Do not compare EU salaries with the US
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Do not compare EU salaries with the US
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Re: Do not compare EU salaries with the US
#2DO compare it and see how much one can end up saving in a given time in the US, even after paying for healthcare, education etc.
Re: Do not compare EU salaries with the US
#3It seems she's fairly ignorant of how things work here as the vast majority of his fears are unfounded. That's ok though, the point about comparing salaries is very valid, there's extreme cost of living differences among many other things.
For a lot of Americans, the fear we have is being completely dependent on the government. Look at who is exiting presidential office, look who is entering. Attaching our fates to these bozos isn't something I necessarily relish.
Re: Do not compare EU salaries with the US
#4It seems very hard to compare the two figures. I guess the interesting way to compare them would be what's the disposable income you have to spend normalised against purchasing power. So gross salary, less taxes (payroll and any others if applicable), pension contributions, student loan repayments, medical insurance contributions (and other out-of-pocket expenses relating to that you may have to pay in a typical year), and then baseline cost-of-living (rent/mortgage payments), but there are so many variables there it seems very hard to be directly comparable.
All I know is if I earned what I did now (which is an excellent UK salary) in Silicon Valley, I wouldn't be able to afford to live by myself in a two-bedroom flat in a desirable area, which is what I do now. I've no idea how much I would have to earn in SV to have the same quality of life as I do in Manchester, UK. (I figured it out for London and it's approximately a £20k premium due to the rental premium in London)
Re: Do not compare EU salaries with the US
#5DO compare it and see how much one can end up saving in a given time in the US, even after paying for healthcare, education etc.
Did you read the Twitter thread? The person writing the Twitter thread clearly outlines their feelings about the need to contribute to the social safety net.
> I wanna give back, im okay with that
> I don't wanna make 250k while most people work three jobs
Re: Do not compare EU salaries with the US
#6DO compare it and see how much one can end up saving in a given time in the US, even after paying for healthcare, education etc.
You'll get ruined in US if you get cancer in your close family despite 'paying for healthcare' all your life.
In my uncharitable opinion US is good for earning money as a young, highly educated person and for nothing else.
So go there when you are around 25, work your ass off at whoever pays the most for your skillset, spend as little as possible and bail before 35. Later you're screwed. You'll still make more and more there but the money is going to be useless.
Re: Do not compare EU salaries with the US
#7DO compare it and see how much one can end up saving in a given time in the US, even after paying for healthcare, education etc.
Per the author's twit, without the higher taxes etc. they would not have been able to afford becoming a software engineer without this welfare setup.
Also, yes you save much more, but when your mother has cancer and dad is disabled(As the author explains), realistically much more than what you save ends up being spent to take care of them and paying their medical bills.
Re: Do not compare EU salaries with the US
#8It seems she's fairly ignorant of how things work here as the vast majority of his fears are unfounded. That's ok though, the point about comparing salaries is very valid, there's extreme cost of living differences among many other things. For a lot of Americans, the fear we have is being completely dependent on the government. Look at who is exiting presidential office, look who is entering. Attaching our fates to t…
Disagree on the cost of living point. London and Dublin are comparable to a lot of major US cities yet wages are much lower than these cities.
Even Canada pays better than a lot of European cities when you factor in COL between say Toronto and London.
Re: Do not compare EU salaries with the US
#9It seems she's fairly ignorant of how things work here as the vast majority of his fears are unfounded. That's ok though, the point about comparing salaries is very valid, there's extreme cost of living differences among many other things. For a lot of Americans, the fear we have is being completely dependent on the government. Look at who is exiting presidential office, look who is entering. Attaching our fates to t…
What do you think her fears are, and why are they unfounded?
I understood her primary point as being about inequality and justice: "I don't wanna make 250k while most people work three jobs"
Re: Do not compare EU salaries with the US
#10[deleted]