3 ms·
> It makes absolutely no sense to claim that a country has a well-functioning society if it happens to have a hand full of ultra-rich billionaires while the who
by barry-cotter 6y ago
> It makes absolutely no sense to claim that a country has a well-functioning society if it happens to have a hand full of ultra-rich billionaires while the whole population suffers to barely make ends meet, let alone have a shot at a decent life.
The US is much, much richer than any remotely comparable entity. Americans do not live the lives of grinding poverty you imagine. The only country or region that consumes more per household is Hong Kong[1]. A comfortable life in the US is available to much, much more of the population than STEM graduates as well.
[1] https://en.wikipedia.org/wiki/List_of_countries_by_household_final_consumption_expenditure_per_capita https://en.wikipedia.org/wiki/List_of_countries_by_household...
- rualca 6y ago> The US is much, much richer than any remotely comparable entity. The US is 5th in the ranking of median income adjusted to PPP. https://en.m.wikipedia.org/wiki/Median_income https://en.m.wikipedia.org/wiki/Median_income > Americans do not live the lives of grinding poverty you imagine. Some people in the US might live well-off, but more than 10% of its population struggles below the official poverty rate. https://www.census.gov/library/publications/2020/demo/p60-270.html https://www.census.gov/library/publications/2020/demo/p60-27... Over 40% of the US population isn't even capable of supporting an emergency 400$ expense. https://abcnews.go.com/US/10-americans-struggle-cover-400-emergency-expense-federal/story?id=63253846 https://abcnews.go.com/US/10-americans-struggle-cover-400-em... I suggest you try to take a look outside your bubble to learn how a high percentage of the US population struggles with poverty on a good day.