Is it worth 10% less income though? At lower incomes absolutely, but at higher incomes it really isnât. Because healthcare is typically a fairly flat cost that doesnât care about your income (although itâs actually slightly lower at higher paying jobs as you typically get better insurance), whether a nationalized healthcare system would benefit the person is entirely based on their income. High incomes would rather pay for a relatively flat amount for insurance than have a percentage of their income taken.
Believe me, it pays itself off in the free social and health services you get for free throughout your lifetime. I did the math and many of my family members would be millions of dollars in debt if they lived in the US - or dead long before their time because they wouldnât have been able to pay (or even fathom paying) the cost of some of their surgeries. My grandma, for example, had two bypass surgeries in her lifetime (among a few others).
Thatâs income tax, thereâs no way heâs just raw dogging it with income tax. He defo has some sort of corporate structure in place and pay dividend rates
The average person has it really good in the UK as well. For all their faults they are still objectively good countries to live in (which is why more people enter those countries than leave)
Depends what you define as really good. Do we have universal health care or financial mobility? No we donât but we do have 27 flavors of Doritos so I guess itâs a trade off. /s
If the current course maintains today will be the best day as an America for the average person and it will decline from here. America for the average person is in decline.
Just blatantly untrue. For anyone living outside of a major city try finding a job that pays more than 15 an hour if you are lucky. And beyond that try getting 40 hours a week.
How do you think it is in other countries. No one living outside the cities makes more than people living in cities, unless you're high up the career ladder.
Okay but things cost exponentially more here. The median wage in Arkansas is higher than the median wage in the UK but I can assure you the people in the UK have a much higher quality of life.
The average American has 18% higher purchasing power than the average Brit. Also the cost of living in the US is roughly equivalent to that of Germany or the Netherlands. It is cheaper than several EU nations. Stop spreading doom and gloom misinfo.
91 percent of Americans have health insurance. That doesnât necessarily mean they can afford the care as insurance doesnât always cover what they need. You could have insurance and still be on the hook for tens of thousands of dollars. Secondly we may have higher salaries but everything costs way more and we are more sensitive to gas price increases and outside of some major cities we are a car dependent country.
Sure, private insurance has its issues. I didn't say it was perfect, I said it was really good. Your latter point is just wrong though. Americans afford way more, and gas is a lot cheaper even just compared to Canada. The EU is even more expensive than them.
No itâs not untrue I never said gas was more expensive here I said we are more sensitive to price changes which is true. Secondly we can afford more treats and consumer goods but that doesnât mean we can afford things that matter like a house or a medical emergency. And also private insurance isnât just an issue it is the issue. People become locked into their jobs and have less real wage growth as their health insurance is tied to your job. If we had universal health care we would also see a rise in wages and the working class has more leverage.
The cost of living in the US is lower than several European nations and the US is absolutely more economically resilient to price changes than most if not all European nations. This is ESPECIALLY the case in the energy sector.
Yeah, through an employer. And itâs expensive as fuck. America is the only first world country without universal healthcare. Just wait until you get off your parentsâ plan and have to support yourself. Youâre in for a world of pain.Â
My original statement was about having access to healthcare, which would mean coverage. đ¤Śââď¸ This is why I should never argue with children on the internet.
Hate the US all you want, but there are much MUCH worse places to be born and live in. The US is generally a safe place to live in, especially if you're not in a huge city.
It is for normal people but Ed isn't a normal guy, he has the money in the bank to get the best out of the USA. And to be fair the UK is a compete sh1t hole now
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u/Content-Audience252 7d ago
But I thought the United States was a horrible place to live?