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I can't prove this but I suspect this comparison is reflecting the relative price of goods and services which is a hyper-competitive market in the USA. Other d
by lebuffon 5y ago
I can't prove this but I suspect this comparison is reflecting the relative price of goods and services which is a hyper-competitive market in the USA.
Other differences between the USA 20th percentile group and the Euro 50th percentile group is that one of them has healthcare and a longer lifespan.
- moonchrome 5y agoEurope has far greater inequality between countries than US between states. People talk about EU/Europe but they mean developed/rich Europe, they gloss over that poor parts are way worse than underdeveloped parts of US. For all that egalitarianism and social policies they sure like to use cheap labor from underdeveloped countries and box them out of their systems for years/exclude from residential markets with rent contract requirements.
- FredPret 5y agoPeople who compare the entire US to Sweden and Finland never think to compare Mississippi to Albania.
- CRConrad 5y agoShit is looking up in backwards south-east Europe, too. Perhaps not all that much and all that fast, but still, the direction and speed seems better than the poorer bits of the US. So how much worse off than Mississippi is Albania really today?
- FredPret 5y agoThat’s wonderful for Albania et al, more prosperity is always a good thing. My point is just that people should compare apples to apples, especially with US vs Europe, or US vs city states/tiny countries like New Zealand