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To: BobL
BobL: "Interesting - if you Google Per Capita Income by Country, you get $15k per year for Russia from Wikipedia, for 2024."

Right -- per capita is an average income, where Vladimir Putin and other oligarch billionaires are averaged in with factory workers and waitresses.

By contrast, median income is: half make more, half make less, and so it's not changed by how wealthy the wealthiest Russians are.

Remember, the original question was -- the cost of a dozen eggs, which in the US averages $3.65 and in Russia $1.40.
But, when we compare even Russia's nominal GDP per capita of $14,953 to the US $86,601, the US is 5.8 times more, which makes the US equivalent to Russia's $1.40 about $8.10 per dozen.

But GDP per capita is not the best measure -- median income certainly is, and by median income comparisons, Russia's $1.40 eggs would cost $17 in the US.

Nominal GDP per capita
The US ranks #6 after Luxembourg, Switzerland, Ireland, Norway and Singapore.
Russia ranks #65:


38 posted on 01/02/2025 2:47:25 AM PST by BroJoeK (future DDG 134 -- we remember)
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To: BroJoeK

“Right — per capita is an average income, where Vladimir Putin and other oligarch billionaires are averaged in with factory workers and waitresses.”

So you CHOOSE to discount the data because it’s ‘inconvenient’. Typical of you guys, going back DECADES to perpetuate your lies.

By the way, glad the US doesn’t have rich people to distort our data...


40 posted on 01/02/2025 3:14:32 AM PST by BobL
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