Comment by bumby

3 hours ago

Well gee, to start France has higher healthcare quality/access, higher life expectancy, much lower treatable mortality, better work-life balance (less hours worked, more guaranteed leave), lower wealth inequality, higher voter turnout (indicative of less apathy or less efforts to disenfranchise), among others.

One of the problems with just using economic metrics is it seems to confuse the fact that the economy is supposed to serve society, not the other way around. So it leads one to wonder: with those better economic measures, what is it buying for US citizens?

Many Americans have a strong bias for measuring everything in money. If you've lived there, it can be shocking how pervasive the thinking is in EVERY decision.

  • To quote de Tocqueville:

    “I know of no country, indeed, where the love of money has taken a stronger hold on the affections of men…”

All these things become meaningless when you cross the ~50th income percentile.

Besides work/life balance, the US gets much better as you earn more, and frankly high earners are generally less concerned with time off work too. Also why the US enjoyed ~30 years of European brain drain, those benefits are much less enticing when you are the one paying more and getting less.

  • Median US income is $45k. Almost 18% of US household income goes to healthcare costs. So you’re saying healthcare access/quality, time off, and mortality are moot once you make $23/hr? Color me skeptical.

    • I mean, you're on the cusp there but $23/hr is around where "full benefits" jobs become the norm.

      Also keep in mind that French pay a lot for healthcare too, except it's called taxes. That $23/hr in France would be taxed at 30% compared to 12% in the US.

      This only gets more dramatic as you climb the income scale, which inevitably means (in France) you are paying way more taxes (41% at $100k) while using those social services the least.

      Compare to the US where you are paying 22% on $100k and likely getting high tier health insurance for ~$200/mo from such a job.

      The takeaway is that America sucks if you are poor, but gets much better if you can make it out of the bottom half, and way better if you can get to the top 25%.

      P.S. there is a reason the media only talks about the bottom 50% and the top 1%. Talking about the 50-99% would reveal where the real money in the country is (and offend/call out half the country too).