“Which would be great if we British could do all our shopping in America. And pay our taxes in Antarctica :0)”
- Britons are richer than Americans only on a theoretical level. The cost of living in Britain is higher than in the US. In Sweden, wages seem attractive to most people (but they’re even higher in Norway, Iceland and Denmark). However, in order to really benefit from the ‘Swedish Model’ you have to live there for a long time and raise a family in there to really benefit from all the government goodies. The system is very much designed to benefit families at the expense of singles (which in many ways is good, but still there are too few Vikings being born many would say).
Concerning Britain being richer than the US (from BBC):
http://news.bbc.co.uk/2/hi/business/7174372.stm
Yes, that's why I said we needed to shop in America. And don't forget the taxes thing. In reality people have far more buying power in America - and have seven times as much personal space.