Why America's economy is soaring ahead of its rivals

Re:Why America's economy is soaring ahead of its rivals by mrguyorama on Wednesday December 04, 2024 @03:36PM (#42321758)

>The (average) income is therefore calculated according to the Atlas method from the quotient of the gross national income and the population of the country.

Ah yeah, surely that doesn't get insanely screwed up by America's near top of the list inequality?

The average salary for 9 homeless people and 1 CEO is $100k! Americans are definitely better off than Europe!

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Re:Why America's economy is soaring ahead of its rivals by Matticus_Rex on Wednesday December 04, 2024 @04:48PM (#42322397)

I mean, the same is true of median income as well. People overestimate how much inequality affects the actual end numbers in the US. The median incomes in the poorest US states are still higher than most of the world.

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Re:Why America's economy is soaring ahead of its rivals by naming_the_user on Wednesday December 04, 2024 @06:15PM (#42323101)

West Virginia has a higher median salary than the United Kingdom.

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