2 ms·

I guess they're talking about GDP per capita? The UK's GDP per capita was ~$42,000 in 2019, which was lower than all the US states + DC, except for Mississippi

I guess they're talking about GDP per capita? The UK's GDP per capita was ~$42,000 in 2019, which was lower than all the US states + DC, except for Mississippi according to [0]. It's pretty misleading to frame this as though the UK is drastically lower than any other comparable countries though. The UK's GDP per capita is similar to Canada, France, Israel, Japan. And that doesn't even get into whether GDP is actually a realistic measure of how "poor" a country's people are (c.f: Ireland, which has a much higher GDP per capita than the US, but similar material conditions to the UK). 0: https://en.wikipedia.org/wiki/List_of_U.S._states_and_territories_by_GDP_per_capita#Current https://en.wikipedia.org/wiki/List_of_U.S._states_and_territ...

orwin 5y ago
Public services are not calculated in GDP. If a city in a nutshell pays a gardener 2500$/month as their only expense, it will count as 2500 in GDP. But if they choose to instead pay a company 3000$ a month, and that company employ the same garderner 2500$ a month, the GDP will raise to 5500. If this city was in the EU and followed silly rules like "only borrow up to X% of your GDP", effectively firing all public servants and paying companies to do their job could increase significantly the GDP and allow this city to borrow more. But is the generated value greater? GDP is a silly metric anyway. GDP(PPP) is ightly better, and IDHI is imo the best way to chose a country you want to immigrate to for your children.