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> Do you just have to pay people to do nothing There are shades of grey. Large institutions should fall back on other means (reduced hours, pay cuts, comfortab
by screye 2y ago
> Do you just have to pay people to do nothing
There are shades of grey. Large institutions should fall back on other means (reduced hours, pay cuts, comfortable severance, longer heads-up for firing) before resorting to overnight-mass-layoffs.
> why the U.S. economy has grown so much faster than the EU
Again, shades of grey.
The economy is a means to an end. If economic growth leads to worse life-outcomes for the populace, when what's the point of having a 'powerful economy'. Now, govt. policies shouldn't knee cap the economy. But, let's not tunnel vision on it as the sole indicator of development.
In my experience, Europeans with a $80k wage live better lives than American tech workers on $300k. To put in concrete light : most American tech workers get 14 days of vacation a year. All that work and all that money, and you only get to enjoy 2 weeks a year in the world's richest country ? That's pathetic.