Re: Copper theft

On Fri, 22 Sep 2006 23:29:45 +0200, David Brown
<david.brown@xxxxxxxxxxxxxxxxxxxxxxxxxx> wrote:

[snip]

The CIA Factbook, www.cia.gov

(Per capita GDP in parity purchasing power):
(view in Courier font)
GDP Debt
Population (PPP) (% GDP) Unemployment
---------- ------- ------ ------------
Belguim 10,379,067 $31,400 94.3 8.4%
France 60,876,136 29,900 66.2 9.9
Germany 82,422,299 30,400 67.3 11.7
U.K. 60,609,153 30,300 43.1 4.7
Norway 4,610,820 42,300 50.1 4.6
Spain 40,397,842 25,500 42.9 9.2
Italy 58,133,509 29,200 108.8 7.7
Netherlands 16,491,461 30,500 52.7 6.6
Isle of Man 75,441 28,500 0.6
United States 298,444,215 41,800 64.7 5.1


These figures are already scaled in the mythical "parity purchasing
power" (it's mythical, since different things cost different amounts in
different countries - there can be no single scale factor. In Norway,
for example, material goods are cheap, but services are expensive).
Thus differences such as cheaper oil in the USA will scale in the favour
of the USA. Looking at the nominal figures (not adjusted by cost of
living estimates) puts the USA at about $20,000 below Norway.

Additionally, these figures are based on arithmetic mean averages, and
are therefore skewed by the USA's greater spread of incomes. The
GDP(PPP) may represent the average purchasing power of citizens, but it
doesn't represent the purchasing power of the average citizen.

http://abstractnonsense.wordpress.com/2006/08/29/the-usas-economic-inequality/

[snip]

Bull-pucky. Wishing yourself affluent won't make it happen, though
you are perfectly free to wish yourself effluent ;-)

...Jim Thompson
--
| James E.Thompson, P.E. | mens |
| Analog Innovations, Inc. | et |
| Analog/Mixed-Signal ASIC's and Discrete Systems | manus |
| Phoenix, Arizona Voice:(480)460-2350 | |
| E-mail Address at Website Fax:(480)460-2142 | Brass Rat |
| http://www.analog-innovations.com | 1962 |

I love to cook with wine. Sometimes I even put it in the food.
.

Relevant Pages

  • Re: Copper theft
    ... (Per capita GDP in parity purchasing power): ... GDP Debt ... These figures are already scaled in the mythical "parity purchasing ... you are perfectly free to wish yourself effluent;-) ...
    (sci.electronics.design)
  • Re: Copper theft
    ... different countries - there can be no single scale factor. ... I'm not going to defend parity purchasing power as _the_ end-all, ... part of GDP comes from oil exports and is not individual income in the ... GDPmay represent the average purchasing power of citizens, ...
    (sci.electronics.design)
  • Re: Question on the nhs.
    ... compared to other european countries. ... "Anyone who has the power to make you believe absurdities has the ... US public authorities spend more on health as a percentage of GDP then we ...
    (uk.politics.misc)
  • Re: GDP down by more than half
    ... >> Since Yushchenko came to power the GDP in Ukraine went down from 12% ... > The GDP went down from 12% of what? ...
    (soc.culture.ukrainian)
Loading