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The EU has a higher quality of life. The US has a higher standard of living. Quality of life and standard of living are only loosely correlated.
by jandrewrogers 4y ago
The EU has a higher quality of life. The US has a higher standard of living. Quality of life and standard of living are only loosely correlated.
- camgunz 4y agoThe EU has both a higher quality of life and standard of living. Here's Investopedia's list of stuff [0] you'd measure for standard of living (FWIW it also mentions HDI as a good measure of standard of living, which the EU generally beats the US at, especially IHDI): - Life expectancy - Inflation rate - Number of paid vacation days - Class disparity - Poverty rate - Quality and affordability of housing - Hours of work required to purchase necessities - GDP - Affordable access to quality healthcare - Quality and availability of education - Incidence of disease - Infrastructure - National economic growth - Economic and political stability - Political and religious freedom - Environmental quality - Climate - Safety Generally other than the GDP/economic growth points, the EU beats the US. [0]: https://www.investopedia.com/articles/financial-theory/08/standard-of-living-quality-of-life.asp https://www.investopedia.com/articles/financial-theory/08/st...