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submitted 5 months ago by CAVOK@lemmy.world to c/europe@feddit.de
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[-] KevonLooney@lemm.ee 2 points 5 months ago

You didn't post anything about PPP median income. As I said earlier, you are being extremely pessimistic without any data.

I looked it up for you: the US is fifth in the world in median income. Switzerland, Norway, and Luxembourg all have higher median income than the US. That makes sense intuitively too, as those countries all have extremely high quality of life on many measures.

https://www.insidermonkey.com/blog/10-richest-countries-by-median-income-1248583/6/

Here's another source with older data, but it's easier to rank countries. The rest of Europe is very close to the US.

https://worldpopulationreview.com/country-rankings/median-income-by-country

[-] nivenkos@lemmy.ml -2 points 5 months ago

A 33% difference isn't exactly "very close".

this post was submitted on 27 Mar 2024
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