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A comment on Americans Work 25% More Than Europeans, Study Finds. Parent comment

Re:Americans Work 25% More Than Europeans, Study Finds by ryandrake on Tuesday October 18, 2016 @11:03AM (#12735113)
Which has what to do with standard of living?
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Re:Americans Work 25% More Than Europeans, Study Finds by friendlygrammar on Tuesday October 18, 2016 @11:04AM (#12735123)
Actually, standard of living is pretty heavily tied with gdp per capita, but I'm pretty sure we are talking about which country is richer not standard of living.
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Re:Americans Work 25% More Than Europeans, Study Finds by jacquesm on Tuesday October 18, 2016 @11:10AM (#12735195)
Only if the GDP is spread out equally. Income in-equality is a fine way to mask poverty in spite of a huge GDP.
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Re:Americans Work 25% More Than Europeans, Study Finds by e12e on Tuesday October 18, 2016 @11:32AM (#12735439)
How so? If you take a "cake" of 100 units, let 99 people share 1, and give 1 to 1 person. Then most people have 1/99 units. If your cake is 85, and you give everyone an equal share, everyone has a 85/99 units. Now, the situation in Europe is probably more like having 2 people split 60 units out of 85 - but that still leaves "the rest" way a head of those that only get 1/99...
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