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And your reply neatly encapsulates why, for better or worse, the American economy is more efficient/dynamic. Those immigrating into the country know they'll hav
by mrkstu 4y ago
And your reply neatly encapsulates why, for better or worse, the American economy is more efficient/dynamic. Those immigrating into the country know they'll have to hustle and work to survive and thrive.
- astrange 4y agoNo, threatening people with death isn't a good way to get dynamism. The American middle class healthcare system, employer plans, is specifically designed to reduce dynamism by making it harder to quit your job. There's other advantages but not that one.
- mrkstu 4y agoThose w/o means have Medicaid and those with minimal means have Obamacare- you're a little out of date with that specific complaint.
- astrange 4y agoThat's why I said "middle class". I made the same point as you one reply over.
- alchemist1e9 4y ago> The American middle class healthcare system, employer plans, is specifically designed to reduce dynamism by making it harder to quit your job. I’m confused, my understanding was that changing jobs is much much more frequent within the US middle class than elsewhere. How does that make sense if as you say quitting is so risky. What specifically is risky about the US setup? Of course it encourages not being unemployed as healthcare when unemployed is a problem but most people just line up a new job before quitting.
- astrange 4y agoBy "dynamism" I meant it makes it harder to be unemployed, as you might be if you want to start a new business/become a contractor etc. Switching jobs is OK if you already have one lined up. Also, being married makes it safer (but you might be relying on two incomes) and Obamacare is good in some states.
- alchemist1e9 4y agoThere is COBRA for 24 months and co-ops for contractors/sole-proprietors. It takes much more capital to start a business than people realize and a good part of that is cost of healthcare. the paystubs and W2s from employers hide how significant a part of employee compensation the benefits are.