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> 3) The most expensive thing on the U.S. budget books for employers, employees and the government is social security and Medicare. Some countries simply deny t
by XorNot 1y ago
> 3) The most expensive thing on the U.S. budget books for employers, employees and the government is social security and Medicare. Some countries simply deny their citizens and workers social security and access to welfare programs, which helps keep the cost of employing them down.
Holy cope batman!
A whole bunch of countries...just provide those things as government services too! You can employ whoever you want and not become a health insurer and the taxes that employee pays will fund a very large risk pool, what a concept!
- hshdhdhj4444 1y agoCame in to say this. The level of confidence my fellow Americans have in their understanding of the rest of the world without knowing anything about the rest of the world is always hilarious to watch. Even India has a vast network of completely free government provided healthcare. Of course, the quality leaves a lot to be desired but bit beats walking into the ER to receive basic care and bankruptcies due to medical debt, which must be a uniquely American phenomenon.
- nis0s 1y agoCountries where most white collar jobs are being offshored to expect on average 10-12% social security contribution from employers. In some of these countries, less than 50% qualify to be on social security. Collectively, the U.S. employer and employee pay 12% towards it, but higher cost of living requires setting salaries higher to compensate, and all US workers except illegal immigrants qualify for social security.
- nis0s 1y agoPlease actually look at the hard facts before you say this, not everywhere is Europe.
- r_lee 1y agoAnd in Europe some countries you have to pay for social contributions and pension tax etc.