2 ms·
They're completely different metrics. If you want to compare median income: UK - $49,500 (https://www.ons.gov.uk/peoplepopulationandcommunity/personalandhouseh
by cwbuilds 2mo ago
They're completely different metrics. If you want to compare median income:
UK - $49,500 (https://www.ons.gov.uk/peoplepopulationandcommunity/personalandhouseholdfinances/incomeandwealth https://www.ons.gov.uk/peoplepopulationandcommunity/personal...)
US - $83,750 (https://fred.stlouisfed.org/series/MEHOINUSA672N https://fred.stlouisfed.org/series/MEHOINUSA672N)
I'm struggling to understand what you're trying to prove other than that you don't understand statistics.
- alistairSH 2mo agoPoint is the median person earns about the same as the mean disposable income. So the mean disposable income isn’t telling us too much about the quality of life, or financial state, of a typical American. From what I’m seeing, it’s just reflective of our increasing income disparity. Taken to an absurd degree… the mean of my income and Jeff Bezos’ income tells is nothing about my income beyond “much less than Jeff”.
- cwbuilds 2mo agoOkay, well the ratio of mean disposable income for the US to the UK is 1.59:1, while the ratio of median income is 1.69:1 So your preferred metric for quality of life actually shows a greater disparity between the two countries..