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by ovi256 1662 days ago
> our quality of life is dramatically higher

(as a fellow European) By what metric ? Would love to know.

2 comments

Life expectancy and infant mortality come to mind[1]. As does leisure time[2].

[1] https://www.theatlantic.com/ideas/archive/2021/09/america-li...

[2] https://www.nber.org/papers/w11278

According to numbeo local purchasing power in my city is the same or better than most US cities despite the fact that my wages are much lower over here in Germany.

Tax policy has massively dragged the absolute price level downwards while having almost no effect on the relative price level.

(Disposable) income != quality of life.