4 ms·
> Most people in Europe don’t want to leave Sure, but most people aren't skilled white collar tech workers with in demand skills who could be earning 3x post-t
by ceeplusplus 4y ago
> Most people in Europe don’t want to leave
Sure, but most people aren't skilled white collar tech workers with in demand skills who could be earning 3x post-tax salary in the US.
Health insurance is essentially free or cheap at any good tech company. EU pensions are underfunded (just like US ones) and as a high paid tech worker you're better off with maxing your 401k anyways.
If you look at the nationalities in any top US MS/PhD/MBA program, you'll find it's about 40% European, far above what undergraduate programs look like. That shows quite a few skilled workers in Europe want to leave.
If you are an unskilled worker, Europe is better as long as they can continue to sustain their social programs by taxing high earners and having defense be subsidized by the US. If too many high earners leave or the US becomes unwilling to pay for bases all across Europe, the whole system collapses pretty quickly.
- oceanplexian 4y agoHalf the people I work with are from Western Europe and they won’t waste any time to take a dig at our lack of social safety net. However, the thing I’d be worried about in their position, is, if the safety net is actually a sustainable project in a time of declining economic growth. They’re extrapolating on 30 or 40 years worth of data and if you’re retiring in 30 or 40 years a lot can change. Look what’s happened with the austerity crisis, something EU folks usually don’t want to talk about. Personally I’d want to manage my own retirement and risk tolerance.
- barrenko 4y agoThe US is also funding medical research of most kind.