Re:Americans Work 25% More Than Europeans, Study Finds
by coldtea on Wednesday October 19, 2016 @05:08AM
(#12742261)
First of all, GDP and GDP per capita != standard of living.
Even regarding GDP per capita, most the "few exceptions" you mention that trump the US are western European and nordic countries with the exception of #4 Qatar.
1 Luxembourg 102,717
2 Switzerland 80,603
3 Norway 74,598
5 Ireland 61,206
6 United States 56,084 <---
7 Singapore 52,888
8 Denmark 52,139
9 Australia 51,181
10 Iceland 50,277
11 Sweden 50,050
And don't think that a 10% change in GDP per capita (like e.g. from USA to Sweden) means much in terms of standards of living -- there's the distribution of this GDP, the organization of everyday life, work standards, state services, etc.
Even regarding GDP per capita, most the "few exceptions" you mention that trump the US are western European and nordic countries with the exception of #4 Qatar.
And don't think that a 10% change in GDP per capita (like e.g. from USA to Sweden) means much in terms of standards of living -- there's the distribution of this GDP, the organization of everyday life, work standards, state services, etc.