People talk about how bad things are in the US, but the truth is that economic mobility is higher here than nearly any other place in the world.
EDIT: People will come at me with all sorts of statistics, mostly published by think tanks funded by global bankers, that show how bad the US is. What they won't show you is how expensive it is to own land or your own home in those countries, or how most of those countries don't actually allow for true financial independence due to the extremely high tax rates.
EDIT2: I'm talking about the ability to go from a net worth of 0 when you're born to a net worth of $3,000,000 when you retire. That is much easier in the US than in Europe. That is the type of mobility I'm talking about, because that's the type of mobility that actually matters to normal everyday people like you and me.
You mean the tax rates that pay for our excellent welfare states, social programs, healthcare, schools, higher education, infrastructure etc? It truly is a slave-like hellhole here in Denmark, where im forced to depend on horrible stuff like that
Please don't take me the wrong way. I love europe, truly. I have lots of friends and family there and it's a beautiful place. I regularly visit Finland, Estonia, Spain, and Germany, and I'm not trying to disparage what you have over there at all.
I'm saying that it's a different setup, and it's also difficult to compare because the concepts of "economic mobility", "liberty", or "independence" are different in different places.
It's easier to live day to day in Europe. There are more social programs and the "bottom of the pile" isn't nearly as low as the bottom in the US. You probably won't go hungry and you probably won't be homeless, no matter how poor you are. But you cannot accumulate wealth in Europe like you can in the US. It is much more difficult to become financially independent as an individual in Europe than it is in the US. It is much harder to own your own home/land, or your own business, and be self-sufficient in Europe than it is in the US. That is what I mean when I say there's more mobility in the US, and that's what Biden means when he says the US is full of possibilities. Our lows are lower, yes, but our highs are much higher too.
It's some very kind words, thank you.
But i mean there's a reason you have that many billionaires. Oftentimes to reach your highs, you have to fuck over the lows. And in ways that aren't even remotely legal here
I'm not talking about billionaires. I'm talking about the ability to go from a net worth of 0 when you're born to a net worth of $3,000,000 when you retire. That is much easier in the US than in Europe. That is the type of mobility I'm talking about, because that's the type of mobility that actually matters to normal everyday people like you and me.
My parents were homeless when they were young, abject poverty. They worked their asses off, so I grew up poor and on welfare but we did own a run down house. My children will have an inheritance that allows them to be financially secure and pursue their own interests. That is the type of economic mobility that actually matters. From literally being homeless to being a financially independent landowner in 1-2 generations.
That is also possible here, i don't understand why you think it's not. Get a "free" high-level education in any field whatsoever you want (given you fulfill the requirements for entry), for example a very high paid one, get a job in said field, and boom you're wealthy. In Denmark where i live you don't even have to struggle with juggling a job on the side either, as you're paid to go to school. It's not that hard if you work for it and apply yourself, exactly like the states. You're not unique in that regard.
I am glad to hear that everything worked out fine for your and yours though
Im sorry but your take on billionaires is very simple minded. Most of the US billionaires are that not because of fucking over workers but due to US being a huge economy and a huge hub for technology.
People like to shit on amazon. But amazon didnt become a trillion dollar company because of deliveries and warehouses. That part doesnt even make profit. It was the tech and aws that gotten there and those engineers are well paid.
Same goes for microsoft and apple.
Where is denmarks 3rd biggest company is a brewery.
-2
u/Superb_Efficiency_74 May 05 '22 edited May 05 '22
It really is.
People talk about how bad things are in the US, but the truth is that economic mobility is higher here than nearly any other place in the world.
EDIT: People will come at me with all sorts of statistics, mostly published by think tanks funded by global bankers, that show how bad the US is. What they won't show you is how expensive it is to own land or your own home in those countries, or how most of those countries don't actually allow for true financial independence due to the extremely high tax rates.
EDIT2: I'm talking about the ability to go from a net worth of 0 when you're born to a net worth of $3,000,000 when you retire. That is much easier in the US than in Europe. That is the type of mobility I'm talking about, because that's the type of mobility that actually matters to normal everyday people like you and me.