The US-UK Productivity Gap

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Institute of Economic Affairs

Institute of Economic Affairs

Күн бұрын

Пікірлер: 1 000
@bollard49
@bollard49 19 күн бұрын
So tell me this. I earn the mean average wage for the UK. My car is nicer than that of the average American. My life expectancy is longer, I have free health care and more holiday each year. I feel richer.
@rhys5567
@rhys5567 19 күн бұрын
You're comparing yourself to a false stereotype. Ignorance is bliss.
@rhys5567
@rhys5567 19 күн бұрын
Ps your health care is shit. In aust, average wait for elective surgery is 43 days. You're aiming .. aiming to reduce yours to 18 WEEKS. 126 days is your goal. The wait is currently 18 MONTHS in the UK. But sure, glad you're happy.
@kimamey
@kimamey 19 күн бұрын
​@rhys5567 It's served me well over 70 years, but it did need improving now.
@AshBohgan
@AshBohgan 19 күн бұрын
B.S. thats way us workers get $7 hour
@David-lb4te
@David-lb4te 19 күн бұрын
Yours is a naive comparison. Ideal Starmer fodder.
@wimlangedijk2414
@wimlangedijk2414 18 күн бұрын
Americans confuse money with happiness. The average western- European may earn a little less, but life here, i speak as a Dutch person, is much better than in the USA.
@Vanguard-c1u
@Vanguard-c1u 17 күн бұрын
Guess it's a mind-set...American TV (especially Fox) tells us that the sky is falling...we'll see!
@gedmahon63
@gedmahon63 14 күн бұрын
That's BREXIT for you 😮😅
@damonmusha6504
@damonmusha6504 14 күн бұрын
@@gedmahon63 stop posting the same thing over and over please.
@Kelly-45916
@Kelly-45916 13 күн бұрын
I don't think this man knows what he's talking about.
@Kelly-45916
@Kelly-45916 13 күн бұрын
​@@damonmusha6504KZbin shadows comments, so to the person posting it looks like their comment is being left.
@starguy321
@starguy321 18 күн бұрын
In Britain, more people are closer to the average of not being spectacularly wealthy or spectacularly poor. In America, the poorest are poor beyond imagination, and the wealthiest have wealth beyond the dreams of avarice. In 1950, the USA was far richer than not just the UK in GDP per capita, but the entire world. Yet, virtually everyone in the UK could read and write in 1950, whereas 10% of Louisiana’s population were estimated to be illiterate and ~3% of Americans in general were considered illiterate. If you consider as well those poor hicks up in the Appalachian mountains, or in the Bayou, or stuck out West in dormitory towns and tent cities and commuting into the wealthy cities of America, you find that productivity bonus means nothing when there’s no food on the table and barely a roof, if any, over the head
@benevans7871
@benevans7871 17 күн бұрын
This is a good point. Look at income and wealth distribution as a measure of fairness and then compare UK to other markets.
@tancreddehauteville764
@tancreddehauteville764 12 күн бұрын
Not true. Britain has some of the most desperate poverty in the developed world.
@TheManunderwater
@TheManunderwater 11 күн бұрын
What's the source of your information?
@Mr_Fairdale
@Mr_Fairdale 11 күн бұрын
"See it ain't so bad over 're. My life is somehow improved because there's poor people in America. Musn't grumble."
@rebeccawoods2481
@rebeccawoods2481 11 күн бұрын
@@starguy321 Good summation.
@BombusMonticola
@BombusMonticola 17 күн бұрын
Still rather live in the UK. Not be shot. Or made bankrupt through ill health. So push off😂
@KSmith-yp9uk
@KSmith-yp9uk 15 күн бұрын
you a one of the few UK is far worse now than USA
@BombusMonticola
@BombusMonticola 15 күн бұрын
@KSmith-yp9uk Rubbish. The US has turned into a divided banana republic headed by one of the worst presidents you've ever had. I'd rather be here in our parliamentary democracy every time. Your electoral system is one of the worst gamed and bought elections there is. It's grotesque and its too long.
@lyndaslade4
@lyndaslade4 14 күн бұрын
Gun crime and knife crime in the UK is rife.
@BombusMonticola
@BombusMonticola 14 күн бұрын
@lyndaslade4 rubbish
@horseobrien395
@horseobrien395 14 күн бұрын
Erm have you forgot that labour are now in charge
@mahon257
@mahon257 18 күн бұрын
This is bullshit. Uk workers have a better work life balance. We have a lower homeless rate. We have healthcare that doesn't require us to sell our house when the "for profit" insurers decide not to pay... we don't give guns to the mentally ill... i could go on... quality of life is wayyyy more important
@PeterD-k1n
@PeterD-k1n 16 күн бұрын
$8 million pounds a day to pay for illegals, OK Starmer 🤣🤣🤣
@CameronBoyd-j8j
@CameronBoyd-j8j 16 күн бұрын
Your so called free Medicare is not free whatsoever the tax payer pays
@Dmanz67
@Dmanz67 16 күн бұрын
@@mahon257 He uses Mississippi as an example.. Mississippi life expectancy - 70 years, UK is 82 years.. that is absolutely shocking.
@GillMosley-wo9mf
@GillMosley-wo9mf 15 күн бұрын
Talking out of his arsehole.
@jameschamberlain5817
@jameschamberlain5817 15 күн бұрын
In both countries, if you're a high earner, the quality of life is similar, if not better in the states. If you're poorer,everything becomes less affordable. The only difference is that there is a class system in this country that fundamentally rules out the rich from the poor. The quality of life as a homeless person in the uk would most likely be "better" than that of an American homeless person. The reality is, is that there is enough EASILY to prevent homelessness across any country. In my opinion, billionaires should not be allowed to be billionaires. There should be a cap on how much wealth an individual has, and the rest of the money should be given to poverty, education, policing, transport, etc. People would argue that wealth is through entitlement, but poverty is not. The balance of greed outweighs everything, and within greed, corruption and all other sin lies. This is the fundamental problem with society.
@nigeltrivass4128
@nigeltrivass4128 18 күн бұрын
The United Kingdom has a significantly higher median salary compared to the state of Mississippi. The median annual salary in the UK is approximately £33,000 as of 2024, which converts to roughly $41,000 USD (based on an exchange rate of 1 GBP ≈ 1.24 USD). Mississippi has one of the lowest median incomes in the United States. As of 2023, the median income was $30,529. While Mississippi (and the U.S.) offers some advantages, particularly for those who value lower taxes and personal choice in certain areas, the UK provides a much stronger safety net for healthcare, education, and income support, which is more accessible and equitable for most residents.
@MyCastleHepworth
@MyCastleHepworth 19 күн бұрын
I’ve googled what he’s saying here,and he is not telling the full statistical story. I urge any you reading to do and fact checking here…as you should do with all social media claims.
@christopherdean1326
@christopherdean1326 9 күн бұрын
I don't need to "fact check" because I don't give a rat's ass what he's saying anyway.
@MyCastleHepworth
@MyCastleHepworth 9 күн бұрын
@ Yes,that’s kind of the problem with the world these days..🤦‍♂️
@jackbolland-tw6mi
@jackbolland-tw6mi 6 күн бұрын
@@MyCastleHepworthWhat statistics were wrong?
@danw5760
@danw5760 4 күн бұрын
Why would you not present your criticisms here? Makes it seem like you didn't find anything meaningful
@MyCastleHepworth
@MyCastleHepworth 3 күн бұрын
@@danw5760 Roubles or crypto..?
@owenjoseph7648
@owenjoseph7648 19 күн бұрын
I take it this is to justify the way workers are treated in the US and the appaling distribution of wealth. What nonsense.
@shannonhenson609
@shannonhenson609 18 күн бұрын
Wealth is earned in the US.....not "distributed". 🙄
@owenjoseph7648
@owenjoseph7648 18 күн бұрын
@@shannonhenson609 I suggest you look up the economic term "distribution of wealth" You'll thank me. Every day is a school day. No offence taken.
@shannonhenson609
@shannonhenson609 18 күн бұрын
@@owenjoseph7648 Tell me something, Einstein. How are workers "treated in the US"? Take me to school. 🤔
@namesurname624
@namesurname624 18 күн бұрын
I take it you haven't watched the full video peasant
@patvine1293
@patvine1293 18 күн бұрын
What is appalling about the distribution of wealth in the United States?
@RogerPeplow
@RogerPeplow 16 күн бұрын
Had a bit of an accident in the states, $3300 ambulance ride for less than 10 miles, that was just the start of the rapidly rising bill, even with insurance, broken arm damaged back in the UK, helicopter ride to hospital, ambulance waiting, 3 days in hospital, 5 months physiotherapy, no charge, worked in the US for 10 years the employer work ethic is appalling,
@davidsimerly9212
@davidsimerly9212 17 күн бұрын
Nonsense and piffle! According to BEA US RGDP per capita was $66,813. For Mississippi it was $39,102.69. According to CIA World Factbook, the RGDP per capita of UK was $54,100. (All numbers for 2023). Add the fact that the UK offers universal healthcare for its citizens, and it is obvious that the UK is a much better place to live than Mississippi.
@danw5760
@danw5760 4 күн бұрын
The UK doesn't "offer" free healthcare, it takes the payment by force and makes you wait 18 months for the service. I know from experience.
@triffid68
@triffid68 6 сағат бұрын
We don't have to travel huge distances to get about in the UK
@Deeejjj64
@Deeejjj64 18 күн бұрын
And yet the Uk has a much higher happiness planet index.
@3xitthewarrior
@3xitthewarrior 17 күн бұрын
Does it f u c k. Everyone I know who lives in a UK city is f u c k i n g miserable.
@unigaming9921
@unigaming9921 5 күн бұрын
one of the most disregarded "indexes," due to it's absolute nonsense
@Deeejjj64
@Deeejjj64 4 күн бұрын
@unigaming9921 says the over worked miserable American
@duncanbedford4765
@duncanbedford4765 18 күн бұрын
As long as that deters Americans from coming here that's fine😂❤
@biglen2466
@biglen2466 18 күн бұрын
Bit harsh but funny.
@duncanbedford4765
@duncanbedford4765 18 күн бұрын
@biglen2466 ❤
@twintailsanimations4973
@twintailsanimations4973 4 күн бұрын
Yes, they're all lining up to go to the UK😂
@travlboi04
@travlboi04 18 күн бұрын
What an absolute pile of crap. Lower wages, poorer healthcare, worse job protections, and no damn holidays compared to the UK. Who is this that?
@patvine1293
@patvine1293 18 күн бұрын
That explained why everyone is abandoning their home countries and immigrating to the UK. The land of holidays and government provided healthcare.
@j.w.matney8390
@j.w.matney8390 17 күн бұрын
You proved his point about productivity. A Muslim "migrant" will receive health care before you. The police will arrest you for complaining about it on the internet. And your government finally admitted that Pakistani gangs were raping minor women for the past two decades. Your extra holidays don't mean much in that light, do they?
@orbazel
@orbazel 15 күн бұрын
All that is true and you’d have a point if he was making the argument for life expectancy and standard of living. He’s talking about GDP for the nation and GDP per capita.
@pieterzuiddam
@pieterzuiddam 15 күн бұрын
@@orbazelA higher GDP does not help if it is combined with a higher inflation, like it is the case with the USA. In the end you still are poorer.
@antonijaume8498
@antonijaume8498 14 күн бұрын
​@@pieterzuiddam AFAICT proper GDP "discount" inflation.
@user-xz1fh4nv3x
@user-xz1fh4nv3x 15 күн бұрын
What he doesn’t tell you is that the average US worker has far less leave, worse healthcare costs, and cheaper food that makes him sick leading to health issues he’s not covered for. Guess I’ll stick with the UK
@unigaming9921
@unigaming9921 5 күн бұрын
*yawn* is that all you have? Every comment seems to be that one thing. It doesn't seem you really have much going for you if people struggle to find anything other than a comparison between their healthcare system and american healthcare (not even that really, more a poor understanding of american healthcare)
@user-xz1fh4nv3x
@user-xz1fh4nv3x 5 күн бұрын
“Is that all you have?”. Actually, it’s all I need 😉👍
@unigaming9921
@unigaming9921 5 күн бұрын
@user-xz1fh4nv3x lol sure
@user-xz1fh4nv3x
@user-xz1fh4nv3x 5 күн бұрын
I am
@paulturley2527
@paulturley2527 17 күн бұрын
Free speech doesn't mean you can lie and say it as fact.
@Sheepfluent
@Sheepfluent 16 күн бұрын
I’m afraid he’s right
@Mikesniezek
@Mikesniezek 16 күн бұрын
Numbers need reference.
@edism
@edism 14 күн бұрын
​@@Mikesniezek you mean sources or citations? What he is telling you is well known but you can look it up.
@M4rky71
@M4rky71 18 күн бұрын
The issue is productivity, GDP growth and wealth is a terrible measure of happiness. Americans take little leave, don’t take holidays, and are dreadfully unhealthy. The difference between the two countries is, we don’t live our lives in a frantic, winner takes all, miserable way. Look at your life and times, and if you need to carry a gun, maybe you’re on the wrong side of the argument.
@tancreddehauteville764
@tancreddehauteville764 12 күн бұрын
Rubbish. What all these Americans tourists you see everywhere in the summer doing then?
@danw5760
@danw5760 4 күн бұрын
They're good measures of material comfort though, which is a good starting point for happiness
@M4rky71
@M4rky71 4 күн бұрын
@ How?
@obi-ron
@obi-ron 18 күн бұрын
A bachelor degree in the US takes a year longer to complete than in the UK because what the American has to learn in the first year is what Brits know leaving high school, without having paid $30-50k for it. The Brits have greater access to decent food, which is why the average heights of UK males and females is one inch taller than the average American male and female. Dipstick on screen has suspect figures and is using false comparisons to try to make his case. The average UK worker would be able to work through the year because he or she has greater freedom in obtaining time off, is protected by a framework of legal safety requirements, and prohibitions against employer exploitation like the ones perpetrated by American corporations. False equivalency when the poor states in the US are more dependent on the funds provided by wealthier states and have 0% growth in many industries. Propaganda may sound good but reality is hard for corporatists to deal with.
@terriem3922
@terriem3922 15 күн бұрын
Totally propaganda. Baloney. Malarkey. Prepostery. This might apply to corporations, but people are not corporations.
@jackmetcalfe8542
@jackmetcalfe8542 13 күн бұрын
Your comment regarding height is incorrect US heights are shorter due to the hogh numbers of Mexicans and South Americans in the population
@IceRungs
@IceRungs 12 күн бұрын
​@@jackmetcalfe8542 you can't even make the argument that brits have better food than Anericans based on height alone..like that's such bs There's so many factors affecting height, and it becomes more complex in a large population
@jackmetcalfe8542
@jackmetcalfe8542 12 күн бұрын
@ what is really interesting is that British children at age 5 are much shorter than European kids at the same age, and researchers do think it could be due to bad diet
@tancreddehauteville764
@tancreddehauteville764 12 күн бұрын
Height difference is simply because the US is more multi-racial than even the UK, nothing to do with food. The UK has excessively narrow specialisation in 16-18 education and kids are expected to commit to a career at 16, which is ridiculous. You have to pay for college education in the US, but you earn 50% more than in the UK once you graduate. The UK state pension is the LOWEST in the developed world, and is even lower than US social security, which you can claim at 62, not 66 (soon to be 67) as in the UK.
@Reece-h5l
@Reece-h5l 19 күн бұрын
It's ludicrous to suggest the general population of the UK is poorer than the US. Distribution of wealth in the USA is far worse than the UK.Total wealth divided by population is a worthless comparison .In a country with a lower GDP the population can be better off just by a more equitable distribution.The US is the most unequal unjust country in the world.
@JosephineHarvey-q9v
@JosephineHarvey-q9v 18 күн бұрын
The certainly are
@richfrench288
@richfrench288 11 күн бұрын
Yes certainly worse than Russia, Saudi Arabia etc
@rebeccawoods2481
@rebeccawoods2481 11 күн бұрын
@Reece-h5l ...but in the US, they're all very grateful for one week of paid time off. 😂😅 The wages may be higher, but their bills are extortionate in the US. Moreover, their personal debt in credit cards and loans is far in excess of the average UK worker.
@JosephineHarvey-q9v
@JosephineHarvey-q9v 11 күн бұрын
@@richfrench288 I would go that far
@JosephineHarvey-q9v
@JosephineHarvey-q9v 11 күн бұрын
@@rebeccawoods2481 I've lived there for a while and for all our problems here it's certainly a whole lot better here
@Dmanz67
@Dmanz67 19 күн бұрын
Nonsense, he's taking productivity as the only meaningful measure. The UK is the 7th richest country in earth.
@cpater5397
@cpater5397 18 күн бұрын
Just cause they’re GDP is high doesn’t mean they’re rich that’s not distributed equally
@George-vf7ss
@George-vf7ss 18 күн бұрын
Most of that is because of finance and banking in the city of London.
@XtergoBlue
@XtergoBlue 18 күн бұрын
It's not because we produce or own value things but the way our banks move things around the world. If you travel to other countries it's pretty obvious the UK is in the worst shape atm
@Dmanz67
@Dmanz67 18 күн бұрын
@@George-vf7ss That's like saying Saudi Arabia isn't rich because it's mostly oil! Britian is a Service Economy, banking is a service. The man in this video isn't just wrong, he's deliberately misleading.
@sonysmith8445
@sonysmith8445 18 күн бұрын
The Banksterz usually sucks the average person's future earnings!
@davidmenasco5743
@davidmenasco5743 14 күн бұрын
There's a trick here. As Richard Wolff has noted, the term "productivity" is really a euphemism for profit. It is defined as how much money the employer gets out of an employee's work. So higher productivity has no connection at all to the worker's standard of living.
@maskellmaolseachlainn6347
@maskellmaolseachlainn6347 18 күн бұрын
Only a narcissist could deliver such abject nonsense with such conviction
@CozzyBbz
@CozzyBbz 12 күн бұрын
*an American 😂
@thefloyd8872
@thefloyd8872 10 күн бұрын
Yes he's delusional
@frankiefuryland
@frankiefuryland 10 күн бұрын
You spelt "cunt" wrong x
@jimlonsdale3830
@jimlonsdale3830 16 күн бұрын
The reality is there is nowhere in the UK as deprived as the black states of USA. The disparity between rich and poor in the US is vast....
@thomaskraus5125
@thomaskraus5125 21 күн бұрын
America's economic growth was 2.1% over the first two decades of the 21st century. The lowest economic growth in America in the last 100 years.
@danw5760
@danw5760 4 күн бұрын
Isn't their economy twice the size of Europe's, despite being about equal in 2008?
@Trevor-vg4qv
@Trevor-vg4qv 9 күн бұрын
When we have a baby, it costs nothing, if you want an allotment ( small field) to grow food, £25 per year,we have about 30 paid days off per year, there are many differences, we could make a similar video knocking america
@AshBohgan
@AshBohgan 19 күн бұрын
Usa worker earns $7.a hour. Your full of BS.
@Ricky-dt4qv
@Ricky-dt4qv 18 күн бұрын
20 dollars an hour is minimum wage in America... Biden has increased it some time ago. Truth ,Britain is worse off...
@Ricky-dt4qv
@Ricky-dt4qv 18 күн бұрын
20 dollars an hour is minimum wage in America... Biden has increased it some time ago. Truth ,Britain is worse off...
@JB-er7zz
@JB-er7zz 18 күн бұрын
In the US the average salary is $63,795. You might say that is skewed by afew billionaires but even the median (middle distrubution) is $59,384. This would be £50,883.96 and £47,367.65 respectively. The average and median mage in the UK is £34,963 and £31,285
@ccemcoffingonzalez5304
@ccemcoffingonzalez5304 17 күн бұрын
​@@JB-er7zz gross or net?
@rebeccawoods2481
@rebeccawoods2481 16 күн бұрын
​@JB-er7zz I'd ask, what's the average cost of health care per year in the US? In the UK, it's zero. Average paid time off per worker? In the UK, it's 20 days by law, plus 8 Bank hols. My monthly mobile (cell) bill is £8, iD mobile. 50GB data, unlimited texts and calls. Virgin fibre broadband £28 pm. Perspective.
@leonywheeler5174
@leonywheeler5174 6 күн бұрын
It's better here in the U.K. even if our economy is not good because of the liebour government! It depends of the individual who lives here also we have NHS free not like America they are paying! I still love U.K. very much compare to America!!!!!!
@gavinellis8309
@gavinellis8309 17 күн бұрын
So what I gather from this is us workers are more exploited and an exploiter like this is therefore happy about this. What's the point of bragging about what you produce if the people who benefit from It are those at the top while the workers work themselves to death with lousy healthcare and very little free time to enjoy the money they earn. This guy smacks of a Republican in the pocket of big business and as far as I'm concerned he can jump on a plane and head straight back to the good old us we're fine here.
@daniellittlewood8471
@daniellittlewood8471 19 күн бұрын
Would you trade with the average person in Mississippi? I wouldn't.
@vinceb4380
@vinceb4380 17 күн бұрын
In the USA you are more likely to get shot or die from Fentanyl poisoning. Of course in America everything has to be bigger and grander than anywhere else. It's part of their Big Headed Ego! 😂😂😂
@Vanguard-c1u
@Vanguard-c1u 17 күн бұрын
Hey, thanks to the Huckabees, the South seems to get better and better, and better...
@seasonmists
@seasonmists 18 күн бұрын
50% of USA citizens own less than 2% of the overall wealth. 😂
@Vanguard-c1u
@Vanguard-c1u 17 күн бұрын
Ah, Capitalism!
@tancreddehauteville764
@tancreddehauteville764 12 күн бұрын
It's called being rewarded when you produce.
@Vanguard-c1u
@Vanguard-c1u 12 күн бұрын
@@tancreddehauteville764 Or be born into a successful family, get a good job through contacts or ability, be able to afford the education you want, get lucky in the markets, have good health, stay married, etc….
@seasonmists
@seasonmists 10 күн бұрын
@tancreddehauteville764 It's really not the case. Money breeds money and the extra money is used to buy assets from the poor or the poor could have with hard earned money. Sitting on wealth produces nothing but for robbing the poor's resources.
@JT-rx1eo
@JT-rx1eo 10 күн бұрын
😂 And yet that 50% is richer than the average Brit. The Leftist European fascination with "inequality". America's "inequality" is far better than your equality of misery.
@jonsmith1067
@jonsmith1067 19 күн бұрын
Cash...not living standards. Just come back from the hospital, broken wrist, x ray, nurse, doctor to check and another nurse to put a cast on... No charge...we live in a society. We win.
@namesurname624
@namesurname624 18 күн бұрын
Your comment vs the full video shows why the masses need to be managed. Too stupid and impatient
@danw5760
@danw5760 4 күн бұрын
Delusional. I'm waiting 18 months for a serious concern... But it's all good cause you say I live in a society. Delusional.
@Nehemiah_Scudder
@Nehemiah_Scudder 18 күн бұрын
I go out for a meal and I pay just for the meal I ordered. I am not expected to also pay the wages of the wait staff on top of the bill.
@scots_knight4706
@scots_knight4706 15 күн бұрын
I think it was 2023 America had 630 mass shootings, since our one school shooting back in 1996 they've had hundreds. Health care bills in America are the number one cause of personal bankruptcy and gun violence is the leading cause childhood deaths. I rest my case I'm very happy to be in the UK 🇬🇧🏴󠁧󠁢󠁳󠁣󠁴󠁿
@wiszak9370
@wiszak9370 10 күн бұрын
At least Americans got their independence and not slaves for England anymore
@ConemanD
@ConemanD 14 күн бұрын
As a Brit i can tell you that my wage has doubled in the last 10 years, but i csn do less with that money than i could 10 years ago. The NHS sucks. Going private litterally saves lives- diagnosis is better private, but more importantly, wait times are less. The traffic and roads are terrible and the contractors absolutely rinse the government coffers because there is noone in government qualified to know how much a job should cost or how long it should take. There are too many pencil pushers and middle management in government. Managers with great pensions that are literally pointless. Property prices are ridiculous. Becoming a landlord has become a nightmare. In many ways, it's easier to buy a house and leave it vacant than it is to rent it out (if your rich). The solutions are so simple 1) birth rate is 1.57 to make it 2.1 you need a net of 250,000 desirable legal immigrants to make up the numbers. Not 650,000 legal +100k illegal. 2) the benefits system is poor. Seasonal work such as fruit picking should be topped up with benefits because currently it's more cost effective to just stay on benefits as an individual. 3) produce more than we use 4) become contenders in the development of AI 5) develop national pride so people want to improve the country and not rinse it or otherwise work against it. 6) cut government middle management and hire people who understand the true cost of contracted work. 7) develop good global relations, particularly with the commonwealth with tax free trade. 8) prevent the export of £.
@alexellz
@alexellz 18 күн бұрын
“Average” means very little compared to “median”. This guy should be redacted from the net
@danw5760
@danw5760 4 күн бұрын
Why are you always like that
@CrustyAbsconder
@CrustyAbsconder 18 күн бұрын
Who is his audience ? Kindergardners in Nairobi ?
@FS-mt5qu
@FS-mt5qu 20 күн бұрын
All Hogwash
@tinyleopard6741
@tinyleopard6741 20 күн бұрын
A small change in % of GDP growth each year means a huge difference after a generation.
@charlo90952
@charlo90952 19 күн бұрын
And the richest US cities are full of homeless.
@cheeseball-44
@cheeseball-44 19 күн бұрын
UK has more homeless per capita
@charlo90952
@charlo90952 19 күн бұрын
@cheeseball-44 there's a distinction between homeless and rough sleeper in UK. The homeless are not necessarily on the streets.
@cheeseball-44
@cheeseball-44 19 күн бұрын
@charlo90952 that's the same everywhere mate
@charlo90952
@charlo90952 19 күн бұрын
@@cheeseball-44 yeah. It's a pretty crappy system.
@deankeith2507
@deankeith2507 15 күн бұрын
@@cheeseball-44 bullshit
@GP-qn5sx
@GP-qn5sx 18 күн бұрын
mississipi GDP190 billion, uk GDP 3.34 TRILLIONS
@wiszak9370
@wiszak9370 10 күн бұрын
The comparison is per capita, yo morn
@superdavidc1
@superdavidc1 17 күн бұрын
It is after 14 years of tory misrule, also britshit,leaving the EU, it might improve under Labour.
@carl48uk
@carl48uk 15 күн бұрын
No, No it won't
@superdavidc1
@superdavidc1 15 күн бұрын
@carl48uk Yes it will, but you will still think the tories would do better.
@YvonneDollery
@YvonneDollery 14 күн бұрын
Yer right 😂😂
@superdavidc1
@superdavidc1 14 күн бұрын
@@YvonneDollery I know I am.
@lynnehamilton9257
@lynnehamilton9257 18 күн бұрын
He's talking productivity? So American workers are more exploited than those in UK?
@gamble9437
@gamble9437 19 күн бұрын
This is a bit missleading. In absolute terms he is correct. In relative terms he is not correct. Yes, wages are on average, lower in the UK but things are also a lot less expensive. Add in free health and dental and a world class welfare system and suddenly things dont seem as bad.
@roberw1912
@roberw1912 15 күн бұрын
It's depressing. Social programmes are expensive and we pay for them in taxes they are not free
@petermoate5412
@petermoate5412 18 күн бұрын
For his talk to have any meaning, he should be talking about median incomes and then the median income in UK would be greater than median income in the USA. This guy needs to apply for the job of CEO at United Health Care.
@richardperkins2781
@richardperkins2781 13 күн бұрын
Productivity is a euphemism for squeezing the absolute most of the workers while the execs, shareholders reap the benefits.
@feltum
@feltum 18 күн бұрын
You're talking out your arse, son!
@mariospacagna2132
@mariospacagna2132 16 күн бұрын
The UK is more sane than the average US worker because our employees have a decent time off and have a much better life work balance and does not risk either being shot or go bankrupt from a health bill
@Manclad-wv1zy
@Manclad-wv1zy 18 күн бұрын
You’re talking about production not personal wealth or health . That so called extra production sits with the mega wealthy. Keep believing your bull … many of us have been to your country , most of you haven’t been outside your own state … unless it’s to Mexico.
@alfreddunn03
@alfreddunn03 12 күн бұрын
If you ever go to America and listen or read their versions of history, you realise that they tell and teach the American people a completely different version of what actually happened and is happening.
@philipnorthfield
@philipnorthfield 20 күн бұрын
Before just accepting this look at the gini coefficient of these two countries. This is a representation of the inequality of the population. To explain the reason this is important take two imaginary nations one with a GDP of two million dollars one with a GDP of one million dollars both nations have a population of one hundred people. In the forma nation one individual has a 1.5 million share of that every other citizen has just 5050 dollars. Now take the second nation which is highly equal here every citizen has 10,000 the million divided equally between them. The first nation has literally double the GDP but for the vast majority of the citizens they have half what those in the poorer nation have. This isnt obviously a real world scenario merely an example but it may help explain why the UK has universal healthcare and its citizens have a life expectancy five years greater than that of the USA. Distribution matters!
@thomasirvine-yx6cl
@thomasirvine-yx6cl 17 күн бұрын
Speaking of corporate overlords and gas lighting
@matthewmarsh9760
@matthewmarsh9760 19 күн бұрын
Still whooped your arse in the war games last year tho didn’t we 🇬🇧
@peterhandy2551
@peterhandy2551 17 күн бұрын
They always misuse or misunderstand the word 'Average'. The number of Billionaires in the USA elevate the 'average' of the US wage but dont make the poor better off.
@michaeltse6961
@michaeltse6961 17 күн бұрын
Why does the world think USA is the greatest nation on earth. When they voted Trump for a 2nd term. It says a lot about the country. 🤣😂
@JamesBrown-mj8ec
@JamesBrown-mj8ec 17 күн бұрын
They voted for trump to rid themselves of the obscene Democrats who were all for child sex changes regardless of whether or not the child realizes what they were doing to them. And that’s just one of the many things the democrats were literally forcing on the people. And you think that’s okay and should have voted for the democrats?? Wake up you were last in the queue when they were handing out the brains.
@PaulPendor
@PaulPendor 10 күн бұрын
I saw a statement once that said Americans are in a perpetual state of panic. Panicking about losing healthcare, panicking about going bankrupt due to medical bills, panicking about their kids going to school and being shot.
@petemason5739
@petemason5739 17 күн бұрын
Who is this? When was this? And why is he getting so much wrong?
@raywilliams2737
@raywilliams2737 17 күн бұрын
Just got back from Boston where the cost of living is about double that of the UK. 2 plastic cups of red wine at the Boston Pops, 37 dollars. Food quality is frankly shameful. which
@MM-eu5re
@MM-eu5re 17 күн бұрын
As an American, I smell propaganda
@terriem3922
@terriem3922 15 күн бұрын
👃🏼😉🙃
@Brit_Toolmaker
@Brit_Toolmaker 11 күн бұрын
It's exactly that, cool aid for the masses to keep the circus going.
@asimsparks
@asimsparks 14 күн бұрын
As things stand today, Kabul is Safer than any of the major US cities.
@gregorygirard5290
@gregorygirard5290 18 күн бұрын
Get rid of the green new deal b.s. carbon taxes, excessive regulation on farmers, start actually building ships again 😮
@specialized500
@specialized500 18 күн бұрын
That's very silly why do you bother ?
@paulmckinley2908
@paulmckinley2908 17 күн бұрын
Ive visited the USA and hand on heart I would still live in the UK by choice,anyday(and for all its faults).
@timothy6227
@timothy6227 19 күн бұрын
This is all down to currency exchange rates. America's currency wouldn't be worth half what it is if it wasn't the world's reserve currency
@severussin
@severussin 17 күн бұрын
It is though.
@timothy6227
@timothy6227 17 күн бұрын
​@@severussinFor now 😂
@bell191991
@bell191991 4 күн бұрын
UK workers get 25 days of annual leave, which employers can't pressure us into not taking. Americans get 10 days of vacation, and are looked down on if they take all of them, and pressured to work as much as possible.
@jonathanbeattie3410
@jonathanbeattie3410 19 күн бұрын
Statistics can be bent to meet your goals, I get 45 days paid holiday a year, private health care with my job with an NHS for everyday issues. My life expectancy is longer and my kids go to school without the fear of being shot.
@Deomnibusdubitandum274
@Deomnibusdubitandum274 9 күн бұрын
That is because wages are lower in the UK. So when you say poorer what are you equating that to? As we don’t pay for our healthcare through insurance and have deductibles. In addition, food, medicine, holidays, flights are cheaper in the UK. We also get minimum 33 days paid leave, better paternity leave, cheaper childcare costs, better sick leave. Thus, you have to consider all these metrics.
@naylorbroughton1159
@naylorbroughton1159 18 күн бұрын
Was in the UK in 2022 for a month, Jubilee. I visited relatives in North Wales. Yeah, looks as bad...if not worse than some of the poorer rural regions of the USA. Also.......sure, healthcare is free. Try getting an appointment in North Wales. Six month wait times in some cases.
@vinceb4380
@vinceb4380 17 күн бұрын
Build Back Better. Boyo! 😂😂😂
@joebloggs2352
@joebloggs2352 18 күн бұрын
What about the unemployed , are they better off in the U.S. ?
@davidellis7746
@davidellis7746 18 күн бұрын
This guy is talking absolutely rubbish
@karlabritfeld7104
@karlabritfeld7104 15 күн бұрын
Who is he anyway??
@eezy251able
@eezy251able 18 күн бұрын
If the UK was the size of the states it would be a completely different outcome.
@jamesmcgarry1229
@jamesmcgarry1229 15 күн бұрын
Problem is the use of the word “average”. Inequality is even worse in the US than the UK, so comparing median is a truer comparison.
@gregfaris6959
@gregfaris6959 20 күн бұрын
And the UK is richer and more productive per capita than any EU country
@michaelarmstrong2251
@michaelarmstrong2251 20 күн бұрын
Completely wrong
@springer3783
@springer3783 19 күн бұрын
It is of the larger ones, the problem is the eu is great for small countries that get all the benefits but carry none of the burden. The top 5 eu including uk economies are all in major decline because they essentially have to accept decline to allow everyone else to raise up
@Dan-l2y2r
@Dan-l2y2r 19 күн бұрын
Yeah, but the average Brit is MEAN 😂
@byrnemeister2008
@byrnemeister2008 18 күн бұрын
No it isn’t. We are way behind the leaders. Ireland, Scandinavian countries, Germany. The east Europeans are poorer but growing rapidly with lots of nice shiny infrastructure. We are stagnant with the likes of Italy and Spain. But slipping down the lead table bit by bit.
@springer3783
@springer3783 18 күн бұрын
@@byrnemeister2008 France , Germany , uk , Spain and Italy are no longer industrial countries, they’ve had to accept decline to spread wealth around. It’s the eu model .
@chrisbrown6168
@chrisbrown6168 13 күн бұрын
Let’s talk about life in the UK; - Free healthcare - Legal minimum 28 days paid annual leave (including bank holidays). US has no legal minimum - Paid maternity and paternity leave - Children don’t worry about getting shot at school - Cost of rent is on average 22% lower in UK than US - Groceries are approximately 33% lower in the UK compared to the US - Average life expectancy is 4-5 years longer in the UK than the US We might not earn as much, but I’ll accept that for what we do get instead
@Crimeajewel-me3me
@Crimeajewel-me3me 20 күн бұрын
Uk is taxed into poverty. The tax reduces the incentive.
@philipnorthfield
@philipnorthfield 19 күн бұрын
@Crimeajewel-me3me I am not certain it does. If removing or reducing money through tax for example disincentivizes people from work and giving them more incentivizes them to be more industrious.... Then just making big increases to minimum wage would result in big jumps in productivity so as a society why don't we do it? In fact if people are particularly motivated by money or income and it could be assumed that those that earn or want to earn the most are the most motivated by money then increasing tax on them progressively would result in their becoming more industrious in order to make additional money to replace that paid out in tax.
@AhmedAdams-w2n
@AhmedAdams-w2n 19 күн бұрын
It's got nothing to do with being taxed you moron
@elbacr9501
@elbacr9501 19 күн бұрын
So following your claim - lowering wages disincentives workers. The UK therefore has been disincentivising workers since the election of Margaret Thatcher. That is your problem.
@grahamdaley4224
@grahamdaley4224 19 күн бұрын
US workers pay $8000 per year for health insurance. I pay £2000 and get ALL my healthcare needs met for free. Plus my kids go to school and I know they're coming home 😂😂😂😂😂
@edda682
@edda682 19 күн бұрын
@@elbacr9501 I love Thatcher you commie.
@torefoss7654
@torefoss7654 15 күн бұрын
It's important to remember that when there are a few super-rich individuals, they push the average upwards, but this doesn't reflect what the average citizen has. In the US, for example, three people own as much wealth as the bottom 50% of the population. If wealth is calculated statistically in this way, the wealth of these three individuals is distributed across the bottom 50%, and it ends up looking good on paper... In order to show how the majority of people are living it would be more accurate to exclude the top 10% AND the bottom 10% because they are not representative of how a society is doing as regards to personal wealth.
@jamesmacdonald9527
@jamesmacdonald9527 7 күн бұрын
I still think we have a better life here. My manager informed me today that I need to take 3 weeks of holiday time before April as I've not taken enough time off but I did have 2 weeks off in summer plus my Xmas holidays
@garyfrancis6193
@garyfrancis6193 13 күн бұрын
I think this has been true at least since WW2. I have seen videos from the late 1950’s from Britain when it was still a luxury for Brits to have a telephone or home washing machine. When I was there in 1974 British people seemed poorer than back home in Canada. That’s why after WW2 , so many Brits emigrated to the colonies: Canada, Australia, New Zealand because they could have a standard of living there they could never have in England. Mass immigration to the UK could only have made it worse.
@davidholgate123
@davidholgate123 11 күн бұрын
Yet when i go to the US, waiters are begging for tips to survive, there's far more addicts, homeless and tent cities on the streets, the buses, subway and trains all look like they're from the dark ages and many of my American friends talk about not going to the doctor or hospital when they're ill because of the cost 🤔
@larsenh111
@larsenh111 13 күн бұрын
What matters is costs Vs income. In the US you have to pay at least double for living costs like groceries, rent, utilities. You have to pay a load of property taxes every year if you own a house. You have to pay health insurance. The disparity in salaries for the same job US vs UK is not that much, the averages are skewed by people like Bezos and Musk, yet the cost of living in the US is more than double that in the UK.
@jungletiger1900
@jungletiger1900 16 күн бұрын
The high paid UK work force works little but gets paid loads, but the manual workers do work and earn their pay.
@Nev-we2bb
@Nev-we2bb 12 күн бұрын
If an American worker or a family member gets a serious, long-term illness and has no insurance. What happens to them? Here in the UK, we get world-class health care free.
@molecatcher3383
@molecatcher3383 11 күн бұрын
In the UK the average worker gets around 30 days paid holidays each year plus around 8 days of paid public holidays (Chrismas, New Year etc.). Each worker is expected to take every day of the holidays that they are due away from their work. Things are nothing like as good as this in the US. Also the UK, like most developed countries, has a universal healthcare system that is mostly paid for from taxes. How many extra days a year does the US worker have to do to pay for the very expensive private healthcare there ?
@georgerevay1069
@georgerevay1069 16 күн бұрын
Life expectancy in UK is much higher than in US. Consequently UK productivity is lower as old people are not productive and need looking after. UK must reduce life expectancy to improve productivity and income per capita.
@nedgeson326
@nedgeson326 16 күн бұрын
And I’m much happier in the U.K. than in the corporate dystopia that the US has become. Reform want us to follow their lead though.
@carl48uk
@carl48uk 15 күн бұрын
Here in Europe, we judge you on who you are not what you have. Work life balance is more important than the corporate ladder. Someone mentioned the waiting times in the NHS. We have more preventative healthcare meaning we don't need as much access to critical healthcare The population on the whole here has a healthier diet with food not pumped full of additives or colourings that cause cancer. 40% poorer but 100% richer in life.
@karlabritfeld7104
@karlabritfeld7104 15 күн бұрын
The average American doesn't have$500 in the bank for an emergency. One major health crisis could cause them to file bankruptcy. One job layoff could render them homeless. A trip to an American shopping mall could be your last if an insane gunman is in there. Any day your kid goes to school could be their last if a gun toting classmate shows up
@Betweoxwitegan
@Betweoxwitegan 17 күн бұрын
What does that even mean? Obviously wages are lower in The UK as the cost of living is lower and we also get higher quality services for our higher effective tax rate (even if in recent years the balance is waining) The UK has a lot of problems right now and for the last couple decades atleast but just because you have a higher income does not mean that you're better off, that is gross negligence Life expectancy is way higher in The UK, crime rates are way lower, PISA performance is higher, inequality is somehow lower, etc. Yes if you're a privileged or wealthy person then your finances will be better in The USA as there's higher levels of inequality, that is by no means representative of the median individual. Why are so many working class Americans moving to Spain, Portugal, Germany or The Netherlands, etc? Life is simpler and less stressful, there's less propoganda, extremism, crime, etc. It would help if he actually cited what he's talking about...
@davidc4408
@davidc4408 12 күн бұрын
I went to university in UK at a top Russell group university that is ranked in top 20 in the world with tuition debt of only $5000 that included my BSc and Masters. I live in a town that is probably safer than any place in the UK. You forget the cost it costs for medical care, college and other costs. London has lower crime and murder rate than nearly every top 100 major US city. UK has better life expectancy and higher IQ
@wendyg4382
@wendyg4382 10 күн бұрын
The inmates within the U.S. prison system, laboring under conditions akin to slavery, represent one of the largest manufacturing forces in the United States.
@jspy8138
@jspy8138 6 күн бұрын
A rich country like America should have a health service by now that's free to all, private to those who want to pay, like in the UK
@johng4093
@johng4093 11 күн бұрын
Productivity is increased by investing in technology that allows each person to accomplish more.
@nickconquest5527
@nickconquest5527 17 күн бұрын
Government policy is to increase GDP not GDP per capita. It tries to achieve this (not doing well) by importing cheap labour (doesn't need to do anything; they just arrive). There is no incentive to invest to improve productivity.
@Michael-xg5gn
@Michael-xg5gn 16 күн бұрын
US workers only get about 2 weeks paid holiday, we get 6, but I agree due to mass uncontrolled immigration we are definitely a lot poorer then we were 20 years ago!
@Fontainebleauify
@Fontainebleauify 9 күн бұрын
I’m in utah and spend summers in Barcelona. Have been to france 7 times or for 7 months.. Barcelona for 9 months now. I don’t think we are better off right now. Not yet. However the maths don’t lie. If our gdp per capital grows at 3% and your grows at 1% in 24 years we will have double the per capita income and yours will have only grown by 1/3. This IS the big difference that will be noticed eventually. This growth difference is baked in the cake (absent major difficult overhauls). What this means is we will be able to afford more socialistic programs without having the high tax burdens you have over there. I can currently make 60k taxable and pay 6k in federal and state income tax combined. That’s what the (but we get this and that “free” people are missing. I max out my tax free retirement accounts and have 1 child tax credits. I hardly pay anything. My health insurance is partially subsidized at this level.. it’s 300/month. That’s through Obamacare not through a job. Anyone has access to it. We also don’t have VAT so some things are cheaper.. like cars. My 2100 sq. Ft home cost 240k in 2014. Utah is above average in wealth for USA. Again, it’s not now you’ll see big differences.. it’s in 20 years it’ll be obvious.
@Taporeee
@Taporeee 14 күн бұрын
Interesting how productivity rarely mentions senior manager accountability and ceo corruption affecting productivity aswell as asset stripping private equity
@keithhobson8509
@keithhobson8509 7 күн бұрын
The average American if not already in dept from college/ university, two jobs, stressed out, can’t afford a vacation or not entitled too one, on top of praying never be ill or any health issues, be shot or cops do it to name a few, that’s also as long as they grow up old enough to get out of school 😢
@graememudie
@graememudie 14 күн бұрын
We don’t live to work, we work to live. How many weeks holiday does the average American get per year? How many people go bankrupt due to excessive medical bills? Etc.
@trekky8398
@trekky8398 12 күн бұрын
What he does not factor is, we don't have to pay for health care like a usa person and we get more worker rights and holidays then them
@ndmmt-wu7kz
@ndmmt-wu7kz 14 күн бұрын
Which tells you just how much GDP means. Choose between living in the UK vs Mississippi.
@btmorley833
@btmorley833 7 күн бұрын
First of all, he’s using “average”, and America’s average is skewed by the absurd wealth of its billionaires. Secondly, he probably hasn’t accounted for things like exchange rates, purchasing power, disposable income after insurances, healthcare, etc. Thirdly, he didn’t mention quality of life which is infinitely more important than the amount of money one has.
@PaulHarper-o8w
@PaulHarper-o8w 14 күн бұрын
The Uk doesn’t have street after street of homeless poor like the us of a has they should be ashamed of not looking after their own people.
@MarcSterland-l8o
@MarcSterland-l8o 15 күн бұрын
My family lives in America, and most Americans who live in big homes could not get a 1 bedroom flat in London. Dollars weak. You get own by the drug companies.
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