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Politics : Foreign Affairs Discussion Group
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To: carranza2 who wrote (151795)11/17/2004 1:08:35 PM
From: KyrosL  Read Replies (2) of 281500
 
C2, GDP per head (which is the focus of the timbro study), may not be such a good measure of a population's well being. More objective measures are the health, longevity and happiness of a population. I don't know about happiness, but the EU beats us hands down in health and longevity.

As far as economic health is concerned, today's WSJ has an article that shows that some European countries (such as <gasp> France) in fact produce more GDP per hour of work than the US. The reason they are "poorer" is that their people have a LOT more vacations and holidays than Americans.

Also you have to take into account that America's GDP has some components that may not be so healthy such as:

- 5% for legal services vs less than a third of that in Europe.

- 16% on health services versus around half that in Europe. This would be good ordinarily, but unfortunately Americans live measurably shorter lives than the Europeans.

- 5% of its GDP on the military versus less than half of that in Europe.
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