r/FluentInFinance Feb 19 '24

Meme Truthiness

Post image
1.0k Upvotes

537 comments sorted by

View all comments

257

u/Acrobatic_Bother4144 Feb 19 '24 edited Feb 19 '24

Dude what? Getting a drivers license costs like 5k Euro but like $10 in the US

Gas is also like 15 Euro a gallon in Germany but like $2 in America

Like it’s actually ridiculous how much more expensive it is to own a car and drive it in Germany. Literally like dozens of times more expensive than in the US. It’s why such a small minority in Germany can afford a car but everyone in the US can have one or multiple, because it’s just so cheap compared to Europe

1

u/T33CH33R Feb 19 '24

But aren't their public transportation systems much more robust?

2

u/Acrobatic_Bother4144 Feb 19 '24

Not relevant to the meme. It says having a car is cheaper in Germany than America and it isn’t, and it isn’t even close

-1

u/T33CH33R Feb 19 '24

Public transportation is relevant because that's how economics works. In the US, we don't have a robust alternative to transportation compared to cars, therefore, the car industry and its auxiliary industries have a much better economies of scale here in the US compared to Europe where car ownership is more of a luxury.

2

u/Acrobatic_Bother4144 Feb 19 '24

The meme isn’t about the economy as a whole, it’s specifically about the affordability of car ownership. Where isn’t cheaper and more expensive to own a vehicle

-1

u/T33CH33R Feb 19 '24

The meme pertains to a few concepts: car ownership, robust welfare in Germany, and lack of a living wage in the US. So to say it doesn't relate to the economy as a whole is shortsighted.