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Re:Why America's economy is soaring ahead of its rivals by dukeyukey on Thursday December 05, 2024 @06:51AM (#42327258)
> We have no safety net

Bullshit. American unemployment pays consdeirably more than UK unemployment. Throw on food stamps and housing assisitance on there, and the US might still be below the more generous European countries, but you definitely have a safety net.

> unlike in Europe... So owning your home is a big part of having something to retire on and pay bills

So what, like the UK? And Ireland? And argaubly all of Europe east of Germany and in Scandinaivia, all places where home ownership is comparable or greater than the US?

Re:Why America's economy is soaring ahead of its rivals by DonnyV on Thursday December 05, 2024 @10:38AM (#42329186)
Unemployment is different in every state and is pretty short. I know in NJ its only for 26 weeks. Plus this isn't used for retirement. Have you ever tried getting food stamps or housing. Lets just say its not very easy. Also its setup so that as soon as you start getting a little ahead its taken away. So you end up right back where you started.
Re:Why America's economy is soaring ahead of its rivals by dukeyukey on Thursday December 05, 2024 @12:35PM (#42330384)
New Jersey unemployment is 60% of your weekly earnings to a max of $713.

UK unemployment (called Jobseeker's Allowance) is up to £90.50/week. $115.30 in dollars.