Y Combinator co-founder Paul Graham warned on Thursday that Americans need an 11% increase in net worth just to maintain purchasing power following the dollar’s significant decline since President Donald Trump‘s inauguration. Dollar Index Shows Sharp ...
your pay would take a nosedive but your quality of life would improve significantly… nobody ever denies that US wages are higher than europe, canada, australia, etc… but money is a means to an end. people are far happier with less money throughout similarly developed countries
As a French citizen it drives me nuts. Yes, my take-home pay looks low from a US perspective. But my 6 years at college/university were free, my monthly hospital stay for a chronic illness costs me exactly nothing, having a kid cost me around 100€, the way-too-expensive daycare was 400€ a month, Internet is like 15 a month…
afaik just health care costs alone explain the entire difference… sure you can choose to go without health insurance… i guess that’s a kind of freedom
personally i prefer to make good choices that prevent future expense of all kinds without worrying about cost