4 ms·
> > I doubt any amount of benefits and socialism can solve this problem. This > Most EU countries are higher up the list How do you know you can trust that l
by csdvrx 4y ago
> > I doubt any amount of benefits and socialism can solve this problem.
This
> Most EU countries are higher up the list
How do you know you can trust that list?
When you look at both the average and the median income, even adjusting for PPP, IIRC the poorest US state is richer than the richest EU country, which says a whole lot about "the degree of poverty in EU".
Of course, Europeans don't like that so they try to tweak the rankings by doing various adjustments for happiness, or insisting on healthcare stuff (etc.) and how they have many transfer payments.
The europoors doth protest too much, methinks :)
- WealthVsSurvive 4y agoForest, meet trees: my numbers are higher, so all the things humans find important that are the very foundation of the number being important don't matter.
- fxtentacle 4y agoActually, the median income per person is higher in most of the EU than it is in the US. No tweaking needed.
- csdvrx 4y ago> Actually, the median income per person is higher in most of the EU That's factually wrong, cf https://en.wikipedia.org/wiki/Median_income https://en.wikipedia.org/wiki/Median_income But I also learned today that my simple assumption was now wrong. So congratulations to Luxembourg, for being part of the EU yet not as poor as the rest!
- oyashirochama 4y agoWith higher cost of living, taxes and less job opportunity and an economy that isn't recovering. The US with all its flaws really depends on where and how you look at it from, especially with the rise of work at home allowing more fluid movement to much lower cost areas compared to the cheapest areas of EU zone.
- mrep 4y agoUS is #2, only behind Luxembourg: https://en.wikipedia.org/wiki/Median_income https://en.wikipedia.org/wiki/Median_income
- csdvrx 4y agoThen I guess it has changed? Congrats to the smallest and richest EU country, for no longer being poorer than us!
- fxtentacle 4y agoI was looking at wealth, not income, sorry. Can't edit anymore. Then US is 26th https://en.m.wikipedia.org/wiki/List_of_countries_by_wealth_per_adult#By_country https://en.m.wikipedia.org/wiki/List_of_countries_by_wealth_...