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The poverty rate in US is ~14%, that's tens of millions of Americans living in poverty. Comparing incomes directly doesn't help, how much can $5k buy you in Chi

The poverty rate in US is ~14%, that's tens of millions of Americans living in poverty. Comparing incomes directly doesn't help, how much can $5k buy you in China vs how much can the poverty level income buy you in US?

Consultant32452 4y ago
Okay, let's assume there's total economic equality between Americans and Chinese. In China if you're the wrong religion they put your men in prison camps and assign a rapist to sleep in bed with your women and indoctrinate them into the communist party. If you are in prison, China will murder you and sell your organs. In China the labor conditions are so bad they have to install "suicide nets" in factories because so many people try to jump out of windows or off roofs to kill themselves. America has MANY warts, but there's really no comparison.
- pastacacioepepe 4y ago
  It's pointless to get into a competition for who's worst. I disagree at least partially on each one of your points and could reply with something equally bad or worse that's happening right now in the US, but I won't as we're talking about economics, not unsourced genocide claims.
  - arroz 4y ago
    China is rich North Korea. Even if China were much richer than the US, it would be better to live in the US.
    - trasz 4y ago
      >China is rich North Korea And US is Russia with better PR? :-D
refurb 4y ago
You're not arguing that poverty in the US is comparable to poverty in China are you?
- pastacacioepepe 4y ago
  You're not bombing me with uninteresting rethorical questions are you?
thematrixturtle 4y ago
The Per capita income of the United States is 5.78 and 3.61 times higher than that of China in nominal and PPP terms, respectively. So the answer is that even in purchasing power parity terms, the average American is 4x richer.
- pastacacioepepe 4y ago
  Except that in the US it just takes some health issue to put you in debt for years/life. Or that to exist in the US you are required to buy a car and so on, since it has a third world public transportation system. The pont being that you can still have somewhat higher life standards with less purchasing power but a stronger social state.
  - refurb 4y ago
    Except if you’re one of the 60% rural farmers who have access to only the most basic medical care and limited local public transit. Not everyone lives in Shanghai or Beijing you know.
    - pastacacioepepe 4y ago
      Like not everyone lives in Los Angeles or Washington you know. There's cities like Detroit, there's cities without drinkable water, there's countless trailer parks.

Consultant32452 4y ago

Okay, let's assume there's total economic equality between Americans and Chinese. In China if you're the wrong religion they put your men in prison camps and assign a rapist to sleep in bed with your women and indoctrinate them into the communist party. If you are in prison, China will murder you and sell your organs. In China the labor conditions are so bad they have to install "suicide nets" in factories because so many people try to jump out of windows or off roofs to kill themselves. America has MANY warts, but there's really no comparison.

pastacacioepepe 4y ago
It's pointless to get into a competition for who's worst. I disagree at least partially on each one of your points and could reply with something equally bad or worse that's happening right now in the US, but I won't as we're talking about economics, not unsourced genocide claims.
- arroz 4y ago
  China is rich North Korea. Even if China were much richer than the US, it would be better to live in the US.
  - trasz 4y ago
    >China is rich North Korea And US is Russia with better PR? :-D

refurb 4y ago

You're not arguing that poverty in the US is comparable to poverty in China are you?

pastacacioepepe 4y ago
You're not bombing me with uninteresting rethorical questions are you?

thematrixturtle 4y ago

The Per capita income of the United States is 5.78 and 3.61 times higher than that of China in nominal and PPP terms, respectively. So the answer is that even in purchasing power parity terms, the average American is 4x richer.

pastacacioepepe 4y ago
Except that in the US it just takes some health issue to put you in debt for years/life. Or that to exist in the US you are required to buy a car and so on, since it has a third world public transportation system. The pont being that you can still have somewhat higher life standards with less purchasing power but a stronger social state.
- refurb 4y ago
  Except if you’re one of the 60% rural farmers who have access to only the most basic medical care and limited local public transit. Not everyone lives in Shanghai or Beijing you know.
  - pastacacioepepe 4y ago
    Like not everyone lives in Los Angeles or Washington you know. There's cities like Detroit, there's cities without drinkable water, there's countless trailer parks.