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> As far as know the amount of poor people in the usa is also way higher than in Europe. If we take that into account i'd say that Europe is doing just fine. C
by jganetsk 3y ago
> As far as know the amount of poor people in the usa is also way higher than in Europe. If we take that into account i'd say that Europe is doing just fine.
Citation needed. No, Europe is not doing just fine. https://www.noahpinion.blog/p/americans-are-generally-richer-than https://www.noahpinion.blog/p/americans-are-generally-richer...
- madsbuch 3y agothis is a strawman. you can't eat gdp per capita for dinner. yes, US people produce more waetlh for rich people. but they don't take home that wealth. try to find some statistics around spending power https://x.com/dima_heyqq/status/1758508340953448525?s=48&t=HFpDVya9Og6vdtYVsrbSrg https://x.com/dima_heyqq/status/1758508340953448525?s=48&t=H...
- fiestaman 3y agoFrom your link: Singapore – 7922 $ / month Qatar 5628 UAE – 5585 Kuwait – 5250 Switzerland – 5232 Denmark – 4894 Germany – 4667 Austria – 4484 Saudi Arabia – 4419 South Korea – 4076 USA – 4066 Canada - 4026 Sweden – 3666 France – 3556 Hong Kong – 3219 Spain – 3148 UK – 3127 Finland – 2827 Israel – 2770 Poland – 2753 Portugal – 2220 Russia – 2159 China – 1823 (urban non-private) 1053 (urban private) Thailand – 1769 Indonesia – 1051
- jganetsk 3y agoThat's all included in the article, which admittedly is behind a paywall. He goes into great detail, including purchasing power parity, means vs medians, etc. And the conclusion is the US generates more wealth for the middle class than Europe does.
- pokerface_86 3y ago[dead]