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To: WesternCulture
"I claim the GDP by PPP/Capita measurement is an inadequate way of comparing US prosperity to Swedish wealth as this instrument doesn’t acknowledge the fact that Swedes get a lot of things for free that US citizens do not in the area of education, child care, health care and social security in general.

GDP/PPP includes government spending so it makes no difference which country's government spends more.

56 posted on 05/29/2007 6:22:51 PM PDT by Dat
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To: Dat

“GDP/PPP includes government spending”.

- Correct, but the GDP/PPP measurement doesn’t acknowledge the fact that Swedes get a lot of things for free or at very low cost which Americans do not.

There must be an explanation somewhere to the fact that average Swedes enjoy higher levels of consumption than average Americans.

A lot of Americans are very poor.


57 posted on 05/29/2007 6:41:02 PM PDT by WesternCulture
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