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Mac Budkowski 🥝 @ FarCon pfp
Mac Budkowski 🥝 @ FarCon
@macbudkowski
So the US wages seem to be much higher than Germany. But one friend raised an important concern - in Europe, you often have high-quality public education and healthcare. Wondering how the US wages look after you deduct the costs of these two.
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Leo Nasskau pfp
Leo Nasskau
@lsn
you can argue healthcare and education all you want you can even argue life quality, safety you can argue anything but none of this explains why European wages have fallen in dollar terms (am curious about domestic real wage growth tho), nor why PPP wage growth has been slower in Europe
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Mac Budkowski 🥝 @ FarCon pfp
Mac Budkowski 🥝 @ FarCon
@macbudkowski
European economies don't grow fast enough, nihil novi
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