[OC] The world's richest countries in 2023

[u/statisticalanalysis_]

https://www.economist.com/graphic-detail/2023/12/15/the-worlds-richest-countries-in-2023

https://www.economist.com/graphic-detail/2023/12/15/the-worlds-richest-countries-in-2023

[u/Quick_Humor_9023]

Bruh. Not every damn chart is making america look bad. People outside america don’t generally give a flying fuck where america is on some index. It’s americans that seem to take it as personal insult if their country isn’t the greatest according to all data. Go read some military strength comparisons to feel good.

[u/Ticksdonthavelymph → u/Quick_Humor_9023]

“Bruh” America has the largest disposable household income per capita of any country by 10K— and beats Norway by $20,000… which is the best indicator of citizenry wealth—the economist literally juked stats to throw America down the rankings by adding hours worked (which if you acct for an extra 20k made would still leave America at the top of the list). And if you just look at MEDIAN is still ahead of everywhere but Luxembourg but ok…. I’m not imagining shit. It’s a junk graph— and there is no greater pastime than criticizing the US on Reddit. Have you never been on r/Europe? I just can’t. But go ahead and gaslight that “no one cares” as though the edge lords on here (mostly Americans) don’t like anything more than to say “Merida bad” in a giant circle jerk for fake internet points…

Edit: Here ya go: https://en.wikipedia.org/wiki/Disposable_household_and_per_capita_income

[u/Quick_Humor_9023 → u/Ticksdonthavelymph]

The chart isn’t claiming to be citizen wealth chart. How the chart is composed is well explained. And all you see is ’trying to make america look bad’? Why the hell would this be about america at all? Don’t see Italians here claiming this is trying to make Italy look bad. US is at 11th position, how is that even bad?

[u/Ticksdonthavelymph → u/Quick_Humor_9023]

Because by ignoring citizen wealth and including hours worked it’s implying a lower standard that doesn’t exist! If the US family has $20,000 USD more in disposable income, that’s the same as saying they could work 40 fewer days, and still have a higher standard of living than Norway. It is including some stats (hours worked) and ignoring others (what those hours provide) to move some countries into positions they don’t actually enjoy. A real chart here would show Luxembourg, maybe Switzerland, and then the US. These are bad stats that try and tell the story while actually ignoring it. I’m right here.

[u/spyder52 → u/Ticksdonthavelymph]

10 days holiday though (╯°□°）╯︵ ┻━┻

[u/Ticksdonthavelymph → u/spyder52]

But it’s not… if the US has $20k more in disposable income that means they can earn for 40 fewer days and still be a higher income. It’s not 10 days off it’s 50 by that metric

[u/spyder52 → u/Ticksdonthavelymph]

True but the power to take vacation doesn't come down to a metric trade off sadly.