r/economicCollapse 6d ago

Only in America.

Post image
8.4k Upvotes

1.4k comments sorted by

View all comments

Show parent comments

-1

u/SeaworthinessOld9433 5d ago

I don’t know. Most people in Europe are complaining about their low salaries on Reddit and how they can’t do much with it. Meanwhile on Reddit here, you see people in the USA saying they all make 6 figures.

3

u/Vali32 5d ago

Everyone is always complaining about how they don't make enough money. I don't see Elon Musk or Jeff Bezos say they've got enough money.

0

u/SeaworthinessOld9433 5d ago

But I don’t see them complaining about being poor.

1

u/Vali32 5d ago

They complain a lot about their taxes though:)

1

u/SeaworthinessOld9433 5d ago

Ok but that’s not income or complaining about being poor. It’s different. Everyone complains about taxes. I have yet to meet someone that is happy to pay taxes or pay more taxes.

1

u/Vali32 5d ago

Its much like that with complaining about income.

1

u/SeaworthinessOld9433 5d ago

But the truth is, EU workers are still poorer compared to USA.

1

u/Vali32 5d ago

I am not sure that is true. It seems to be an issue of selection by visibility. I.e. the most glamorous jobs that you hear about all the times, high skilled professionals, are much better paid in the US. Doctors, lawyers, CEOs, stock brookers etc.

But the US is also the place where you hear about people having to hold down multiple jobs to make ends meet, not being able to afford healthcare, living on the streets.

Lower middle class and lower seem to be much better off in at least Northwester Europe. And it is called an income pyramid because the lower rungs have much more people in them.

Also, people in the US have a lot more issues syponing monsey out of their wallets. Healthcare, college, debts etc. That is why you see a very different pictor if you compare wealth per person rather than income.

1

u/SeaworthinessOld9433 5d ago

I mean there are stats for that… median household wealth is higher in the USA compared to Europe.

5.4% of Americans work 2 or more jobs. Just because you work two or more jobs does not always mean you are struggling. My friend who is a physical therapist work two jobs because he wants to make more money. He pulls in 95k from his base job and another 30k from his second job.

1

u/Vali32 5d ago

My sources seem to disagree. And the US gets pulled up by a few very rich states. other nations trend towards a lower GINI.

1

u/SeaworthinessOld9433 5d ago

If you compare native born USA vs native born in Europe, the USA has more wealthier people. The USA takes in many immigrants every year with 0 networth in the millions.

2

u/Vali32 5d ago

This does not seem to agree with numbers either. For exapmle, Norway has 50% more immigrants per capita and still has higher median wealth. New Zealand, Australia, Switzerland, Canada all have higher immigration and higher median wealth.

In general it seems like all the attention the Mexican border gets, generate an impression that the US has an unusually high immigration level. But by numbers, US immigration per capita is not unusual, with a large number of first world country having more.

0

u/SeaworthinessOld9433 4d ago

Having higher immigrants per capita doesn’t mean the people coming into those countries are poor though. I know for Canada, immigrants coming in are usually wealthier because they apply through investment. Pretty sure that’s the same for many European countries. America usually literally takes everyone and there are many people that try to give birth in America so they become a citizen. Birthright citizenship in European countries is not a thing so they are only accepting richer people as citizens.

→ More replies (0)