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by piva00
250 days ago
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Median wages while prices are higher doesn't mean much, Americans earn more but also pay quite a bit more in most products and services needed for living: housing, healthy food, transportation, healthcare, etc. After experiencing the American work life I'd never trade my life in Sweden to earn 2-3x more in California, I'm sorry to say but it wasn't better to earn more in the USA, I could buy more trinkets but daily life was just not better. There's a point where you should look past wages, what's the overall quality of life of living in a place where workaholism is rampant, stress from financial anxiety is constant, having to hedge for potential catastrophic events such as a health scare putting oneself into massive debt, losing your job in a downturn (or simply due to an industry going into herd mode and colluding on layoffs), so on and so forth. Or you can keep using wages and money as your only guidance in life, I understand that's the only way most Americans can think about life. It's rather puerile though, as if simple metrics are the determining factor of a good life. |
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I've said this before, but every "US vs Europe work" debate ends with the European patronizingly scolding the American for thinking money is the most important thing in life. I'm also not interested in that.
I am only interested in the labor market.
You can say the numbers don't matter, but then you've adopted essentially an unfalsifiable position.
Another factor to consider is the ease of quitting your job. In the US (at least, I have found), it is quite easy to quite your job and find a new one.
This matches the logic under which it's easy to fire in the US. Every cost of a regulation has a side-effect. If it's easy to fire, it's easy to hire. The article explains how American companies are more willing to hire for positions which wouldn't otherwise exist.
If you are not interested in that, then quit your job and don't work in a position which involves innovation. Which in America, is easy to do.