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KFCConspiracy t1_iumcb58 wrote

I'm not sure that better off is correct. If you're making 60k, your average american's healthcare will be insufficient for major medical expenses. Also, your average American isn't saving enough for retirement. If you correct for the benefits gap there, the take-home looks pretty similar, with the American having a lower life expectancy and less paid time off.

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Patari2600 t1_iumj7ui wrote

When looking at median Disposable income for US is about $43k, and for France it is $29k. Median Disposable income takes into account medical expenses and retirement savings, as well as rent costs, taxes, etc. basically its how much money is left over after all life expenses. So people still make more here than France. Though the French do get a lot more time out

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KFCConspiracy t1_iumq0u6 wrote

OK, but you still don't end up bankrupt in France over something like getting cancer, so that disposable income doesn't really tell the whole story about benefits. And they have a 5 year longer life expectancy, their infant mortality rate is 50% of ours.

Although I was surprised to learn we have almost exactly the same rate of poverty among seniors with their stronger pension program.

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