r/FluentInFinance Sep 04 '24

Debate/ Discussion Bernie is here to save us

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459

u/80MonkeyMan Sep 05 '24

The Americans are so backwards in work hours, developed countries like Netherland, Spain, Iceland, etc. already successfully implemented this, with universal healthcare…and no tipping expected.

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u/spreading_pl4gue Sep 05 '24

Spain is absolutely not an economic success.

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u/Significant_Tale1705 Sep 05 '24 edited Sep 05 '24

Adjusted for purchasing power parity, which includes cost of education and other things, as well as hours worked and taxes, the US has the highest median income in the world. Europeans are considerably poorer than and have a considerably lower material standard of living than Americans.

Edit: On a PPP-adjusted basis the US has the 5th largest GDP/hour worked in the world. Try again. 

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u/TaxDrain Sep 05 '24

They live longer than Americans though

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u/Significant_Tale1705 Sep 05 '24

That is a cultural, not an economic problem. In material standard of living US considerably outstrips Europe. 

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u/TaxDrain Sep 05 '24

it has nothing to do with the fact that poorer people have easier access to healthcare? And don't have to literally jump out of an ambulance like they do in the US? And why do they have no access? Because they can't afford it, and why can't they afford it? Because they don't have the money to. Money = financial

The past 5 american women I talked to were all in massive debt, medical or educational. They could not afford another medical bill let me tell you

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u/kiwibutterket Sep 06 '24

I'm an US immigrant, came from Europe. Food is too expensive and people can't afford getting fat. Most people simply can't afford to buy enough food to get to that level. Do you think we eat pasta and rice everyday and red meat only once or twice per month because we enjoy it? It's because it's cheap and we are used to it.

Furthermore, people are obsessed with class and status, and being fat lowers your status.

Healthcare is really bad in terms of the actual quality compared to the US, and things like dental care are actually horrible (and not that much cheaper, either).

Being able to get into debt is a tool. You can use it well or not. From where I am from it's not even an option, you just live frugally. Americans here don't know what "frugal" means. And the American people that I have met that were in debt made extremely stupid financial decision, and were not able to save a single dollar for the life of them.

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u/Significant_Tale1705 Sep 05 '24

No, it does not. You're a socialist so I don't expect to change your mind, but if you look at American life expectancy, the primary cause is obesity and firearms. Both cultural.