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soc / soc.support.depression.family / Re: Ranked: U.S. States vs. G7 Countries by GDP per Capita

SubjectAuthor
* Ranked: U.S. States vs. G7 Countries by GDP per Capitaa425couple
`* Re: Ranked: U.S. States vs. G7 Countries by GDP per CapitaJim Wilkins
 `* Re: Ranked: U.S. States vs. G7 Countries by GDP per CapitaBaxter
  `* Re: Ranked: U.S. States vs. G7 Countries by GDP per Capitaa425couple
   `- Re: Ranked: U.S. States vs. G7 Countries by GDP per CapitaBaxter

1
Subject: Ranked: U.S. States vs. G7 Countries by GDP per Capita
From: a425couple
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from
https://www.visualcapitalist.com/ranked-u-s-states-vs-g7-countries-by-gdp-per-capita/

Ranked: U.S. States vs. G7 Countries by GDP per Capita Published 3 days
ago on November 18, 2024
By Pallavi Rao
Graphics/Design:
Anna Diederichs
See this visualization first on the Voronoi app.

This graphic compares the GDP per capita of G7 countries with the
richest and poorest U.S. states by the same metric.

Use This Visualization

Ranked: U.S. States vs. G7 Countries by GDP per Capita
This was originally posted on our Voronoi app. Download the app for free
on iOS or Android and discover incredible data-driven charts from a
variety of trusted sources.

This graphic charts the GDP per capita of G7 countries against select
U.S. states.

Why compare states vs G7? By going down to the state level we account
for differences in population and aggregate demand which can mask output
inequalities between the U.S. and its peer economies.

Data for this graphic is sourced from the International Monetary Fund
(IMF), Bureau of Economic Analysis, and the Census Bureau, as of 2023.

โ„น๏ธ G7 per capita GDP figures were accessed in October, a few weeks
before a semi-annual IMF update. Thus, data in this article and chart
may be slightly different from current estimates.
The American Economic Dream is Only Gathering Steam
The United States is outpacing the rest of the G7 in terms of
productivity. And this is true at a state level as well.

Mississippi, the state with the lowest GDP per capita, is still
wealthier than four G7 countries.

Rank U.S. State / G7 Member GDP per Capita
1 ๐Ÿ‡บ๐Ÿ‡ธ Washington D.C
(Richest State*) $259,954
2 ๐Ÿ‡บ๐Ÿ‡ธ New York
(Second-Richest State) $110,980
3 ๐Ÿ‡บ๐Ÿ‡ธ Massachusetts
(Third-Richest State) $105,164
4 ๐Ÿ‡บ๐Ÿ‡ธ U.S. Average $81,600
5 ๐Ÿ‡บ๐Ÿ‡ธ Arkansas
(Third-poorest State) $58,220
6 ๐Ÿ‡บ๐Ÿ‡ธ West Virginia
(Second-poorest State) $57,710
7 ๐Ÿ‡จ๐Ÿ‡ฆ Canada $54,900
8 ๐Ÿ‡ฉ๐Ÿ‡ช Germany $52,730
9 ๐Ÿ‡บ๐Ÿ‡ธ Mississippi
(Poorest State) $51,420
10 ๐Ÿ‡ฌ๐Ÿ‡ง UK $49,100
11 ๐Ÿ‡ซ๐Ÿ‡ท France $46,000
12 ๐Ÿ‡ฎ๐Ÿ‡น Italy $38,330
13 ๐Ÿ‡ฏ๐Ÿ‡ต Japan $33,810

Note: *U.S. territory in this case
Meanwhile, West Virginia, with the second-lowest per capita GDP,
surpasses all six of the other G7 nations.

These massive gaps in output could be surprising for those not paying
attention. The U.S. economy has surged since the pandemic, with its GDP
per capita increasing by $20,000 between 2020 and 2024โ€”a growth none of
the other G7 countries have matched, even when going all the way back to
2010.

Of course these last four years have also seen record inflation, and a
strengthening U.S. dollar, affecting these numbers.

G7 Country GDP per Capita
in 2010 GDP per Capita
in 2024 % Change
๐Ÿ‡บ๐Ÿ‡ธ U.S. $48,590 $86,600 +78%
๐Ÿ‡จ๐Ÿ‡ฆ Canada $47,630 $53,830 +13%
๐Ÿ‡ฏ๐Ÿ‡ต Japan $45,140 $32,860 -27%
๐Ÿ‡ฉ๐Ÿ‡ช Germany $43,230 $55,520 +28%
๐Ÿ‡ซ๐Ÿ‡ท France $42,200 $48,010 +14%
๐Ÿ‡ฌ๐Ÿ‡ง UK $39,640 $52,420 +32%
๐Ÿ‡ฎ๐Ÿ‡น Italy $35,960 $49,290 +37%
Nevertheless, thereโ€™s no denying America is staying ahead of its rivals.

And thereโ€™s a lot of factors to its success story in the last two
decades, as this article from The Economist covers well. A combination
of the shale oil revolution in the 2000s, tech sector boom in the 2010s,
and pandemic stimulus in 2020 have kept growth steady, even while
Europe, Canada, and Japan have struggled.

Adding to this: a vast consumer and capital market, integrated labor
pool, and hegemony on the worldโ€™s best universities is keeping the
flywheel of growth spinning.

Learn More on the Voronoi App
Americaโ€™s productivity gains versus the rest of the G7 are only set to
grow. Check out Projections for the G7โ€™s GDP per Capita by 2029 to see
how the other countries rank.

Enjoying the data visualization above?

Subject: Re: Ranked: U.S. States vs. G7 Countries by GDP per Capita
From: Jim Wilkins
Newsgroups: seattle.politics, or.politics, fl.politics, rec.aviation.military, soc.support.depression.family
Organization: A noiseless patient Spider
Date: Thu, 21 Nov 2024 23:15 UTC
References: 1
Path: eternal-september.org!news.eternal-september.org!.POSTED!not-for-mail
From: muratlanne@gmail.com (Jim Wilkins)
Newsgroups: seattle.politics,or.politics,fl.politics,rec.aviation.military,soc.support.depression.family
Subject: Re: Ranked: U.S. States vs. G7 Countries by GDP per Capita
Date: Thu, 21 Nov 2024 18:15:39 -0500
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"a425couple" wrote in message news:R3K%O.9037$rXyb.1735@fx48.iad...

from
https://www.visualcapitalist.com/ranked-u-s-states-vs-g7-countries-by-gdp-per-capita/

Ranked: U.S. States vs. G7 Countries by GDP per Capita Published 3 days
ago on November 18, 2024
By Pallavi Rao
Graphics/Design:
Anna Diederichs
See this visualization first on the Voronoi app.

This graphic compares the GDP per capita of G7 countries with the
richest and poorest U.S. states by the same metric.
---------------------
Europe has gotten what they asked for:
https://www.britannica.com/money/economic-system/Problems-with-socialism

"The socialist experiments of the 20th century were motivated by a genuine
interest in improving life for the masses, but the results instead delivered
untold suffering in terms of economic deprivation and political tyranny."

Socialism attracts misfits who couldn't succeed under any system.

Subject: Re: Ranked: U.S. States vs. G7 Countries by GDP per Capita
From: Baxter
Newsgroups: seattle.politics, or.politics, fl.politics, rec.aviation.military, soc.support.depression.family
Organization: A noiseless patient Spider
Date: Fri, 22 Nov 2024 02:58 UTC
References: 1 2
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From: bax02_spamblock@baxcode.com (Baxter)
Newsgroups: seattle.politics,or.politics,fl.politics,rec.aviation.military,soc.support.depression.family
Subject: Re: Ranked: U.S. States vs. G7 Countries by GDP per Capita
Date: Fri, 22 Nov 2024 02:58:04 -0000 (UTC)
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"Jim Wilkins" <muratlanne@gmail.com> wrote in
news:vhof14$rggq$1@dont-email.me:

> "a425couple" wrote in message news:R3K%O.9037$rXyb.1735@fx48.iad...
>
> from
> https://www.visualcapitalist.com/ranked-u-s-states-vs-g7-countries-by-g
> dp-per-capita/
>
> Ranked: U.S. States vs. G7 Countries by GDP per Capita Published 3
> days ago on November 18, 2024
> By Pallavi Rao
> Graphics/Design:
> Anna Diederichs
> See this visualization first on the Voronoi app.
>
> This graphic compares the GDP per capita of G7 countries with the
> richest and poorest U.S. states by the same metric.
> ---------------------
> Europe has gotten what they asked for:
> https://www.britannica.com/money/economic-system/Problems-with-socialis
> m
>
> "The socialist experiments of the 20th century were motivated by a
> genuine interest in improving life for the masses, but the results
> instead delivered untold suffering in terms of economic deprivation
> and political tyranny."
>
> Socialism attracts misfits who couldn't succeed under any system.
>
>

Meanwhile, tRump/Musk are planning to ban private ownership of
automobiles.

Subject: Re: Ranked: U.S. States vs. G7 Countries by GDP per Capita
From: a425couple
Newsgroups: seattle.politics, or.politics, fl.politics, rec.aviation.military, soc.support.depression.family
Organization: Newshosting.com - Highest quality at a great price! www.newshosting.com
Date: Fri, 22 Nov 2024 17:58 UTC
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On 11/21/24 18:58, Baxter wrote:
> "Jim Wilkins" <muratlanne@gmail.com> wrote in
> news:vhof14$rggq$1@dont-email.me:
>
>> "a425couple" wrote in message news:R3K%O.9037$rXyb.1735@fx48.iad...
>>
>> from
>> https://www.visualcapitalist.com/ranked-u-s-states-vs-g7-countries-by-g
>> dp-per-capita/
>>
>> Ranked: U.S. States vs. G7 Countries by GDP per Capita Published 3
>> days ago on November 18, 2024
>> By Pallavi Rao
>> Graphics/Design:
>> Anna Diederichs
>> See this visualization first on the Voronoi app.
>>
>> This graphic compares the GDP per capita of G7 countries with the
>> richest and poorest U.S. states by the same metric.
>> ---------------------
>> Europe has gotten what they asked for:
>> https://www.britannica.com/money/economic-system/Problems-with-socialis
>> m
>>
>> "The socialist experiments of the 20th century were motivated by a
>> genuine interest in improving life for the masses, but the results
>> instead delivered untold suffering in terms of economic deprivation
>> and political tyranny."
>>
>> Socialism attracts misfits who couldn't succeed under any system.
>>
>>
>
> Meanwhile, tRump/Musk are planning to ban private ownership of
> automobiles.

Baxter, where do you come up with such Bullshit?

Subject: Re: Ranked: U.S. States vs. G7 Countries by GDP per Capita
From: Baxter
Newsgroups: seattle.politics, or.politics, fl.politics, rec.aviation.military, soc.support.depression.family
Organization: A noiseless patient Spider
Date: Fri, 22 Nov 2024 21:05 UTC
References: 1 2 3 4
Path: eternal-september.org!news.eternal-september.org!.POSTED!not-for-mail
From: bax02_spamblock@baxcode.com (Baxter)
Newsgroups: seattle.politics,or.politics,fl.politics,rec.aviation.military,soc.support.depression.family
Subject: Re: Ranked: U.S. States vs. G7 Countries by GDP per Capita
Date: Fri, 22 Nov 2024 21:05:30 -0000 (UTC)
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a425couple <a425couple@hotmail.com> wrote in news:dD30P.209716$pZ%.101674
@fx16.iad:

> On 11/21/24 18:58, Baxter wrote:

>> Meanwhile, tRump/Musk are planning to ban private ownership of
>> automobiles.
>
> Baxter, where do you come up with such Bullshit?
>
>

You have your head up your ass, not paying attention.

Musk, and a few others, is working on robot taxis.

Read the writing on the wall - first he'll deploy fleets of robot taxis
putting taxi drivers out of work. He'll insist all these robot taxis be
teslas. Tariffs will make building sutomobiles extremely expensive. Then
because he's greedy and co-President he'll have puppet tRump ban private
ownership of automobiles.

Now go ahead and tell me that's not the future.

1

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