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So the entire EU economy grew at the same speed than the US one but not its 500 bigger companies. This is misleading. The article says the poorer (former commu
by aapl88888 5y ago
So the entire EU economy grew at the same speed than the US one but not its 500 bigger companies.
This is misleading. The article says the poorer (former communist) eastern European countries got richer, which brought up the average.
- j_wtf_all_taken 5y agoOk. So lets look at the US on a state level - some got terribly rich, some suffer terribly?
- aapl88888 5y agoWhich US part suffered terribly?
- j_wtf_all_taken 5y agoKansas
- mpweiher 5y agoHow is this "misleading"? We want the poorer countries to get richer faster in order to close the gap. Accomplishing precisely this is a large part of EU policy. And it is working.
- aapl88888 5y agoIf the US had its eastern part communist, it too would have a higher average GDP from decades ago. It is basic economics.
- mpweiher 5y agoGDP per capita in the US ranges from $200k (DC) to $38K (MI). https://en.wikipedia.org/wiki/List_of_states_and_territories_of_the_United_States_by_GDP https://en.wikipedia.org/wiki/List_of_states_and_territories... Lots of ways to catch up there as well. And that doesn't change the fact that that is the actual data, nothing "misleading" about it.