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Is Europe as poor as it seems?

Is America as dumb as it seems?

Date: 2008-02-16 00:26 (UTC)From: [identity profile] mindstalk.livejournal.com
Thanks for the link.

It's weird. GDP/capita numbers for non-US will be all over the place, and I've Sweden right up there with the US, indicating good international competitiveness. GDP-PPP/capita tends to be lower and flatter. I know I've wondered if this might be largely due to more egalitarian wages, i.e. less cheap labor but no one has to be the cheap labor, and got responses -- Dan? Randy? -- but don't remember where that was. And yeah, work less and get more vacation, and live longer. Still, $48 for a pizza sounds weird.

Date: 2008-02-16 00:54 (UTC)From: [identity profile] heron61.livejournal.com
I know from visiting the UK, that food is (from a US perspective at least) exceptionally expensive - a meal there usually costs the same in Pounds as the same meal would cost in the US in dollars. I think much of this is simply due to the fact that the EU has to import far more of its food than we do.

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