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Re:the US economy and the EU were the same size in 2008, the... by janalsncm on Monday July 17, 2023 @07:56PM (#36765847)
This is a bit of a frame trap. Here’s another metric:

==2021==

Life expectancy in EU: 80

Life expectancy in US: 76

==Rolling back to 2008==

Life expectancy in EU: 79

Life expectancy in US: 78

What’s the point? Maybe GDP isn’t the most important indicator. The US can double it’s GDP by making healthcare more expensive and extracting every last dime from the elderly, but can it actually improve quality of life for people? [1]

[1] https://data.worldbank.org/indicator/SP.DYN.LE00.IN?location...

Re:the US economy and the EU were the same size in 2008, the... by cypress66 on Monday July 17, 2023 @08:03PM (#36765910)
Most of that life expectancy gap is due to obesity I'd guess.
Re:the US economy and the EU were the same size in 2008, the... by umeshunni on Monday July 17, 2023 @08:19PM (#36766064)
Most of it is due to the opioid crisis in the US afaik.
Re:the US economy and the EU were the same size in 2008, the... by mikeyouse on Monday July 17, 2023 @11:01PM (#36767294)
Covid, overdoses & accidents accounted for 2/3 of the decline;

https://www.health.harvard.edu/blog/why-life-expectancy-in-t...

Re:the US economy and the EU were the same size in 2008, the... by arc-in-space on Tuesday July 18, 2023 @03:50AM (#36769178)
Eh, sure, but here it's worth pointing out that obesity is a significant factor in covid deaths.
Re:the US economy and the EU were the same size in 2008, the... by LilBytes on Monday July 17, 2023 @08:13PM (#36766004)
And a strong difference in quality health care outcomes for people of all ages.
Re:the US economy and the EU were the same size in 2008, the... by nonethewiser on Monday July 17, 2023 @11:46PM (#36767571)
Outcomes in the US are high. So are the costs though.
Re:the US economy and the EU were the same size in 2008, the... by hgomersall on Tuesday July 18, 2023 @03:34AM (#36769072)
Which means, if you can't afford it, the outcomes are low.
Re:the US economy and the EU were the same size in 2008, the... by scythe on Monday July 17, 2023 @10:05PM (#36766881)
Obesity has also increased in the EU.
Re:the US economy and the EU were the same size in 2008, the... by ffhhttt on Tuesday July 18, 2023 @04:01AM (#36769261)
Also race is a significant factor due to reasons..

A white person living in well-of state has about the same life expectancy as those living in the highest rated European countries.

Re:the US economy and the EU were the same size in 2008, the... by hackeraccount on Tuesday July 18, 2023 @11:51AM (#36774438)
I doubt that. Obesity is why I'd die at 70 instead of 80 and be sick as dog the last 10 years of my life.

I suspect what's driving down life expectancy is me OD'ing on fentanyl at 30 or getting killed in a shoot out at 20 or dying in a car crash at 10.

Short version of what I think is going on - young people dying lowers life expectancy a lot more then old people dying a bit earlier then they might have.

Re:the US economy and the EU were the same size in 2008, the... by sonicshadow on Monday July 17, 2023 @08:00PM (#36765882)
What's the point of living an extra few years either? I'd rather die at 70 after having lived a healthy life, than 80 and suffered the last 10 years
Re:the US economy and the EU were the same size in 2008, the... by wizofaus on Monday July 17, 2023 @08:21PM (#36766088)
I'm fairly sure in countries where the life expectancy is lower you're more likely to suffer in your final years.
Re:the US economy and the EU were the same size in 2008, the... by zerodensity on Monday July 17, 2023 @08:07PM (#36765944)
You say that now. I bet you are going to be dancing by a different tune at 70.
Re:the US economy and the EU were the same size in 2008, the... by sonicshadow on Monday July 17, 2023 @08:11PM (#36765986)
Think you're intentionally misreading what I'm saying, thanks for that
Re:the US economy and the EU were the same size in 2008, the... by zerodensity on Monday July 17, 2023 @10:04PM (#36766873)
Am I? I think not.

You are saying that you would rather live a shorter time in good health than a longer time being unhealthy at the end.

I am saying that the day will come when you start to deteriorate, get aches, getting slower, maybe even critically ill. During all that you will most likely still not want to die.

People suffer in every age group most of them don't want to die. Why do you think you would?

Re:the US economy and the EU were the same size in 2008, the... by sonicshadow on Monday July 17, 2023 @10:08PM (#36766911)
It seems like you know me better than i do!
Re:the US economy and the EU were the same size in 2008, the... by yCombLinks on Monday July 17, 2023 @11:32PM (#36767488)
It seems like you're a poor communicator, because that's the only reasonable way to interpret your comment.
Re:the US economy and the EU were the same size in 2008, the... by ffhhttt on Tuesday July 18, 2023 @04:08AM (#36769311)
It was actually sarcasm?
Re:the US economy and the EU were the same size in 2008, the... by YetAnotherNick on Monday July 17, 2023 @08:22PM (#36766101)
I think suffering is based on life expectancy and not fixed. Life expectancy was 50 years not a long back, but still people suffered last 5 years or so of their life.
Re:the US economy and the EU were the same size in 2008, the... by rjh29 on Monday July 17, 2023 @08:26PM (#36766135)
A larger percentage of people are dying young. It's an average...
Re:the US economy and the EU were the same size in 2008, the... by landemva on Monday July 17, 2023 @08:07PM (#36765952)
Your body, your choice.
Re:the US economy and the EU were the same size in 2008, the... by Loocid on Monday July 17, 2023 @09:01PM (#36766399)
Why do you assume you'll suffer from 70-80?
Re:the US economy and the EU were the same size in 2008, the... by mr_toad on Monday July 17, 2023 @09:25PM (#36766586)
Low life average life expectancy is usually caused by people dying young. Gun violence, automobile accidents, obesity, an opioid epidemic…
Re:the US economy and the EU were the same size in 2008, the... by afterburner on Tuesday July 18, 2023 @01:36AM (#36768243)
Just moves the suffering years to 60-70.
Re:the US economy and the EU were the same size in 2008, the... by ljlolel on Monday July 17, 2023 @08:44PM (#36766274)
Most of the gap is actually people doing pension fraud due to overly generous state benefits.
Re:the US economy and the EU were the same size in 2008, the... by zerodensity on Monday July 17, 2023 @10:13PM (#36766958)
Why do you think that?
Re:the US economy and the EU were the same size in 2008, the... by ljlolel on Tuesday July 18, 2023 @04:12AM (#36769340)
Re:the US economy and the EU were the same size in 2008, the... by nemo44x on Monday July 17, 2023 @09:30PM (#36766624)
That’s a poor metric. The USA offers you more potential. It’s up to you.

The USA also has a higher percentage of young people and more of them are dying from drugs. That skews a metric line that. Do it by cohort and it’s different.

Re:the US economy and the EU were the same size in 2008, the... by Kapura on Monday July 17, 2023 @09:33PM (#36766643)
What, specifically, do you mean by "The USA offers you more potential?"
Re:the US economy and the EU were the same size in 2008, the... by nemo44x on Monday July 17, 2023 @10:01PM (#36766848)
More opportunity. More capacity to improve your lot in life. More luxury. More space. It goes on.

There’s a reason millions more people from the EU live in the USA than the other way. Or why there’s a line 100s of millions long to come to the USA.

Nowhere is perfect but as a world traveler I’d say the USA is pretty great. What I have found most interesting over the last 20 years is that the conversation has moved from USA/EU to USA/Asia. Europe has become lodged somewhere between that and Africa/South America but Euros haven’t noticed it yet. Business has.

Re:the US economy and the EU were the same size in 2008, the... by bjornasm on Monday July 17, 2023 @10:19PM (#36767003)
>There’s a reason millions more people from the EU live in the USA than the other way. Or why there’s a line 100s of millions long to come to the USA.

That the EU has 100million more inhabitants, a history of relocating to the US or american culture and language being extremely present all over western society?

>Nowhere is perfect but as a world traveler I’d say the USA is pretty great.

"Nothing is like home" - news at 11.

Re:the US economy and the EU were the same size in 2008, the... by nonethewiser on Monday July 17, 2023 @11:48PM (#36767587)
> a history of relocating to the US or american culture and language being extremely present all over western society?

Well these just reinforce his point

Re:the US economy and the EU were the same size in 2008, the... by Dylan16807 on Tuesday July 18, 2023 @12:03AM (#36767659)
This history suggests there was opportunity at one point, at least.

The culture/language being widespread doesn't say anything about the USA being better. How does that reinforce his point?

Re:the US economy and the EU were the same size in 2008, the... by ikekkdcjkfke on Tuesday July 18, 2023 @02:07AM (#36768471)
The startup culture started there
Re:the US economy and the EU were the same size in 2008, the... by ffhhttt on Tuesday July 18, 2023 @04:06AM (#36769304)
People still move there because it offers significantly better opportunities for most high-skilled people?
Re:the US economy and the EU were the same size in 2008, the... by Dylan16807 on Tuesday July 18, 2023 @04:15AM (#36769360)
You're adding new reasons. That's not relevant to what I'm saying.
Re:the US economy and the EU were the same size in 2008, the... by nemo44x on Tuesday July 18, 2023 @07:19AM (#36770583)
I think the history isn’t relative today. It’s skilled Euros moving to the USA. Not the “poor and tired”.

If you’re skilled/smart then the USA will offer a much higher quality of life. This is why these types of people move to the USA and Europe suffers from brain drain. (Hint - high taxes chase people away to better places!)

There are exceptions though! More Americans move to Norway than the other way. It’s a richer country so that makes sense.

But check out this article from today:

https://www.wsj.com/articles/europeans-poorer-inflation-econ...

Re:the US economy and the EU were the same size in 2008, the... by yieldcrv on Tuesday July 18, 2023 @02:53AM (#36768783)
The US and some European nations have equivalent levels of upwards mobility.

Its more of a matter of whether its popular to do culturally, there is also freedom of movement and trade between all the EU/EEA/EFTA nations. If your home country makes it hard to start a limited liability company, you can form one in the country+state that makes it easy, and transact and bank in your home country. Just like in the US.

and you should talk with different people in your travels. People comfortable in their developed nation are not trying to come to US and would be confused at the suggestion as they only focus on news about marginalized groups in the US, no different than an American would be confused about someone assuming they have a fondness for China before that American rattles off about a dozen civil rights things that wouldn't actually affect privileged people in their equivalent socioeconomic bracket there, as if it defines the whole country or a day to day experience.

its pretty easy to see through this conditioning: American exceptionalism relies upon being compared to the most mismanaged and authoritarian places in the world, it ignores the existence of developed nations with balanced budgets, social safety nets, with similar taxes.

Re:the US economy and the EU were the same size in 2008, the... by AbrahamParangi on Monday July 17, 2023 @10:08PM (#36766905)
These stats drive me up the wall because the US is more diverse than every single European country. The life expectancy in California is 81 and in Alabama it’s 74. That’s the difference between the UK and like, Latvia.

This matters because when you look at these crude aggregate stats, people naively assume that it means that everything is a bit worse but the actual American story is usually more like broad prosperity with some truly awful outcomes for anyone who falls through the (very wide) cracks.

Re:the US economy and the EU were the same size in 2008, the... by bjornasm on Monday July 17, 2023 @10:15PM (#36766976)
What a weird way of framing it. The USA is compared with EU, so it doesn't matter if USA is more diverse than single european countries. As you point out, EU is also very diverse.
Re:the US economy and the EU were the same size in 2008, the... by EGreg on Monday July 17, 2023 @11:47PM (#36767578)
But EU is more diverse than any single US state!

So like... nyeh

Re:the US economy and the EU were the same size in 2008, the... by ajross on Tuesday July 18, 2023 @12:50AM (#36767917)
Surely the point was that the difference between internal regions of the EU and USA are much higher than that between the averages. Someone worried about lifespan in either would do much better to look at local outcomes and the reasons for them (c.f. figuring out why Latvia lags the France, or what's wrong in Alabama that Massachusetts is so far ahead) than it is to dither over what the people across the ocean are doing.
Re:the US economy and the EU were the same size in 2008, the... by ffhhttt on Tuesday July 18, 2023 @03:57AM (#36769228)
these oversimplified averages don’t really reflect anyone’s actual situation either
Re:the US economy and the EU were the same size in 2008, the... by ChatGTP on Tuesday July 18, 2023 @12:10AM (#36767701)
Have you been to Europe? It's really diverse.
Re:the US economy and the EU were the same size in 2008, the... by failuser on Tuesday July 18, 2023 @01:34AM (#36768234)
EU has a bunch of states that have been in the Soviet Block not so long ago, even 3 countries from the USSR. This is way more diverse than USA at least as far as the economics go.
Re:the US economy and the EU were the same size in 2008, the... by lionkor on Tuesday July 18, 2023 @02:51AM (#36768775)
> more diverse than every single European country

by what metric?

Re:the US economy and the EU were the same size in 2008, the... by ffhhttt on Tuesday July 18, 2023 @03:58AM (#36769245)
Are you ready doubting whether the US as whole are more diverse than any single European country?
Re:the US economy and the EU were the same size in 2008, the... by waffleiron on Tuesday July 18, 2023 @04:28AM (#36769465)
Yes, that's a very US centric view. There are European countries, such as France and the Netherlands that have overseas territories and generally are quite diverse. Or Belgium with three official languages, where you can walk 10 km and suddenly most people speak another language.

The US as a whole might be more diverse than a single EU country, but it will depend a lot on your metric for diversity.

Re:the US economy and the EU were the same size in 2008, the... by pzo on Tuesday July 18, 2023 @04:34AM (#36769508)
What's the point of comparing all US states to single European country? The same it doesn't make sense to compare all EU countries to single US state.
Re:the US economy and the EU were the same size in 2008, the... by lionkor on Tuesday July 18, 2023 @11:31AM (#36774121)
No, im asking by which metric.
Re:the US economy and the EU were the same size in 2008, the... by zooi on Tuesday July 18, 2023 @03:11AM (#36768915)
The stats comparison is of the US and the whole of Europe.

The difference between states is big but you go on to say that it's as big as the difference between two European countries. Your comparison only points out Europe is as least as diverse as the US and still has a significantly higher life expectancy.

Re:the US economy and the EU were the same size in 2008, the... by arp242 on Tuesday July 18, 2023 @05:59AM (#36770044)
> These stats drive me up the wall because the US is more diverse than every single European country.

Are you seriously to claim that the EU is a single country? Or that there are no differences between EU countries? That link actually has a table of all EU countries, and it ranges from 72 to 83. This is actually a LARGER difference than in the US: where it ranges from 74 to 82.

You need to read what's actually being said before climbing up the walls.

Re:the US economy and the EU were the same size in 2008, the... by throwawaylinux on Tuesday July 18, 2023 @12:13AM (#36767719)
What is a "frame trap", and why do people get irrationally upset by the US doing well at something or the EU doing poorly?

This post is about GDP growth. What has life expectancy got to do with it, and how are you contributing to any discussion? Has anybody here said that "GDP is the most important indicator"?

Re:the US economy and the EU were the same size in 2008, the... by ChatGTP on Tuesday July 18, 2023 @01:10AM (#36768057)
I actually think it's the opposite, I always see Americans getting really snarky about Europe, I could go back and find plenty of examples but I have better things to do.

Personally I think average Americans have a hard time imaging a world where there is more to life than money.

Ultimately whenever I see these "murica" centric posts, I remember them flying in emergency medical supplies from China and everybody being upset about how the worlds greatest super power didn't have enough supplies for their own medical staff.

Stay humble.

Re:the US economy and the EU were the same size in 2008, the... by fragmede on Tuesday July 18, 2023 @01:17AM (#36768107)
Given how pervasive money is in everything we do, even just hiking in nature (how much did those hiking boots cost you? Did you get a cheap pair or an expensive pair? How long will they last until you have to buy a new pair?), or just having friends over to chat (their money status has an effect on how they're doing). There's more to life than money, but it's pretty central.
Re:the US economy and the EU were the same size in 2008, the... by FirmwareBurner on Tuesday July 18, 2023 @06:06AM (#36770109)
>There's more to life than money, but it's pretty central.

Europeans miss the point that you still need money to fund all those generous social benefits we have. Without money and a stagnating economy there will be less welfare to go around.

I've lost track of how many financially illiterate people told me "I don't care about the economy, as long as we still have great quality of life" who miss the part where that great quality of life is funded by the economy they don't care about.

Re:the US economy and the EU were the same size in 2008, the... by ChatGTP on Tuesday July 18, 2023 @06:47AM (#36770328)
Europeans miss the point that you still need money to fund all those generous social benefits we have.

Not entirely, of course you need money but you need people who believe in the cause to work towards it and make sacrifices. I work for a NFP, I took a paycut to do it. I'm happier for it.

I think a lot of America goes wrong because most people want their cake and to eat it too. Free healthcare? It will require sacrifices in the form of higher taxes.

Re:the US economy and the EU were the same size in 2008, the... by FirmwareBurner on Tuesday July 18, 2023 @06:56AM (#36770403)
Let me know when you meet the first people who voluntarily agree with paying higher taxes. Everyone I know in EU wants to pay less taxes, not more, as they don't trust the state with how it has spent their taxes so far (aka on corruption and cronyism).

Canadians pay higher taxes than Americans and their social services aren't that much better now that the US's. Why isn't it working for them if higher taxes and not a stronger economy is the solution?

Whenever the state says "give me more of your tax money so I can take care of you", check your pockets.

To be fair, I'd also agree with more taxes, provided those in power would be held accountable and punished severely for mismanaging it and that they would try to address growing inequality, but as long as they're unaccountable and spend my taxes like drunken sailors giving it to their golf buddies in the private sector while pushing for austerity for the plebs while the rich get richer, I'll do everything I can to pay less taxes to the state so I can defund it of the capability of improper spending, and use that extra money to take care of myself and my loved ones.

Re:the US economy and the EU were the same size in 2008, the... by ChatGTP on Tuesday July 18, 2023 @07:34AM (#36770694)
To be fair, I'd also agree with more taxes, provided those in power would be held accountable and punished severely for mismanaging it, but as long as they're unaccountable and spend my taxes like drunken sailors giving it to their golf buddies in the private sector while pushing for austerity for the plebs, I'll do everything I can to pay less taxes to the state so I can defund it of the capability of improper spending, and use that extra money to take care of myself and my loved ones.

You see, that is already happening, just through other means. The political situation isn't really favoring Joe Sixpack, or even software engineers, it's benefiting the very few ultra wealthy.

You know how nowhere near enough is being done about climate change? That's because no one in government really cares about the impacts on you or your family. Because the energy companies are happy.

Google and Meta stealing your private information without your consent? Nothing will be done about that either because corporations own America.

IMO the fact we pay lower tax and are all just thinking it means we're better off by default is the joke. It is the pacifier.

I 100% agree with you though, higher tax does not mean things get better, absolutely not. What people have to do is grow brains and participate in democracy and not via Twitter on Instagram but actually doing some work.

Re:the US economy and the EU were the same size in 2008, the... by throwawaylinux on Tuesday July 18, 2023 @02:42AM (#36768717)
> I actually think it's the opposite, I always see Americans getting really snarky about Europe, I could go back and find plenty of examples but I have better things to do.

I'm responding to a (one of the many) cases of people being strangely upset and irrational about a simple fact about the US doing better in this one metric recently. There is no "opposite" about it, I never said it does not happen the other way around, I'm questioning why it is happening this way around in this thread. And again that is making people upset and bringing up other unrelated things, which is quite ironic really.

> Personally I think average Americans have a hard time imaging a world where there is more to life than money.

Personally I think it's sad that so many "educated and enlightened" people are okay with making vile accusations and generalizations about others they know nothing about.

I know a bunch of Americans and almost all are warm, friendly, generous. Some very driven, very few who struck me as being all about money. I feel sad that many have been to feel ashamed of themselves by this kind of casual bullying.

> Ultimately whenever I see these "murica" centric posts, I remember them flying in emergency medical supplies from China and everybody being upset about how the worlds greatest super power didn't have enough supplies for their own medical staff.

I don't quite understand what you're getting at. You're upset by the fact that the US economy measured by GDP grew much faster than the EU recently, but you take comfort from the fact that China manufactures a lot of things that other countries buy such as medical equipment and there were shortages of various goods during Covid. I don't know what to make of that but I'm sure there's some interesting psychology behind it.

Re:the US economy and the EU were the same size in 2008, the... by ChatGTP on Tuesday July 18, 2023 @07:07AM (#36770481)
I'm responding to a (one of the many) cases of people being strangely upset and irrational about a simple fact about the US doing better in this one metric recently. There is no "opposite" about it, I never said it does not happen the other way around, I'm questioning why it is happening this way around in this thread. And again that is making people upset and bringing up other unrelated things, which is quite ironic really.

If it happens both ways then it doesn't matter why, it's a kind of passive aggressive question then? You know that many people don't like America and it's way of operating, which IMO is about maximizing profits and throwing people under the bus to do so. No great national doesn't offer world class free healthcare, sorry. But that is the challenge of our time and we in the USA have failed. We have also failed, very ,very hard leading the world through climate change, so we're just a bunch of rich people with no leadership strength now.

Personally I think it's sad that so many "educated and enlightened" people are okay with making vile accusations and generalizations about others they know nothing about.

Regardless of any of your accusations, being that I'm some kind of generalizing monster, there is no place on earth that worships money like the USA. Sorry but that is just how it is. I've never experienced anything quite like it. Money is the religion. That's why we're having a GDP party.

I know a bunch of Americans and almost all are warm, friendly, generous. Some very driven, very few who struck me as being all about money. I feel sad that many have been to feel ashamed of themselves by this kind of casual bullying.

So do I, but I guess you're also generalizing that most Americans are lovely, because I know many that aren't. Saying this, Americans aren't any nicer per-capita than anywhere else in the world. There are nice people everywhere and there are dicks everywhere.

The problem with America is it's politics and the access lobbyists have to politicians. I think Americans are probably too nice and too gullible to see the situation improved.

Lobbying is a fairly unique problem in the US which causes things like mass shootings at schools to happen. The NRA makes sure everyone has guns (for example).

I don't quite understand what you're getting at. You're upset by the fact that the US economy measured by GDP grew much faster than the EU recently, but you take comfort from the fact that China manufactures a lot of things that other countries buy such as medical equipment and there were shortages of various goods during Covid. I don't know what to make of that but I'm sure there's some interesting psychology behind it.

Again, you're making accusations now. I don't take comfort in it, but I am saying it's important to be humble. I think boasting is a major character floor and again, had China decided not to send supplies, America would've been quite screwed. So yeah, let's be humble no matter how big our GDP cock is.

Re:the US economy and the EU were the same size in 2008, the... by throwawaylinux on Tuesday July 18, 2023 @08:04AM (#36770911)
> If it happens both ways then it doesn't matter why,

Wrong.

[snip bitterness]

While we're dispensing with unsolicited advice about what is and is not important in how we think, you can just choose to not be upset by this stuff. The fact is here that lots of people are getting irrationally upset by the this GDP story. You can make peace with that and just move on without having to start bashing America or Americans. Ranting about how you think the average American has a hard time imagining more to life than money and things like that is just deeply weird. Fascinating though, so feel free not to take my advice and continue with it.

Re:the US economy and the EU were the same size in 2008, the... by ChatGTP on Tuesday July 18, 2023 @11:14AM (#36773803)
Whatever buddy
Re:the US economy and the EU were the same size in 2008, the... by throwawaylinux on Tuesday July 18, 2023 @11:37AM (#36774229)
That's the spirit. And you're welcome, you'll feel much better not upsetting yourself about things like this.
Re:the US economy and the EU were the same size in 2008, the... by ffhhttt on Tuesday July 18, 2023 @04:04AM (#36769289)
> I always see Americans getting really snarky about Europe

I more often get the impression that it’s the other way around. As if the fact that there is more to life than money somehow justifies the fact that much of Western Europe is now economically permanently stuck in ~2008 due to some very misguided policies..

Re:the US economy and the EU were the same size in 2008, the... by lukas099 on Tuesday July 18, 2023 @10:10AM (#36772543)
> I actually think it's the opposite, I always see Americans getting really snarky about Europe

It's definitely both ways. Things Americans are snarky about: - Europe starting world wars, America getting pulled in and 'winning' them (taking an outsized view of America's role) - "Everything is so small here"

Things Europeans are snarky about: - Not knowing geography or anything about the world outside the U.S. - Tipping - Atrocious public transit - High healthcare costs for poor outcomes

Re:the US economy and the EU were the same size in 2008, the... by janalsncm on Tuesday July 18, 2023 @04:23AM (#36769427)
The post is ostensibly about GDP growth. However, if you read the comments both here and on Twitter you’ll see that we humans are quick to jump from cold economic facts of GDP into more broad points about economic stagnation.

My point is to suggest that maybe top line numbers don’t tell the whole story. Maybe in a society where wealth is hyper-concentrated, the heuristic coupling of GDP growth and social progress breaks down.

Flip the US and EU, it makes no difference to me. My point is that GDP is a poor metric for most things we should care about, and maybe we should get off the paperclip maximization train and onto the well-being maximization train.

Re:the US economy and the EU were the same size in 2008, the... by throwawaylinux on Tuesday July 18, 2023 @05:06AM (#36769714)
> The post is ostensibly about GDP growth. However, if you read the comments both here and on Twitter you’ll see that we humans are quick to jump from cold economic facts of GDP into more broad points about economic stagnation.

I can't seem to read the twitter comments but I don't really see that here, at least in top level comments it seems to be all people who are quick to jump from that to making excuses or trying to rationalize why these numbers are "bad".

I don't know what would be the problem with talking about economic stagnation though, significant differences in GDP growth between ~comparably advanced economies doesn't seem like a bad starting point for that, does it? I notice you didn't actually reply to such a comment, but even so I don't know why you would bring life expectancy into GDP stagnation either. There's certainly a fairly strong correlation and almost certainly causal relationship, but nobody seems to be confusing GDP with the sole driver of life expectancy or believe that GDP tells "the whole story". So it seems like a weird thing to bring up, you could also bring up wheat production and point out that it isn't fixed to GDP, because it also doesn't tell you that story.

Re:the US economy and the EU were the same size in 2008, the... by seydor on Tuesday July 18, 2023 @01:10AM (#36768056)
So they live less and STILL make twice the income?
Re:the US economy and the EU were the same size in 2008, the... by failuser on Tuesday July 18, 2023 @01:38AM (#36768258)
Those are different people. The ones who die early don’t have disposable incomes that are high. At least on average.
Re:the US economy and the EU were the same size in 2008, the... by thatguy0900 on Tuesday July 18, 2023 @01:24AM (#36768151)
People retire and not only don't have an income, they can take money back from the government. Especially if you live in a place where the government actually has some safety nets set in place for you. If your goal is maximum money earned per person per year you probably want them to die at like 65 or something.
Re:the US economy and the EU were the same size in 2008, the... by afterburner on Tuesday July 18, 2023 @01:39AM (#36768264)
The EU has better social support.

However, the US dodged the austerity fad bullet in the 2010s. A lot of the EU really fell for it hard.

Austerity is a fantastic way to inhibit growth.

Re:the US economy and the EU were the same size in 2008, the... by walthamstow on Tuesday July 18, 2023 @03:37AM (#36769095)
Austerity means to spend less on public services and infrastructure. Doesn't that mean the US was in near-constant austerity prior to Biden and the IRA?
Re:the US economy and the EU were the same size in 2008, the... by afterburner on Tuesday July 18, 2023 @11:01AM (#36773552)
Austerity means to aggressive CUTS to spending in many different sectors. Much, much worse than not keeping up with rising maintenance demands.

The UK for example made deep cuts to healthcare and education, cost a lot of people jobs right at the worst possible time (on the heels of the Great Recession). Many smaller worse off countries did even worse.

The austerity in Europe was far, far worse than anything that was happening in the US. The US government finance establishment for whatever reason was not infected by that particular bug. The US passed a large stimulus bill and in general was in a stimulus mindset.

Europe on the other hand thought it could cut its way out of a crisis.

Re:the US economy and the EU were the same size in 2008, the... by HDThoreaun on Tuesday July 18, 2023 @10:52AM (#36773350)
The US life expectancy is low because Americans engage in riskier behavior like getting fat and opioids. Why is that a bad thing? If people want to do things that lowers their life expectancy they should be allowed to.