Re:How the World’s Richest Country Ran Out of Face Masks
by jellicle on Wednesday March 25, 2020 @12:00PM
(#22685821)
The USA is something like 6th in median income adjusted for PPP. If you adjust for how many hours worked to get those wages, it would fall a lot more - 20th? Lower? If you adjusted for public services available it would be lower than that.
Not the worst, but definitely not the richest, not for most people. It's an astonishingly poor showing considering how much money is available to the USA overall.
The US has one of the highest median incomes in the world, and no one with higher is even a tenth as populous.
It's perfectly fair to call us the richest country. That we don't have institutions to match is a shame all the more because of our richness. We had/have the resources. We foolishly didn't use them.