It seems to me that, as high as US salaries are, they arent that much higher compared to European salaries when you factor all this in, plus the face that a month of that work youre paid for youre OOO
Sure, I’d rather be super poor in Europe than in the US. But anybody above the poorest, anybody that can and wants to work for a living, I’d much rather try to find my luck in America.
Why is that a problem? At macro scale you can't really save money. As long as the pension payouts are somewhat balanced to pay ins each year it is kinda fine.
You can get really lucky in the US and have a great experience, but you can also have really terrible ones _and_ pay quite a bit for it.
Strong social system as in you get 60% of your salary if you go unemployed for s year.
Im not sure you realize that lots of things you pay are for the chance something doesnt go as planned in your life. Ofc its better to live in the US from a financial standpoint if everything works out and you never get sick or unemployed etc
Then you have to start adjusting the money in (higher taxes) and money out (reduced benefits), and different people in different ages/income/wealth levels start having different opinions.
If I was let go I would retain health coverage through COBRA.
Let’s be clear: The US health system is a shit show, it’s just not - mostly - one that impacts high salaried employees (if it did it would have changed long ago..)
Strong social system just means that whatever happens to you, you can live in a home and eat food, as long as you try to get government benefits of some kind. Or for example, as a student, your costs of living are covered by Bafög, which is a kind of loan you pack back 50% of.
Do you have the wits to determine a all times what hospital you can go to and still get it covered by insurance? Even with a broken femur and a concussion?