GDP PPP per capita minus the top 10% (user search)
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  GDP PPP per capita minus the top 10% (search mode)
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Author Topic: GDP PPP per capita minus the top 10%  (Read 4945 times)
Gustaf
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Political Matrix
E: 0.39, S: -0.70

« on: April 29, 2009, 07:03:30 AM »

Correct.  Productivity or per hour GDP and thus standard of living is much lower in the US than in Western Europe.



No, that is incorrect. Productivity in Western Europe and the United States is roughly similar, but American prioritize money over leisure time (and to some extent freedom over equality).

American GDP per capita is more like 47 000 USD with most Western European countries ranging from 30 000 to 40 000.
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Gustaf
Moderators
Atlas Star
*****
Posts: 29,781


Political Matrix
E: 0.39, S: -0.70

« Reply #1 on: April 29, 2009, 07:15:16 AM »

Anyway, according to Wikipedia, the median income in the United States is 48 000 USD, so pretty much the same as average GDP.

The UK is at 39 000. Switzerland is at 55 000. Internal differences within American states are considerable.

But Opebo tends to ignore facts that falsifies his prejudices.
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