Inequality

43 comments
  1. What the fu*k dude!

    You come from Czechia yourself and belive that bottom 20% of our country earn 472k CZK Netto (!) per year (basically 40k netto per month)? In which bubble do you live?

    EDIT: ah, it’s PPP . So the numbers basically mean nothing if you live in EU. I actually wonder how many people will read this correctly.

  2. Italy’s position in this metric is shocking – average income for the bottom 20% is less than $5000! That’s a bigger income inequality than the USA, and surely a figure that you can barely afford to live on?

  3. The average income in the bottom 20% in Czechia is higher than in Germany and Switzerland?

    I seriously doubt that.

  4. Should take account standard of living and such, an income/PPP per capita would be a better meassure, wich would highlight how the US situation is worse

  5. Being poor in the US means garbage health care, minimal to no dental care and unsafe neighborhoods . Is Slovakia that bad ?

  6. 2021 ???
    we are in 2023 after a heavy financial crisis, covid, war in the EU these data are obsolete, they have no reliability.

  7. Only that being poor and sick in the US is almost a death sentence – if not physical, then financial. Healthcare in Slovakia is free in principle, there are people paying a lot for meds but doctor/hospital visit won’t push you towards tens of thousands dollars debt

  8. isn’t russian average medium salary around 721$ month pre taxes? (721×12=8652 pre taxes), bottom 20 can’t obtain 10000$ per year until whole russia equal to moscow and st petersburg, or if majority have second jobs which doesn’t look realistic

  9. In the end, it doesn’t say much about the reality. Like about Switzerland, here you get a lot paid by the state with social welfare, i’m not even sure if this is included in the graph or if it is just “what the people have left after everything is paid and how much you can purchase with this”.

    Like the rent of your home, the payments for the healthcare insurance which is mandatory, this gets paid by social welfare if you can’t pay it for yourself anymore.

    Switzerland has extreme high costs of living, which also makes the statistic more incorrect, but in reality, you can cut down the costs with using discounters (like Aldi, Lidl etc.), you can have lower costs for apartements if you live outside of a city, while it is veeery expensive in the cities like Geneva, Zürich etc. to get an apartement at all.

  10. Russian average yearly income shouldn’t even be on this chart, it’s nowhere near that. BS data

  11. Except this only looks at income, and doesn’t factor in things like differences in social support, health care, other kinds of government services/subsidies/etc. I don’t think you can really make a meaningful comparison about someone’s quality of life without factoring these things in. I can imagine that the quality of life of someone in this income bracket in Chile would be quite different from someone in Italy, for example. I would also be surprised if the Slovakian poor are in fact poorer than the Americans when these factors are included.

  12. I have a really hard time believing some of these figures. The bottom 20% of earners in Italy are poorer, in absolute terms rather than even adjusting for cost of living, than those in Kazakhstan? Barely better than Chile?

    Even the average income figures don’t really hold up to scrutiny and match any of the usual figures. I’m sure there’s some insights in this but too much of it is clearly unreliable.

  13. No no no, you’re looking at it all wrong! It just means that the rich Slovaks are not reach enough to live to the standards of the US!

    /s

  14. Except the US has no meaningful welfare at all so they live on food stamps if they’re lucky and fear to get sick.

  15. Slovakia has universal healthcare. USA hasn’t.
    So beeing poor in Slovakia isn’t same as beeing poor in US. It’s better.

  16. Ah yes, I work with a masters in Norway, R&D lead designer on quite novel innovative tech, above average in income for an engineer, with additional expertise in innovation, and I am outperformed by many skilled workers when it comes to salary. Even some niche unskilled labour, like warehouse workers.

    Moving offices to HQ in USA would double my salary.

    It makes me both happy and slightly upset.

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