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Average is really skewed though, because the top end is very very high and the more important metric would be net income, not gross income (which PPP does not a
by no_wizard 2y ago
Average is really skewed though, because the top end is very very high and the more important metric would be net income, not gross income (which PPP does not account for)
If you look at net disposable income, the US is ranked 33rd[0]
[0]: https://data-explorer.oecd.org/vis?tm=income%20distribution&pg=0&snb=13&vw=tb&df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_HSL%40DF_HSL_CWB&df[ag]=OECD.WISE.WDP&df[vs]=1.0&pd=%2C&dq=.1_1.USD_PPP_PS._T._T._T.HSL_1&ly[cl]=TIME_PERIOD&ly[rw]=REF_AREA&to[TIME_PERIOD]=false&lb=nm https://data-explorer.oecd.org/vis?tm=income%20distribution&...
- harimau777 2y agoAm I reading the data that you linked wrong? It looks to me like US is highest on the chart with $52400. What am I missing?
- hollerith 2y agoI agree with your reading.
- cscurmudgeon 2y agoYou are correct. US is 33rd alphabetically and first by the disposable income. What I find amazing is you have to really count the rows to get that US is 33rd (alphabetically) as the rows are unnumbered. OP did that and didn't realize the rows are sorted alphabetically.
- twoodfin 2y agoI’m trying to understand how that link supports your claim but utterly failing. For net disposable income the US even laps small, rich Luxembourg.
- cscurmudgeon 2y agoYou do realize that US is ranked first in the list . It is the 33rd alphabetically!! Thanks for proving my point :) [0] https://data-explorer.oecd.org/vis?tm=income%20distribution&pg=0&snb=13&vw=tb&df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_HSL%40DF_HSL_CWB&df[ag]=OECD.WISE.WDP&df[vs]=1.0&pd=%2C&dq=.1_1.USD_PPP_PS._T._T._T.HSL_1&ly[cl]=TIME_PERIOD&ly[rw]=REF_AREA&to[TIME_PERIOD]=false&lb=nm https://data-explorer.oecd.org/vis?tm=income%20distribution&...
- no_wizard 2y agoIn case anyone comes along this. I linked the wrong chart :/ So egg on my face! I meant to link elsewhere but can’t find it again. This again shows the average and not the median, which was not my intention.