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Politics : View from the Center and Left

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To: TimF who wrote (93392)	11/3/2008 5:11:30 PM
From: Cogito	Read Replies (1) of 541768

>>I didn't say it isn't, but its not double, and other than it an Luxembourg the standard of living in the Europe is lower than ours.<< Tim - I never said Norway's standard of living was double ours. I said that according to my recent research, their GDP per capita was roughly double ours in 2007. Measuring standards of living isn't an exact science. But it certainly can't be done only by looking at GDP. Here's a Wiki page that uses the Human Development Index as a measure of standards of living. It shows the US behind a bunch of European countries, plus Canada, Australia, and Japan. I won't claim that the HDI approach is the only valid one, but I find it ridiculous to think that we could meaningfully measure standards of living based solely on how much stuff individuals are able to buy. - Allen

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