this post was submitted on 06 Sep 2023
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Europe

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[–] Flughoernchen@feddit.de 47 points 1 year ago (2 children)

That's a really misleading article. Badly written and polarizing by leaving out crucial information. It's basically clickbait.

The GDP per capita, adjusted for purchasing power, in the US was at $76,398.6 in 2022, while the Euro Area had $56,494.2 and the EU $54,248.6. A gap is there but it's not nearly as dramatic as this article makes it sound.

(I'm sure most of you know this, but I'm still clarifying for the few who don't.)

[–] Lapislazuli@feddit.de 2 points 1 year ago* (last edited 1 year ago)

And even that doesn't take into account that there are much more super rich people in the US making an insane amount of money.

I don't have any statistics but I would guess the median income in the US probably isn't that high compared to their cost of living.