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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (136039)	4/8/2001 11:58:44 PM
From: tejek	Read Replies (1) \| Respond to of 1572644

The average citizen in the US is wealthier then the average European. It is possibly true that in some European countries with lower per capita income a typical person is wealthier then a typical person in the US but this would only apply to a very few developed countries. If you take developed countries as a whole, or Europe as a whole, or the EC as a whole, then the typical American is richer then the typical person from whichever of those three groups you pick. However I would not be surprised if you can find a couple of countries with slightly lower GDP per capita then the US where your claim is true. Tim, if 10% control 28% of the US's wealth and Norway's 10% control just 21.2% of its wealth which of the remaining 90% is richer...the US's or Norway's? The answer would be obvious if the comparison was between the US and Ecuador. However, when its two developed nations, the answer is not so sure. And really, that's not the point....the real point is that we do not share our great wealth as equally as other nations do. Why is it we can't seem to grasp the simple concept...we are only as good as the least of us? ted