Author Topic: The Real Value of $100 in Each State  (Read 10615 times)

BoL

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Re: The Real Value of $100 in Each State
« Reply #15 on: August 27, 2014, 06:50:40 PM »
The exchange rates make those comparisons hard too, USD has traded between $1.35 and $2.10 against GBP over the past 10 years.

Saying that, the median wage is likely overall higher in many US states, though afaik the minimum wage varies wildly and maybe some have none at all. I guess that's a plus depending which side of politics you're on and what kind of employment you've come to expect.

"One in 30 Londoners is a millionaire - but one in four live in poverty"
http://www.londonlovesbusiness.com/one-in-30-londoners-is-a-millionaire-but-one-in-four-live-in-poverty/8553.article

JasonD

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Re: The Real Value of $100 in Each State
« Reply #16 on: August 28, 2014, 10:58:43 AM »
> I didn't see the signs of extreme poverty that I see here

there is poverty here but I haven't seen any at the levels I have seen (or been shown) in some of the US. Overall, I'd rather be poor in the UK than in the US.

> 1. UK has an Army, Navy and Air Force and know how to use them.
> 2. UK takes much better care of their infrastructure, because they don't have room to just rebuild somewhere else when it falls down.
> 3. Public health care benefits, that really goes right to the bottom line on personal income.
> 4. Whiskey, they produce more lovely whiskey than any one state

All very valid points but on a personal level I have concerns about the 4th point. Scotland is voting within the month for independence from the UK. I hope it doesn't happen but the polls are moving closer towards a "yes" vote, albeit the "no' vote still has the majority.

>"One in 30 Londoners is a millionaire - but one in four live in poverty"

I'd bet that very few native Londoners are within that 1/30 statistic. Many are Arabs spending their time and (some of) their money here alongside a sprinkling of Russian and Eastern European cash (although with current politics, those numbers are reducing as they get kicked back East)


rcjordan

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Re: The Real Value of $100 in Each State
« Reply #17 on: August 30, 2014, 12:49:20 PM »
>> I didn't see the signs of extreme poverty that I see here

I think some of that is the urbanization of the population in UK. We have spread them out more. 

As for poor in the US, drive through New Mexico back-country some time ....looks like one massive trailer park.