According to a study by Fraser Nelson, one of the editors of The Spectator magazine, if the United Kingdom were part of the United States, it would be the second poorest state. Nelson’s study also mentioned some social issues surrounding poverty that get more focus in the American and international media.
According to a study by Fraser Nelson, one of the editors of London-based The Spectator magazine, if the United Kingdom were part of the United States, it would be the second poorest state.
Results of the study are based on calculations done by Nelson that include the gross domestic product divided by the population size and cost of living in each state, comparing them along with a handful of European countries.
The study also ranked Norway, Sweden, Switzerland, and Germany, which had significantly higher positions on the list than the UK.
Nelson’s study also mentioned some social issues surrounding poverty that get more focus in the American and international media.
Nelson wrote in his study of America: “They openly debate their inequality, conduct rigorous studies about it, argue about economics vs. culture as causes…. And the debate is so fierce that the rest of the world looks on, and joins in lamenting America’s problems.”
Another analysis of the same information went a little deeper and instead of using the same average cost of living for the United States as a whole, adjusted each state based on their respective buying power, and found that the UK would actually be at the very bottom of the list.
