Let’s make the US like Germany … er, Mississippi?
The “social democracy” or “democratic socialism” model that many of the left want so badly is showing it isn’t all it’s cracked up to be. For instance:
Since Sweden is held up as a sort of promised land by American socialists, let’s compare it first. We find that, if it were to join the US as a state, Sweden would be poorer than all but 12 states, with a median income of $27,167.Median residents in states like Colorado ($35,830), Massachusetts ($37,626), Virginia ($39,291), Washington ($36,343), and Utah ($36,036) have considerably higher incomes than Sweden.With the exception of Luxembourg ($38,502), Norway ($35,528), and Switzerland ($35,083), all countries shown would fail to rank as high-income states were they to become part of the United States. In fact, most would fare worse than Mississippi, the poorest state.
Oh, my! Say it ain’t so, Bernie!
Germany, Europe’s economic powerhouse, has a median income ($25,528) level below all but 9 US states. Finland ranks with Germany in this regard ($25,730), and France’s median income ($24,233) is lower than both Germany and Finland. Denmark fares better and has a median income ($27,304) below all but 13 US states.
And Mississippi? Well, when adjusted for purchasing power, we find a funny thing (heh … I couldn’t help myself):
Now that we’ve accounted for the low cost of living in Mississippi, we find that Mississippi ($26,517) is no longer the state with the lowest median income in real terms. New York ($26,152) is now the state with the lowest median income due to its very high cost of living.
More importantly, when the European countries are adjusted for purchasing power, they fare even worse:
Once purchasing power among the US states is taken into account, we find that Sweden’s median income ($27,167) is higher than only six states: Arkansas ($26,804), Louisiana ($25,643), Mississippi ($26,517), New Mexico ($26,762), New York ($26,152) and North Carolina ($26,819).We find something similar when we look at Germany, but in Germany’s case, every single US state shows a higher median income than Germany. Germany’s median income is $25,528. Things look even worse for the United Kingdom which has a median income of $21,033, compared to $26,517 in Mississippi.
So? So, myth busted. If you want everyone to be the equal of … well, now, New York … just listen to the siren song of social democracy. High taxes, marginal benefits and low purchasing power. When you can’t even point to them being better than Mississippi in terms of median income, maybe it would be better not to hold up European social democracies as something to “strive” to be like.