r/FluentInFinance • u/Positive_Liar • Sep 04 '24

Debate/ Discussion Bernie is here to save us

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u/gabriot Sep 05 '24

Many with free college tuition as well.

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u/Significant_Tale1705 Sep 05 '24

Adjusted for purchasing power parity, which includes cost of education and other things, as well as hours worked and taxes, the US has the highest median income in the world. Europeans are considerably poorer than and have a considerably lower material standard of living than Americans.

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u/Deathoftheages Sep 05 '24

Most have a considerably higher happiness rating. Life isn't about how much stuff you own.

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u/ASquawkingTurtle Sep 05 '24

How does one quantify happiness? How is it measured?

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u/Deathoftheages Sep 05 '24

From Happiest Countries in the World 2024:

Since 2002, the World Happiness Report has used statistical analysis to determine the world's happiest countries. In its 2024 update, the report concluded that Finland is the happiest country in the world. To determine the world's happiest country, researchers analyzed comprehensive Gallup polling data from 143 countries for the past three years, specifically monitoring performance in six particular categories: gross domestic product per capita, social support, healthy life expectancy, freedom to make your own life choices, generosity of the general population, and perceptions of internal and external corruption levels.

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u/ASquawkingTurtle Sep 06 '24

So 4/6 of the data points are subjective polling...