Not Every Place is Economically the Same

For John, BLUF:  I blame Trump.  Nothing to see here; just move along.

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Most of Europe Is a Lot Poorer than Most of the United States

Here is the sub-headline:

Living Standards Are Markedly Higher in the United States

From , by Mr Daniel J. Mitchell, 2 April 2016.

Yes, an oldie, but it is a goodie.

There is some verbiage, some discussion of comparisons.

So, back in 2014, before our current economic takeoff, the Per Capita GDP was as follows (Samples from the table presented):

Rank	State	GDP<(p/c)/td>
1	North Dakota	$72,719
18	Oregon	$54,958
	United States	$54,629
36	Michigan	$45,988
	Germany	$45,802
38	Missouri	$45,721
	Sweden	$45,183
49	Idaho	$38,607
	Japan	$36,426

So, bad as things are, they are pretty good in the United States.  And, now, half of the people in the world are in the "Middle Class", even if only by their finger nails.

Hat tip to the InstaPundit.

Regards  —  Cliff