4 ms·

Well, I'd say the biggest difference was that in the EU, many countries would give you 80% unemployment to stay home for many months. In the US, you'd get a fe

by r00fus 5y ago

Well, I'd say the biggest difference was that in the EU, many countries would give you 80% unemployment to stay home for many months. In the US, you'd get a few thousand $, many months later. So yeah, you might have had a similar chance to catch COVID but your livelihood and financial security were much more secure in Europe. Policy-wise w/r/t COVID, EU and US are nowhere near NZ, Tiawan or China. Now that's containment taken seriously and it shows.

adam_arthur 5y ago
Many in the US made significantly more on the combination of enhanced unemployment and stimulus checks than they had made working. Greater than 100% previous wage. You can see the aggregate personal income data here: https://fred.stlouisfed.org/series/PI https://fred.stlouisfed.org/series/PI