@iealondon: 🧑‍🔧 "The average US worker could stop in August and still produce more than a UK worker does by December's end." Tyler Goodspeed, American Economist and Former Acting Chairman of the Council of Economic Advisers, highlights the UK-US productivity gap.

Institute of Economic Affairs
Institute of Economic Affairs
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Region: US
Friday 03 January 2025 13:00:18 GMT
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boblfc1
Boblfc :
The Average UK worker gets employment rights minimum wage free healthcare 6 weeks paid holiday a year a 35 hour week and paid maternity leave of 39 weeks
2025-01-03 20:00:17
2715
anthonytarrant
Anthony Tarrant :
CONSUMER prices are 8% cheaper in the UK Rent is 22% cheaper in the UK GROCERIES are 18% cheaper in the UK RESTAURANTS are 7.2% cheaper in UK Accommodation is cheaper in the UK
2025-05-20 12:47:26
0
seymourbutts177
seymourbutts177 :
Exactly the problem with America. All about productivity and growth, not safety, life expectancy, worker's rights, education, etc. - all of which are well worth the economic trade off.
2025-01-03 17:17:20
476
stacylynn1182
It’s Stacy :
Mississippi Represent🤟 we finally better than someone y’all
2025-01-03 20:20:11
1460
johnm0612
johnm0612 :
The UK has been so mismanaged by a political group since 1997
2025-01-04 07:25:53
1309
.alexava
🌟 FemboyAlex 🌟 :
I'll take 40% less to not go bankrupt or possibly die from Healthcare 🙏
2025-01-03 17:26:07
722
umyeahnaw
Sup :
Then why does the uk have a better standard of living
2025-01-03 13:17:26
310
frank.and.1265.ot
frank and 1265 others :
Uk is so heavily taxed which strangles growth and makes everyone poorer
2025-01-04 07:01:18
2048
paleocemax5655
User Name :
GDP per capita doesn't completely represent the prosperity of a population because it matters also how much wealth Is distributed as measured by the GINI coefficient which is 0.35 in UK (good)...
2025-04-09 19:16:44
0
bigd11867
BigD :
Because we are taxed to our eyeballs!!
2025-01-03 22:47:21
1315
coconutpete69247
coconutpete69247 :
Look at the median not the average: US is 107k median wealth, whereas the UK is 151k median wealth, and they have free healthcare.
2025-02-19 14:17:24
23
abdulbilal855
abdulbilal855 :
Thank Brexit and reform voters for that
2025-01-04 09:43:25
262
sirbigbob
Dad of two loveable monsters :
Wish I had the funds and means to escape the UK. It’s finished
2025-01-03 17:09:28
547
swiggitysw00tyy
swiggitysw00tyy :
The US innovates, the EU regulates
2025-02-18 01:37:09
493
ian____2.0
Ian :
Money can't buy class! In the UK we have health care, safety, good education. It's a good trade off!
2025-01-04 10:34:47
160
bobbidevine
user7357107805897 :
But the U.S workwr has higher outgoings such as health insurance and has little employment rights
2025-01-04 10:16:47
57
user9560674611465
user9560674611465 :
Do I hear 52nd state?
2025-01-03 18:45:47
568
jlt1ss
JLT1SS :
lol that just tells me GDP is a useless metric.
2025-01-03 13:24:09
100
bzxc0ye
Bern :
Some US workers get 10 days holiday & get denied healthcare for spurious technical reason. No thanks buddy 👍
2025-01-03 16:28:51
198
daveyshep
DaveyShep :
this is a fact, I have family in the US and I live in the UK, my American family can't understand why we earn so little for the same type of jobs
2025-01-03 20:10:33
110
stefan.am
Stefan Am :
Because you welcome imigrants that live on benefits... they never work and pay any taxes, they also hate your country and the people.. if no action,England will be the new middle east...
2025-01-05 15:59:31
395
chrisdynek
Christopher Dynek :
“Average” but that’s because with so much wealth at the top and poverty at the bottom we got the better “average”
2025-01-03 15:49:16
126
maryfitzsimons
Mary Fitzsimons :
Brexit the gift that keeps giving 😂😂
2025-01-03 22:23:07
46
tiktok.comtwotwo
Dave1016 :
I lived in California for 13 years. Apart from petrol. I was surprised how cheap it iss in the UK. Food is cheaper. Plus the quality. No chemicals like US food. Then there is the Health Service. Pay for your insurance, but it does not cover it all. Then there is out of pocket. $2,000-$3,000 for an ambulance. I knew people that went with out medical care. And so many Bipolar cases and ADD.
2025-01-03 16:59:12
31
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