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>I think differences in cost of living and social benefits do not fully explain it, popular as that line of reasoning may be. They don't, period. At $45,284 th
by TMWNN 5y ago
>I think differences in cost of living and social benefits do not fully explain it, popular as that line of reasoning may be.
They don't, period. At $45,284 the US has the highest household net disposable income per capita in the OECD (<http://www.oecdbetterlifeindex.org/countries/united-states/ http://www.oecdbetterlifeindex.org/countries/united-states/>), where "disposable income" (<http://stats.oecd.org/glossary/detail.asp?ID=46 http://stats.oecd.org/glossary/detail.asp?ID=46>) accounts for healthcare and government benefits.
- admissionsguy 5y agoNot to mention that most goods cost 20-30% more in Europe. The USA is a significantly wealthier country than even the "rich" Western European ones.