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Brian23042ParticipantI think that’s a bit extreme, but there is some truth to it. One big issue in America is the gap between rich and poor, and frankly, the hard-working and the lazy. I’m the managing editor of a daily newspaper, and as part of the journalism industry, see some of the worse hours/time-off situations in the country. But, my chief photographer has worked at this paper for 26 years and has 5 weeks of vacation each year, plus sick days and personal days. There is no way he would be without retirement income, regardless of the company’s decision to fire him or sell out to another corporation. He has a 401k program that he’s been putting money into since he began working. He’ll also have Social Security benefits upon retirement. The Social Security benefits are similar to your government pension plan, where they take a percentage of your pay from each check. Obviously, the more you’ve earned over a lifetime, the more you’ll get from that Social Security fund. I feel that people in America have a great deal of choice when it comes to their work, but those choices have consequences and there won’t be as large a safety net for failure as there are in more socialist countries. An individual can choose to go to college and become, for the most part, whatever they want. If they’re a teacher, for instance, they’ll have nearly four months off each year and a state-backed retirement plan. If they choose to be a lawyer they’ll work 80 hours a week and have their own retirement plan. The lawyer will probably make more than the teacher, but he’ll work more hours and holidays. And, you can choose not to work, but that will result in being poor (big suprise). I would say, in America, you can go as high as you want to, but no one is going to, or should, bail you out if you make bad choices.
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Name : Brian23042, City : Peru, State : IN, Country : United States,- AuthorPosts
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