Gary Coffman wrote in message . ..
On 14 Oct 2003 01:41:23 GMT, (SMuel10363) wrote:
Their standard of living *is* lower than ours because their government's
socialist policies (socialized medicine, nationalized broadcasting,
nationalized

BULL**** Ray Mueller

Canadian per capita GDP-PPP is $25,179 (US).
United States per capita GDP-PPP is $33,872 (US)

GDP-PPP is the income figure corrected for a market basket
of local commodities. In other words, it is a measure of the
average purchasing power of that money in that locality. As
such, it gauges how well you can live on the median wage
in a given area.

The median value would be more indicative than the average (per
capita) value, which is distorted by a relatively small number of
extremely wealthy people in the US. Or even something that cuts at
other than 50%, but incorporates a substantial part of the population.
It would be interesting to see what the income is in the middle
60%~80% (throw out the bottom and top 10 or 20% of people).

After all, if there are 1,000,000 people in a city and 100 of them
each make a billion dollars per year and the rest get only $10K, the
per capita is a healthy $110,000 but only 0.01% of the people make
more than $10K.

Best regards,
Spehro Pefhany