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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Europe has a huge problem with employment, reliable source or not, especially among young professionals. Situation is dire in Italy, Spain, Greece and other countries [/quote]

The unemployment rate has actually improved a lot in Europe over the last decade. Still some way to go. Poor productivity growth is probably a bigger problem there now.[/quote]

French person here. Yes. Also, please keep in mind, when you consider salaries, that healthcare is cheaper, daycare is subsidized, universities have free or low tuition, etc. So families can afford to have kids on much lower household incomes than here.[/quote]

Don't forget the pension system. Nobody has to save for retirement. That's huge. You also don't need a car in many places.

Think of your most recent paystub and subtract all that you pay into for healthcare, retirement. [b]Subtract the cost of daycare, 529s, school tuition bills, the total cost of your car.[/b] What is your actual salary in that case? [/quote]

This is only relevant for someone living as dual income in a HCOL location.  Most Americans aren’t saving much in a 529, don’t have school tuition bills and pay less for a car than they would in a European country. Most Americans also have employer provided health insurance.

I’ll give you daycare but that’s for a short period of time.

Americans earn much, much more money than Europeans even when you consider the social benefits.

You’re discounting that most Americans utilize state universities, send their kids to public school and save very little for college. [/quote]

Given the above, do you think Americans generally are much happier than Europeans?[/quote]

Non-east coast Americans, yes. The pace is much slower.[/quote]

Why do you think the US always ranks so low compared to European countries in the various world happiness rankings (eg Oxford Uni, Economist)? Is it because those at the lower margin (ie poorest) drag down the US ratings (eg if you’re poor in the US, maybe you’re much unhappier than someone who is poor in many European countries)?[/quote]

I think it’s related to population density. Hard to find friends with diverse interests when you live in the middle of nowhere, Kansas. I live in NY and it’s super rural 30 miles outside of nyc.[/quote]

I definitely wouldn’t assume diversity makes people happier. Isn’t Bhutan one of the happiest countries? It is pretty homogenous. [/quote]

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