers are after taxes and transfers, so they encode all of the welfare programs in the respective countries.

cambalache 6y ago
I was talking about minimum-wage earners, the difference is day and night. So,yes they do.
- bhupy 6y ago
  You'll have to provide some citations. Here's one study, reviewed jointly by Dr. Henrique Schneider, professor of economics at Nordakademie University in Germany and the chief economist of the Swiss Federation of Small and Medium-Sized Enterprises: https://fee.org/articles/the-poorest-20-of-americans-are-richer-than-most-nations-of-europe/ https://fee.org/articles/the-poorest-20-of-americans-are-ric... In the US, we have welfare programs that target the poor (yes, some slip through the cracks unfortunately). Once you account for all taxes, transfers, and non-welfare benefits, the poorest 20% are on average richer than most European nations. This is measured by looking at annual per capita consumption among the bottom 20%.
  - cambalache 6y ago
    The article you provided are from the same people who deny global warming(The Heartland Institute). Dr. Henrique Schneider is a conservative Austrian (as in the school) economist with loony ideas about science: https://ecaef.org/the-anthropocene-fallacy-learning-from-wrong-ideas/ https://ecaef.org/the-anthropocene-fallacy-learning-from-wro... So allow me to be quite skeptic about the quality and validity of his "research"
    - bhupy 6y ago
      Presented without comment: http://www.paulgraham.com/disagree.html http://www.paulgraham.com/disagree.html