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> largely due to the fact that US is relatively permissive towards large income disparities. Actually, its due to a shortage of highly skilled labor/specialist
by howmayiannoyyou 3y ago
> largely due to the fact that US is relatively permissive towards large income disparities.
Actually, its due to a shortage of highly skilled labor/specialists relative to demand. Europe benefits from more advanced math and programming talent as a result of Eastern European and Russian/Ukraine labor availability. US immigration policy puts America at a disadvantage in this regard - something they are weakly trying to address here.
Sorry if that goes against your income inequality agenda.
- paulddraper 3y agoIf you're crossing borders/languages, you're crossing borders/languages. Not sure why the barrier to using Eastern European talent would be appreciable different. (Time zones?) > income inequality agenda No agenda, just analysis. If you increase income inequality, the top earners can earn more.
- pbmonster 3y ago> Not sure why the barrier to using Eastern European talent would be appreciable different. I mean, Poland, Czech Republic, Hungary, Romania and Bulgaria are all EU members, which means they have freedom of movement - they don't even require any visa or work permit. Just show up in Western Europe and work. The same is currently temporarily true for Ukrainians. Compare that to the extreme effort for them to get a green card in the US.
- paulddraper 3y agoThanks.
- dbish 3y agoDon’t you think if this were true there would be more breakout technical (and by extension startup) successes in Europe which doesn’t seem to be the case.