Subject:
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Re: USA vs. UK pay differences
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Newsgroups:
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lugnet.off-topic.debate
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Date:
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Tue, 27 Mar 2007 18:17:42 GMT
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Viewed:
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2948 times
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In lugnet.off-topic.debate, Leonard Hoffman wrote:
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“The minimum wage in the UK is roughly $10/hr USD against the US’s $5.15/hr.”
In other words, the average American is poorer than the average Briton, and
therefore less able to pay the same prices for the same product.
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Not neccessarily true. You cannot make a broad generalization simply based on
the average wage in dollars. The average American pays less for everything than
the average Brit so may or may not be “poorer” in material goods and access to
services.
I wish I’d paid attention to the few discussions of logic I have attended. I am
sure there is a fancy latin phrase to describe your error.
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Message has 1 Reply:
 | | Re: USA vs. UK pay differences
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| (...) Of course relative buying power plays a big point. I earn approximately half of my British counterpart, but my house, food, etc costs half as much as well. My point is that comparing British to American at strict monetary conversation rates (...) (17 years ago, 27-Mar-07, to lugnet.off-topic.debate, FTX)
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Message is in Reply To:
| | USA vs. UK pay differences
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| Granted, most of us don't work for minimum wage, but some debate about the Playstation3 price difference on (URL) between the States and Europe has yielded an interesting tidbit of information, perhaps useful in understanding the LEGO price (...) (17 years ago, 27-Mar-07, to lugnet.off-topic.debate, FTX)
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