Earlier quoted context omitted.
>>Is that why America's per capita GDP is higher than that of the EU? No, but it's exactly why US is far behind EU in healthcare, education, equality, social mobility and a number of other social metrics that matter to you know - normal people on the street, not traders on wall street. GDP doesn't tell the whole story. >>Why the US, not the EU, is the world's center of innovation and the strongest magnet for talent B…
In America, everyone has the same chance already, at least to a close approximation. It's just not logically valid to look at unequal outcomes and conclude that not everyone had the same chance, but that's what half this thread is doing. Whatever the US is doing, it works for producing prosperity and innovation. Whatever the EU is doing doesn't work to produce that. Sure, people there are comfortable, but should comf…
Really? When your mother has to hold down two jobs to pay the rent and put food on the table? Or when your mother doesn't need to work because she inherited millions from her parents? Which mother will have a child who goes on to a good university?
The income share of the poorest ten percent of the population is 1.8% in the US, in Norway it is almost 3.5%. In Norway university education is also free. In which one do you think a child from a low income household would have the best chance of having a better income than their parents?
See https://www.gapminder.org/tools/#$model$markers$bubble$encod...