[OC] Countries with a higher GDP (PPP) per capita than the United States. (2021) Tags:ireland 7 comments The oil/gas rich, and the hooky financial systems. What’s the orange island directly above Europe? This doesn’t include the taxes then ? …. Paye / vat / excise / mortgage interest / usc / carbon / levies on fuel bills / levies on insurances etc etc etc All economic indices put us in a higher position than we really should be, but GDP per capita is another level of distortion altogether. Just because we have a high GDP doesn’t mean it filters down to us. Just saying. GDP isn’t a metric that’s applicable to Ireland Do we need a sticky post on this sub explaining why GDP is a meaningless measure for the economic activity in Ireland? Leave a ReplyYou must be logged in to post a comment.
This doesn’t include the taxes then ? …. Paye / vat / excise / mortgage interest / usc / carbon / levies on fuel bills / levies on insurances etc etc etc
All economic indices put us in a higher position than we really should be, but GDP per capita is another level of distortion altogether.
Do we need a sticky post on this sub explaining why GDP is a meaningless measure for the economic activity in Ireland?
7 comments
The oil/gas rich, and the hooky financial systems.
What’s the orange island directly above Europe?
This doesn’t include the taxes then ? …. Paye / vat / excise / mortgage interest / usc / carbon / levies on fuel bills / levies on insurances etc etc etc
All economic indices put us in a higher position than we really should be, but GDP per capita is another level of distortion altogether.
Just because we have a high GDP doesn’t mean it filters down to us. Just saying.
GDP isn’t a metric that’s applicable to Ireland
Do we need a sticky post on this sub explaining why GDP is a meaningless measure for the economic activity in Ireland?