Home › Forums › Financial Markets/Economics › Civics lesson
- This topic has 90 replies, 11 voices, and was last updated 15 years, 9 months ago by hugo.
-
AuthorPosts
-
March 23, 2009 at 12:26 PM #372216March 23, 2009 at 12:42 PM #372230afx114Participant
[quote=AN]I guess many people are happy in the country they’re in and don’t want to move. I don’t understand it either, but that’s just the way it is.[/quote]
Many people in Sweden (and more generally Europe) wonder why many Americans work 60 hour weeks, only take 2 weeks of vacation, never spend time with their family, and work till they die — just to be ‘successful.’ Different lifestyles, that it all. The general stereotype is that Americans live to work, while Europeans work to live. One is not right while the other is wrong — they’re just different.
March 23, 2009 at 12:42 PM #372273afx114Participant[quote=AN]I guess many people are happy in the country they’re in and don’t want to move. I don’t understand it either, but that’s just the way it is.[/quote]
Many people in Sweden (and more generally Europe) wonder why many Americans work 60 hour weeks, only take 2 weeks of vacation, never spend time with their family, and work till they die — just to be ‘successful.’ Different lifestyles, that it all. The general stereotype is that Americans live to work, while Europeans work to live. One is not right while the other is wrong — they’re just different.
March 23, 2009 at 12:42 PM #371772afx114Participant[quote=AN]I guess many people are happy in the country they’re in and don’t want to move. I don’t understand it either, but that’s just the way it is.[/quote]
Many people in Sweden (and more generally Europe) wonder why many Americans work 60 hour weeks, only take 2 weeks of vacation, never spend time with their family, and work till they die — just to be ‘successful.’ Different lifestyles, that it all. The general stereotype is that Americans live to work, while Europeans work to live. One is not right while the other is wrong — they’re just different.
March 23, 2009 at 12:42 PM #372387afx114Participant[quote=AN]I guess many people are happy in the country they’re in and don’t want to move. I don’t understand it either, but that’s just the way it is.[/quote]
Many people in Sweden (and more generally Europe) wonder why many Americans work 60 hour weeks, only take 2 weeks of vacation, never spend time with their family, and work till they die — just to be ‘successful.’ Different lifestyles, that it all. The general stereotype is that Americans live to work, while Europeans work to live. One is not right while the other is wrong — they’re just different.
March 23, 2009 at 12:42 PM #372059afx114Participant[quote=AN]I guess many people are happy in the country they’re in and don’t want to move. I don’t understand it either, but that’s just the way it is.[/quote]
Many people in Sweden (and more generally Europe) wonder why many Americans work 60 hour weeks, only take 2 weeks of vacation, never spend time with their family, and work till they die — just to be ‘successful.’ Different lifestyles, that it all. The general stereotype is that Americans live to work, while Europeans work to live. One is not right while the other is wrong — they’re just different.
March 23, 2009 at 12:51 PM #372244SDEngineerParticipant[quote=AN]There are probably different implementation of socialism too. I know many people from Sweden and over there, you’d get pay equivalent doing manual labor work as being an engineer. Since school is also free over there, many people chose to do manual labor work instead since it require less education and you get paid the similar.[/quote]
Entry level this is true – however, this is not true once you get into mid career path (I work with a Swede :D).
It is not true once you hit mid career levels or higher. A mid career engineer there makes a little less than here, but is still well above median wage (either here or there). 75K or so in equivalent dollars. Management is a bump above that. The payscale is somewhat compressed compared to here, but there is still a range, and the higher demand and higher education jobs still pay significantly better over a career.
March 23, 2009 at 12:51 PM #372288SDEngineerParticipant[quote=AN]There are probably different implementation of socialism too. I know many people from Sweden and over there, you’d get pay equivalent doing manual labor work as being an engineer. Since school is also free over there, many people chose to do manual labor work instead since it require less education and you get paid the similar.[/quote]
Entry level this is true – however, this is not true once you get into mid career path (I work with a Swede :D).
It is not true once you hit mid career levels or higher. A mid career engineer there makes a little less than here, but is still well above median wage (either here or there). 75K or so in equivalent dollars. Management is a bump above that. The payscale is somewhat compressed compared to here, but there is still a range, and the higher demand and higher education jobs still pay significantly better over a career.
March 23, 2009 at 12:51 PM #371787SDEngineerParticipant[quote=AN]There are probably different implementation of socialism too. I know many people from Sweden and over there, you’d get pay equivalent doing manual labor work as being an engineer. Since school is also free over there, many people chose to do manual labor work instead since it require less education and you get paid the similar.[/quote]
Entry level this is true – however, this is not true once you get into mid career path (I work with a Swede :D).
It is not true once you hit mid career levels or higher. A mid career engineer there makes a little less than here, but is still well above median wage (either here or there). 75K or so in equivalent dollars. Management is a bump above that. The payscale is somewhat compressed compared to here, but there is still a range, and the higher demand and higher education jobs still pay significantly better over a career.
March 23, 2009 at 12:51 PM #372074SDEngineerParticipant[quote=AN]There are probably different implementation of socialism too. I know many people from Sweden and over there, you’d get pay equivalent doing manual labor work as being an engineer. Since school is also free over there, many people chose to do manual labor work instead since it require less education and you get paid the similar.[/quote]
Entry level this is true – however, this is not true once you get into mid career path (I work with a Swede :D).
It is not true once you hit mid career levels or higher. A mid career engineer there makes a little less than here, but is still well above median wage (either here or there). 75K or so in equivalent dollars. Management is a bump above that. The payscale is somewhat compressed compared to here, but there is still a range, and the higher demand and higher education jobs still pay significantly better over a career.
March 23, 2009 at 12:51 PM #372402SDEngineerParticipant[quote=AN]There are probably different implementation of socialism too. I know many people from Sweden and over there, you’d get pay equivalent doing manual labor work as being an engineer. Since school is also free over there, many people chose to do manual labor work instead since it require less education and you get paid the similar.[/quote]
Entry level this is true – however, this is not true once you get into mid career path (I work with a Swede :D).
It is not true once you hit mid career levels or higher. A mid career engineer there makes a little less than here, but is still well above median wage (either here or there). 75K or so in equivalent dollars. Management is a bump above that. The payscale is somewhat compressed compared to here, but there is still a range, and the higher demand and higher education jobs still pay significantly better over a career.
March 23, 2009 at 5:08 PM #372079jpinpbParticipantOk. Just to really get the noggin going:
Some people argue we need to bail out the banks to help the economy in general – right or wrong, that is what they’re saying.
So – a form of corporate welfare IMO – regardless.
Some people say let the banks fail.
So if the bank fails, then if the first group is correct, we all will suffer.
We will all get F’s, in effect. It’s like a reverse socialism won’t work either.
“Society” is too connected.
Edit – we see how socialism is working on the people walking away from homes that are getting bailouts. One guy legitimately for whatever reason can’t pay the mortgage. He gets a bailout. Neighbor says, “Why should I be a sucker and pay when he gets help?” He stops paying.
Now the taxpayers get the bill as all those people walk. If no one got help, people would pay or walk and a renter takes over.
March 23, 2009 at 5:08 PM #372406jpinpbParticipantOk. Just to really get the noggin going:
Some people argue we need to bail out the banks to help the economy in general – right or wrong, that is what they’re saying.
So – a form of corporate welfare IMO – regardless.
Some people say let the banks fail.
So if the bank fails, then if the first group is correct, we all will suffer.
We will all get F’s, in effect. It’s like a reverse socialism won’t work either.
“Society” is too connected.
Edit – we see how socialism is working on the people walking away from homes that are getting bailouts. One guy legitimately for whatever reason can’t pay the mortgage. He gets a bailout. Neighbor says, “Why should I be a sucker and pay when he gets help?” He stops paying.
Now the taxpayers get the bill as all those people walk. If no one got help, people would pay or walk and a renter takes over.
March 23, 2009 at 5:08 PM #371792jpinpbParticipantOk. Just to really get the noggin going:
Some people argue we need to bail out the banks to help the economy in general – right or wrong, that is what they’re saying.
So – a form of corporate welfare IMO – regardless.
Some people say let the banks fail.
So if the bank fails, then if the first group is correct, we all will suffer.
We will all get F’s, in effect. It’s like a reverse socialism won’t work either.
“Society” is too connected.
Edit – we see how socialism is working on the people walking away from homes that are getting bailouts. One guy legitimately for whatever reason can’t pay the mortgage. He gets a bailout. Neighbor says, “Why should I be a sucker and pay when he gets help?” He stops paying.
Now the taxpayers get the bill as all those people walk. If no one got help, people would pay or walk and a renter takes over.
March 23, 2009 at 5:08 PM #372249jpinpbParticipantOk. Just to really get the noggin going:
Some people argue we need to bail out the banks to help the economy in general – right or wrong, that is what they’re saying.
So – a form of corporate welfare IMO – regardless.
Some people say let the banks fail.
So if the bank fails, then if the first group is correct, we all will suffer.
We will all get F’s, in effect. It’s like a reverse socialism won’t work either.
“Society” is too connected.
Edit – we see how socialism is working on the people walking away from homes that are getting bailouts. One guy legitimately for whatever reason can’t pay the mortgage. He gets a bailout. Neighbor says, “Why should I be a sucker and pay when he gets help?” He stops paying.
Now the taxpayers get the bill as all those people walk. If no one got help, people would pay or walk and a renter takes over.
-
AuthorPosts
- You must be logged in to reply to this topic.