[wokkel]

Maybe companies, but they are not what should matter. As far as know the amount of poor people in the usa is also way higher than in Europe. If we take that into account i'd say that Europe is doing just fine.

[jganetsk]

> As far as know the amount of poor people in the usa is also way higher than in Europe. If we take that into account i'd say that Europe is doing just fine.

Citation needed. No, Europe is not doing just fine. https://www.noahpinion.blog/p/americans-are-generally-richer...

[madsbuch]

this is a strawman. you can't eat gdp per capita for dinner. yes, US people produce more waetlh for rich people. but they don't take home that wealth.

try to find some statistics around spending power https://x.com/dima_heyqq/status/1758508340953448525?s=48&t=H...

[fiestaman]

From your link:

  Singapore – 7922 $ / month
  Qatar 5628
  UAE – 5585
  Kuwait – 5250
  Switzerland – 5232
  Denmark – 4894
  Germany – 4667
  Austria – 4484
  Saudi Arabia – 4419
  South Korea – 4076
  USA – 4066
  Canada - 4026
  Sweden – 3666
  France – 3556
  Hong Kong – 3219
  Spain – 3148
  UK – 3127
  Finland – 2827
  Israel – 2770
  Poland – 2753
  Portugal – 2220
  Russia – 2159
  China – 1823 (urban non-private) 1053 (urban private)
  Thailand – 1769
  Indonesia – 1051

[jganetsk]

That's all included in the article, which admittedly is behind a paywall. He goes into great detail, including purchasing power parity, means vs medians, etc.

And the conclusion is the US generates more wealth for the middle class than Europe does.

[RestlessMind]

Wasn't it just last year that the richest man and the richest woman in the world were both French? A statement at "Europe" level is far too generic, especially when it comes to economic policies or quality of life. Europe includes both Norway and Moldova and the variance in the quality of life is much higher than Massachusetts vs Mississippi.

[lobocinza]

> If we take that into account i'd say that Europe is doing just fine.

If things are so good why Europe is being dominated by authoritarian populists?