Recent data shows a sizable income gap between Americans and their British counterparts. Correspondent John Scott reports. VERBATIM:Per capita income in the United States is 90-thousand dollars – about 60 percent higher than in the United Kingdom, where it stands at roughly 57-thousand-600. Economists say higher income can point to a stronger economy and higher […]
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United States – United Kingdom
Recent data shows a sizable income gap between Americans and their British counterparts. Correspondent John Scott reports.
VERBATIM:Per capita income in the United States is 90-thousand dollars – about 60 percent higher than in the United Kingdom, where it stands at roughly 57-thousand-600. Economists say higher income can point to a stronger economy and higher living standards, though it doesn’t factor in costs like housing or healthcare. The gap highlights America’s stronger overall economic output and productivity compared to Britain.