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In the US, we have a GDP/capita of $50k/year. In the UK, it's just under $36k/year. In Poland it's $21k/year.

If it's impossible for a Brit to save, since they must consume everything they earn to survive with a minimal level of enjoyment, then how do the Polish avoid death? Do the Polish simply not enjoy life at all? And surely you'd agree that Americans should be able to save, simply by reducing their consumption to British levels.



Well, first, GDP/capita isn't a great measure for how the average (low quartile?) worker is doing. I'd think you'd have to look at actual wage levels.

Second, cost of living is different in the UK, US, and Poland. If we ignore wage levels and just look at GDP/c, http://en.wikipedia.org/wiki/Purchasing_power_parity#OECD_co... tells us that after adjusting for costs, the effective numbers as compared to a US citizen's purchasing power are $50K US, $32K UK, $35K Poland.

Mind you, I don't know I buy antihero's argument that the British are struggling to stay alive, but your argument isn't a particularly strong counter.


Have you heard of cost of living?


The numbers I gave are adjusted for PPP, though using the world bank method rather than the OECD method given by ahh in his reply.

https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)...




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