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Australia has too few people and is behind Texas economically. So what does population have to do with it? I thought we're talking about economic strength. Al
by froo 18y ago
Australia has too few people and is behind Texas economically.
So what does population have to do with it? I thought we're talking about economic strength.
Also way to compare apples to oranges eg the whole of a country to the 2nd highest producing state of the United states.
If we were to make this assumption true, then we would have to compare apples to apples, 2nd highest producing state to 2nd highest producing state (based on a per capita basis)... in which case Western Australia would beat Texas hands down. (nearly $61k USD per person compared to about $41k USD per person)
So while the biggest topic of discussion with the American's seems to be just the financial crisis, Australia is experiencing a weird dichotomy, financial crisis and resource-driven economic boom at the same time.