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StormChaser_5 | 3 years ago

Ireland was probably a bad example. And agree GDP is a silly metric. A lot of macroeconomic metrics seem to be :-( . But comparing GNI per captia [1] (which AFAIK excludes profits from multinationals) Ireland is at more or less the same level as US (slightly ahead in 2021 apparently but only slightly). So I think my point still stands?

As for national incomes - see my comment below but unless you are subtracting out costs for healthcare and other services offered to all citizens that are not offered by the US government you are not comparing apples to apples either.

[1] https://data.worldbank.org/indicator/NY.GNP.PCAP.CD?location...

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