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It's not that simple as the multipler is not even across all things and all jobs. Eating out or getting a take away is 2x or 3x the cost of the UK/US but your s
by dominicr 8y ago
It's not that simple as the multipler is not even across all things and all jobs. Eating out or getting a take away is 2x or 3x the cost of the UK/US but your server & chef both make a decent wage without the need for tips. Electronics are about 1.2X the cost of the EU.
The starting salary of a supermarket worker is 2x that of the UK. But a software developer's salary is only a fraction more than in the UK.
The effect is that the range of inequality across the population is reduced. It's a social democracy, so in general the population like this arrangement.