Quote:
Originally posted by Gab:
Harris, I praise you for the research you did on other countries. However, you don't get that my whole point was that there are countries other than the U.S. with lower unemployment. I well knew that the U.S. had (by far) the largest GDP and economic growth in the world. The most powerful country with the biggest economy in the world doesn't equal the best standad of living , though  . Faceman has already given you some interesting facts about other Western countries having lower provert and higher literacy rates.
I can't believe there's an error to my link. I got the web adress correct... If you want to find out where I got the information on unemployment, go to a search engine and type: Unemployment data for the United States, you should find a website with the exact same name without much trouble.
Regarding purchasing parity, I think you've mistaken the definition. To my knowledge it's the exchange rates between currencies of different countries. Where did you find the definition?
Oh and if you're wondering what took me sooooo long to respond, well it's because my internet crashed for a few days.
|
Unemployement is but one factor in the strength of any economy there are many other factors, which is why I asked about more then just unemployement. The purchasing parity comes from the title that was used in the link, it is IIRC(to lazy to relook it up) GDP Purchasing parity
per capita meaning GDP spread over the entire population and what that population can purchase with it's share. $37,000 per year is close to the medium income of the USA give or take, I'm willing to bet the amounts listed for the other countrys is also close to their medium income, and will be happy to use either the medium income or purchasing parity per capita.
As answered by faceman(by the way faceman thanks for answering the question asked, as it was asked I can deal with and respect anyone who does that. If we agree or not does not matter. [img]smile.gif[/img] ) the poverty level varies widely from country to country.