Re:Share of U.S. workers holding multiple jobs is rising
by rayiner on Thursday February 18, 2021 @04:01PM
(#26185467)
Nobody says it’s impossible, just that there are trade-offs. France has a monthly minimum wage that works out to under $12/hour on a 35 hour week. It also had 8.5-9.5% unemployment over the last few years before COVID, while the US was half that at 3.5-4.5%.
Same thing with socialized medicine. Nobody says that socialized medicine is impossible, just that it requires a level of taxes nobody wants to pay. Again to use France as an example, health insurance is paid for with a 20% tax split between employers and employees: https://www.npr.org/templates/story/story.php?storyId=924192.... America could easily pay for socialized medicine with such a tax. That’s not how any proponents of socialized medicine in America have proposed to pay for their proposal.
Ironically, that’s just a different form of American exceptionalism. “We can have high minimum wages and socialized medicine like Europe without having higher unemployment and higher middle class taxes like Europe.”
Same thing with socialized medicine. Nobody says that socialized medicine is impossible, just that it requires a level of taxes nobody wants to pay. Again to use France as an example, health insurance is paid for with a 20% tax split between employers and employees: https://www.npr.org/templates/story/story.php?storyId=924192.... America could easily pay for socialized medicine with such a tax. That’s not how any proponents of socialized medicine in America have proposed to pay for their proposal.
Ironically, that’s just a different form of American exceptionalism. “We can have high minimum wages and socialized medicine like Europe without having higher unemployment and higher middle class taxes like Europe.”