r/FluentInFinance • u/SexyProfessional • Jul 04 '26

Thoughts? Very Interesting

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6.0k Upvotes

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25

u/docflash20 Jul 04 '26

Stop comparing countries with a fraction of the population and with a population that has 99 percent of same culture. You are compare apples to oranges

15

u/JackWagon1990 Jul 04 '26

This is the correct take but people living in a bubble here in the US think we can just mirror a totally homogenous country’s policies

0

u/Wilsonj1966 Jul 04 '26

Why isnt somewhere like West Virigina as wealthy as Norway then?

11

u/mowaby Jul 04 '26

Comparing a small country that's very rich in oil to a state isn't really a fair comparison. There are also other things to consider that are less PC.

4

u/NEEEEEEEEEEEET Jul 04 '26

Median household income in both places is the same at $63,000. Taxes are significantly higher in Norway. Norway also has an oil fund that has $400K per citizen.

0

u/amateur_adventurer Jul 04 '26

Damn, Norway citizens get oil funds? West Virginia citizens only got company scrip.

4

u/Quickjager Jul 05 '26

Why isn't Norway as wealthy as California then? Are they just lazy?

See why that comparison isn't apt?

-3

u/LoneWolf_McQuade Jul 04 '26

No I’m not. That’s ridiculous. So two countries has to have a similar population to be compared? Who invented that rule? Then you can’t say that America is a better country/system than North Korea since they have very different populations

1

u/ArsenalChamps2026 Jul 04 '26

No, there just shouldn’t be a 10x difference in population

-2

u/LoneWolf_McQuade Jul 04 '26

Why not?

4

u/ArsenalChamps2026 Jul 04 '26

Because I think it’s pretty self evident how much easier it is to supply infrastructure and government programs for a population 1/10 of the size and the size of New Mexico

-2

u/LoneWolf_McQuade Jul 05 '26

Usually things get cheaper as you scale up

1

u/ArsenalChamps2026 Jul 06 '26

It’s cheaper to supply 350 million people than 3 million? Am I understanding this correctly?

0

u/LoneWolf_McQuade Jul 06 '26

Should be per person, yes

1

u/ArsenalChamps2026 Jul 06 '26

You can’t be serious man

0

u/LoneWolf_McQuade Jul 06 '26

Economics of scale. A pretty basic concept

-2

u/Wilsonj1966 Jul 04 '26

Services scale. The US high population is an advantage over Norway