3 ms·
GDP per capita is lower, but household wealth is higher and when you add in all the benefits received (e.g. healthcare, pensions) you would get a pretty big dif
by rsj_hn 5y ago
GDP per capita is lower, but household wealth is higher and when you add in all the benefits received (e.g. healthcare, pensions) you would get a pretty big difference between median household wealth in most of Western Europe and median HH wealth in the U.S., with western europe holding the advantage.
Comparing Europe and the U.S. is a complex business, and I find myself offending cheerleaders on both sides.