31–40 of 110 posts
You wouldn't see these scenes in even the most deprived corners of Newcastle-upon-Tyne or the Rhondda Valley. The crowds the event attracts! This is what a developing country looks like.
So given this information as well as the UN report on US and the fact that the US is in poverty like conditions [1] I think it’s safe to say everyone is broke. This post from reddit on /r/funny isn’t funny - it is the truth [2] [1] https://www.ohchr.org/EN/NewsEvents/Pages/DisplayNews.aspx?N... [2] https://www.reddit.com/r/funny/comments/9fq5e4/the_simpsons_...
GDP per capita per hour worked is a better metric to use when comparing countries. Most Western European countries have fewer hours worked per worker, but when they work have the same productivity. I'm not sure about the gini coefficient, but both of the numbers given seem low. The US's was over 0.42 from what I've read in other sources.
> GDP per capita per hour worked is a better metric to use when comparing countries. Comparing what? Wealth? Efficiency? Happiness? Athleticism? If you are comparing economic well-being, use GDP per capita. If you worked one hour today and $100 or eight hours and got $100, either way your richness/poorness is $100. If you are comparing efficiency or something, do the per hour thing.
Ie, in your one hour vs eight hour example; CountryA on average works much much less, but has the same GDP as CountryB. This would seem like a very meaningful metric for the success of the country, one that GDP would obscure entirely.
Though perhaps hours work plays into one of the other quality of life style metrics, in which case perhaps it's already covered.
I don't know any of this stuff, just commenting as a spectator :)
"In the US food is generally cheaper than it is in Europe, medical care generally more expensive." I'm not sure when medical care is cheaper in the US. Within the VA system, maybe? Also, the ranking does not stack up against wikipedia figures: https://en.wikipedia.org/wiki/List_of_U.S._states_by_GDP_per... https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)... (Where PPP is already accounted for, so this guy…
You literally just quoted the article saying it's more expensive in the US.
> In the US ... medical care generally more expensive
How do other European countries compare?
Off topic: What is this form of title when they add stuff like "Yes, Even Mississippi" which doesn't add any value? Is there a term for it?
Quite a lot friends went to Europe travelling this summer for whatever reason. They share the common impression: 1. You don't realize how great USA is until you travel elsewhere, e.g. Europe. 2. Europe will become a mix between the old Europe population and people from Africa based on the faces they saw on the street and the birth rate among different races these days. Soon, white will become minorities there. Yes I…
It sure doesn’t seem to be reflected in how people live. Is this just using the wrong measure for “poorer”?
GDP per capita per hour worked is a better metric to use when comparing countries. Most Western European countries have fewer hours worked per worker, but when they work have the same productivity. I'm not sure about the gini coefficient, but both of the numbers given seem low. The US's was over 0.42 from what I've read in other sources.
> GDP per capita per hour worked is a better metric to use when comparing countries. Comparing what? Wealth? Efficiency? Happiness? Athleticism? If you are comparing economic well-being, use GDP per capita. If you worked one hour today and $100 or eight hours and got $100, either way your richness/poorness is $100. If you are comparing efficiency or something, do the per hour thing.