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> They have an abundance of doctors and engineers They are usually paid several times less than people doing the same jobs in US.
by wqaatwt 2y ago
> They have an abundance of doctors and engineers
They are usually paid several times less than people doing the same jobs in US.
- hattmall 2y agoI don't really see why that would be a problem.
- ajbourg 2y agoIt's fine if you're starting from nothing. But we wouldn't be starting from nothing. There's a large group of people who would lose income and who will lobby against that.
- fefferkorn 2y agoBut in other countries they dont need to pay so much for social system, insurance or healthcare, kindergarden and so on.. You can not always compare everything with money, when there is a lot around it.
- wqaatwt 2y agoWould you rather spend 10% of 50k on healthcare or 15% of 100k? Also taxes are generally much higher in these countries as well.
- seanmcdirmid 2y agoTaxes are usually higher, but not incredibly so. Healthcare spending is generally less for better results. Switzerland spends the most, although nowhere near what America spends, and is where Romney/heritage foundation got the mandatory health insurance idea from.
- wqaatwt 2y agoWell yes, Switzerland is pretty much the only place in Europe where income/wages are overall on par with those in the US (of course not in all sectors). Other countries are generally very poor in comparison. > Taxes are usually higher, but not incredibly so So again.. would you rather make 60k and pay 45% in taxes or make 100k and pay 35%? > nowhere near what America spends Sure, if you are above median higher will likely more than compensate the higher healthcare costs (unless you’re very unlucky of course).
- otikik 2y agoBut their cost of life is also lower.
- wqaatwt 2y agoIs it? Housing in Paris, London, Munich, Toronto, Vancouver etc. is extremely expensive relative to income of course other stuff varies.
- otikik 2y agoApples to apples. If you take the extremes in Europe, you have to take the extremes in the US as well. London and Paris most be compared to New York or San Francisco, not with Cheyenne (Wyoming).