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Lower wages and lower research budgets in Europe are very tangible problems.
The reason USA attract so many high level scientists and researchers, is that they throw more money at it.
Despite that, I'm sure most researchers will find that you can do more with less here in Europe, both on research and with your private economy. And quality of life seems to me to be miles ahead compared to USA.
Cost of living is significantly lower, and the social safety net means you don't need as much anyway.
My gut feel is wages are so much higher in the US because everyone is responsible for looking after themselves if life turns on them, so you're obliged to stockpile wealth in case you're suddenly jobless or have a giant medical or education bill to contend with.
This. People can make more in the US because the country doesn't give a fuck about it's people. It's like gambling the health and wellness of you and your family to horde up some Cash.
as if anyone in America is saving their money 🤣
There absolutely are. There are a lot of people at the top (not even billionaires) that are making tons of money as the working class suffer.
Yeah. The top 1% of incomes is generally $500K - $1M depending on which site I look at.
In the eyes of billionaires, people at that level are just poors that get paid too much to keep them humble, but with respect to regular incomes they are the rich people building investment portfolios in things like stocks and being a landlord to 5-10 units.
it is people, indeed
We call it savings, not hoarding. But yeah. You need it. If you lose your job here, you’re fucked.
One illness and it’s all gone. House, kit and kaboodle.
To be fair, it’s really one serious illness.
Not really. Could be something entirely fine but requiring monthly medication. If you can't afford that. You're fuck.
We have people rationing insulin in this country for Christ sake.
Well, sure, if we’re gonna bring in the do you have insurance factor, then it becomes a whole different game. If you don’t have insurance, I don’t even know. Death is probably imminent..
There are plenty of people whose policies get cancelled or there insurance companies refuse to cover stuff.
I know. I was trying to say that if we take that into account, it gets a whole lot worse.
For a lot of people in this country it's hording.