Posted by AuntieMel on August 17, 2005, at 10:06:12
In reply to Re: Taxes, posted by sunny10 on August 17, 2005, at 9:02:06
It even works for a lot of third world countries.
I wish things would get reported in the news as buying value instead of dollars.
I learned this lesson on my first trip to Poland. I had heard the average wage was only a few hundred dollars a month and thought poverty. But when I got there and saw how much a few hundred dollars could buy I realized that the quoting was not fair.
Costs should be reported as week's wages. So, instead of talking about what a car or a prescription would cost in dollars, say a car costs 40 weeks wages or something like that.
We always hear stories about Nike or someone paying pittances in third world countries, but we hear it reported in terms of dollars instead of what that money can buy. I would rather have it reported in standard of living, and compared to other jobs in the area.
poster:AuntieMel
thread:542668
URL: http://www.dr-bob.org/babble/social/20050813/msgs/542941.html