Nevada vs. Europe

Patrick Gibbons

If Nevada were a European country, it would be the continent’s second wealthiest nation. As it stands, Nevada is the ninth wealthiest state in America. Pretty good, all things considered. Notice how Washington, D.C. is the wealthiest place on the planet? This is probably because of the immense concentration of power and government bueracrats in one place – basically, D.C. is wealthy because D.C. takes the wealth from everyone else.

Here are some other fun facts from economist Mark Perry,

1. Portugal would rank #51 as a U.S. state, below Mississippi in per capita GDP.

2. Italy and Greece as U.S. states would rank between the two poorest U.S. states – West Virginia and Mississippi.

3. If France became a U.S. state it would rank #48 out of 51 by per capita GDP, just barely ahead of America’s two poorest states – West Virginia and Mississippi.

4. Belgium, Finland, the U.K., Germany and Spain would rank in the bottom 20% of U.S. states by per capita GDP, just barely ahead of Arkansas but below Kentucky.

5. Although the Netherlands, Sweden and Denmark are among Europe’s wealthiest countries, as U.S. states they would be between 14.5% and 18% below the U.S. average.

So who wants to raise taxes and increase government regulations again?

*Figures in U.S. dollars, converted to purchasing power parity (ppp), which adjusts for cost-of-living differences.