Americans Hold Over $4.1T in Consumer Debt

Re:Americans Hold Over $4.1T in Consumer Debt by aaronblohowiak on Sunday February 26, 2017 @12:00PM (#13738211)

You are comparing pre-tax income (USA) and post-tax (UK)! You also mixed your units. TO use net-adjusted disposable income, USA has 41k USD and UK 28k USD. Also, you'd need to adjust for the benefits you get from your government/employer (Health insurance) for a fair comparison. While American workers earn more than UK workers, that does not necessarily imply that the total cost of employment for UK employers is lower than total cost of employment for USA employers. I don't have that data handy.

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Re:Americans Hold Over $4.1T in Consumer Debt by bdcravens on Sunday February 26, 2017 @03:07PM (#13739495)

> you'd need to adjust for the benefits you get from your government/employer (Health insurance) for a fair comparison

Indeed. My out of pocket for medical care this year is $19k (and that's with one of the "gold" plans)

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Re:Americans Hold Over $4.1T in Consumer Debt by angry-hacker on Sunday February 26, 2017 @05:10PM (#13740279)

But how much is it compared to your salary? I pay 33% of my income just for Healthcare. Or well, government just takes it :)

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Re:Americans Hold Over $4.1T in Consumer Debt by bdcravens on Sunday February 26, 2017 @05:41PM (#13740445)

I won't give exact numbers, but somewhere between 10% and 33%. :-)

But for a typical developer, that would be in the neighborhood of 20%.

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Re:Americans Hold Over $4.1T in Consumer Debt by IshKebab on Monday February 27, 2017 @04:20AM (#13742953)

Where? UK is 0-10% of taxable pay depending on how much you earn.

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