U.S. employment conditions compare poorly to the rest of the developed world
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Re: U.S. employment conditions compare poorly to the rest of the developed world
#2The US is one of the best places in the world to be a business owner, that's why its economy is so much more dynamic than European economies. In order to create such an environment worker protections cannot be as robust as in Europe. This biased article of course ignores that fact.
Many workers are much better off in the US than in Europe as well. They get to keep a greater portion of their income, their income goes farther in the US than it would in Europe, and they have more opportunities to change jobs and careers because the flip side of weaker worker protections means businesses can hire with greater agility than in Europe.
Re: U.S. employment conditions compare poorly to the rest of the developed world
#3it is because of trumps weak government program
Re: U.S. employment conditions compare poorly to the rest of the developed world
#4The US is one of the best places in the world to be a business owner, that's why its economy is so much more dynamic than European economies. In order to create such an environment worker protections cannot be as robust as in Europe. This biased article of course ignores that fact. Many workers are much better off in the US than in Europe as well. They get to keep a greater portion of their income, their income goes…
Yet, social mobility is higher in Europe. Also, americans can keep more of their income, if they skimp on health insurance and pensions savings. I don't think americans in general grasp how much higher quality the healthcare system is in Europe.
Example: get scorned at by your GP doctor for seeing them for a bad cold. Get billed $20.
Receive open heart surgery and triple by-pass. Get billed $20.
Re: U.S. employment conditions compare poorly to the rest of the developed world
#5The US is one of the best places in the world to be a business owner, that's why its economy is so much more dynamic than European economies. In order to create such an environment worker protections cannot be as robust as in Europe. This biased article of course ignores that fact. Many workers are much better off in the US than in Europe as well. They get to keep a greater portion of their income, their income goes…
> They get to keep a greater portion of their income
If only that greater portion wasn't immediately being eaten up by rapidly rising healthcare, college, etc. costs.
Between premiums, copays, and non-covered stuff like compounded medications and dental, I spent $33k last year for a family of four on healthcare. The college I went to - $36k in 2001 - is now $60k/year. I'll take the higher taxes...
Re: U.S. employment conditions compare poorly to the rest of the developed world
#6[deleted]
Re: U.S. employment conditions compare poorly to the rest of the developed world
#7The US is one of the best places in the world to be a business owner, that's why its economy is so much more dynamic than European economies. In order to create such an environment worker protections cannot be as robust as in Europe. This biased article of course ignores that fact. Many workers are much better off in the US than in Europe as well. They get to keep a greater portion of their income, their income goes…
> They get to keep a greater portion of their income If only that greater portion wasn't immediately being eaten up by rapidly rising healthcare, college, etc. costs. Between premiums, copays, and non-covered stuff like compounded medications and dental, I spent $33k last year for a family of four on healthcare. The college I went to - $36k in 2001 - is now $60k/year. I'll take the higher taxes...
Notice how every sector of the economy that the government is highly involved with (health care, education, real estate) keeps increasing its costs?
Your inflated health care bills helped pay for the 280k average salary of physicians (source: https://www.medscape.com/slideshow/2018-compensation-overvie...), which is over 2x as high as Western european doctors' salary. You can thank the aggressive occupational licensing that the AMA engages in that prevents more potential doctors from joining the workforce and keeps salaries high. For instance: Western european doctors do not need a 4-year bachelors degree just to _enter_ medical school.
You are also sponsoring drug discovery. United States pays for the drug research, eats the high drug costs, and then Western Europe mooches off our R&D spending.
And guess what? Western Europe's free health care is not free: The 50% higher taxes in Western Europe are required to pay for all this.
Re: U.S. employment conditions compare poorly to the rest of the developed world
#8The US is one of the best places in the world to be a business owner, that's why its economy is so much more dynamic than European economies. In order to create such an environment worker protections cannot be as robust as in Europe. This biased article of course ignores that fact. Many workers are much better off in the US than in Europe as well. They get to keep a greater portion of their income, their income goes…
> Many workers are much better off in the US than in Europe as well
Workers are not better off, there are way worse off in the US. They get less money due to the minimum wage being very low and the cost of medical care, they work more in average, they have less holidays and less social mobility than in Europe.
Big businesses however are better off so I agree in part with your first paragraph.
Re: U.S. employment conditions compare poorly to the rest of the developed world
#9The US is one of the best places in the world to be a business owner, that's why its economy is so much more dynamic than European economies. In order to create such an environment worker protections cannot be as robust as in Europe. This biased article of course ignores that fact. Many workers are much better off in the US than in Europe as well. They get to keep a greater portion of their income, their income goes…
This is true for middle-class and upper-middle class workers. But there has always been an underclass of people who barely make enough to survive, lack the market power to negotiate for better wages, lack the ability to acquire new skills in order to get different jobs, and/or are stuck with their current employers for lack of other opportunities. This population is also susceptible to overtime abuse and wage theft.
As for the middle and upper middle class, taking home more of your income is only part of the story. I don't have statistics on this, but I am sure that much of that take-home pay is offset by higher medical costs and the need for more retirement savings. Not to mention the fact that the American work week is longer and vacation days are rarer.
Re: U.S. employment conditions compare poorly to the rest of the developed world
#10The US is one of the best places in the world to be a business owner, that's why its economy is so much more dynamic than European economies. In order to create such an environment worker protections cannot be as robust as in Europe. This biased article of course ignores that fact. Many workers are much better off in the US than in Europe as well. They get to keep a greater portion of their income, their income goes…
>that's why its economy is so much more dynamic than European economies
What do you mean with more dynamic?