10 Poorest Cities in America in 2019

https://www.insidermonkey.com/hedge-fund/best-performing-hedge-funds/
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not too shabby
 
lindq said:
Out of curiosity I compared the average income reported in these cities with average income in China.

Based on the information sources I found online, the LOWEST average income here was GREATER than the HIGHEST average income of cities in China, which is in Shanghai.
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In China you work or you starve.
 
lindq said:
Based on the information sources I found online, the LOWEST average income here was GREATER than the HIGHEST average income of cities in China, which is in Shanghai.
More...

What's next? Compare it to India, Rwanda, Belarus? Anyway, is it really an apples to apples comparison - US being a developed/advanced country vs China being a developing one?
 
Those Texas towns and maybe the California ones have large Hispanic populations who are largely paid in cash for their work (generally hard workers) and is not reported. Much of that cash gets sent back to Mexico.
 
Not true, some reported numbers do not include benefits such as transportation and often even housing that is paid aside salary in Shanghai. The total avg salary and benefits are higher than the salary plus benefits of the poorest cities in the US.

Anyway, it's a stupid comparison to compare the US with China. Is that your benchmark? Equally it's stupid to compare social market economies like Switzerland or Germany and their concepts that collide with pure capitalism and treat them like Venezuela. My favorite line of stupidity often touted by conservatives in America is how bad socialial market economic principles are. "look at Venezuela". Lmao. Why not look at Germany or Switzerland or Holland or Scandinavia Japan or a host other countries that score way higher in terms of happiness, education, literacy, welfare, living standard.

lindq said:
Out of curiosity I compared the average income reported in these cities with average income in China.

Based on the information sources I found online, the LOWEST average income here was GREATER than the HIGHEST average income of cities in China, which is in Shanghai.
More...
 
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