Back in November I ranted about how lightweight the New York Times' technology coverage was, now it's the Wall Street Journal's turn. This time the WSJ slips up by covering a discredited survey that suggests US outpaces the EU economically, now this may be the case - I'm no economist - but many of the criterion used to demonstrate the US's superiority are bogus.
- U.S. 45.9% of the "poor" own their homes. Why is this bogus? Much of Europe does not have a culture of wide-spread home ownership, the "poor" and even the middle classes rent and frequently choose not to use property ownership as an investment vehicle.
- U.S. 72.8% have a car. Why is is bogus? People in Europe live closer to work or near alternative modes of transport making car ownership less necessary.
- 77% have air conditioning, which remains a luxury in most of Western Europe. Why is is bogus? You need hot weather for air conditioning to be worthwhile, the majority of the UK for instance is further North than the entire U.S. making air conditioning mostly irrelevant.
There's plenty more to discredit this survey, and Metafilter gives it a well deserved kicking, and point to more relevant sources of information. WSJ, you should have better content than this, calling it filler would be too polite.