[IronIvan]

Can confirm. Lived a very frugal early retirement lifestyle in Austria because it was practically impossible to build wealth (high taxes, comparatively very low tech salaries, little entrepreneurial support/incentives).

Moving to the US I was able to 5-6x my income (from what I could have realistically made) , while reducing my tax burden by 15 percentage points, and so I've been happily living a workaholics' lifestyle since.

Looking back, it really boggles my mind how much engineering potential is squandered in Europe. You'd have to be an idiot to want to work hard given how raw of a deal you are getting (work for almost 2 decades as an engineer just so you can afford the average one family home - what a joke!) and people understand that intuitively (hence pushing for ever fewer work hours or even days because what else is there if your salary is essentially capped and you quickly hit a 50 % tax rate (when combining income tax and social security) for every additional hour worked).

</rant>

[rpadovani]

> (work for almost 2 decades as an engineer just so you can afford the average one family home - what a joke!)

I really don't understand this take. Why so many engineers feel entitled to have more than the average working Joe? If you are employed, our work is not risky, doesn't consume all your energy or your time, and so on.

I fully understand the _economics_ behind our salaries, but I am more than happy to give 45% of it to the society as a whole, so also who cannot afford the economy of scale (e.g., nurses, teachers), can still have a decent life.

I really cannot grasp the individualism about "I know how to write code, I deserve a better life than 95% of the population".

[kaashif]

> I really cannot grasp the individualism about "I know how to write code, I deserve a better life than 95% of the population".

You're missing something here. You can omit the first sentence. People already believe they deserve a better life than 95% of the population, even without being able to code specifically.

[caterpi11ar]

> I really cannot grasp the individualism about "I know how to write code, I deserve a better life than 95% of the population".

What if we worded this in a different way: "I have a skill which is more in demand than the skills of 95% of the population"

[winReInstall]

Because we are the gateway to exponential free work. Program once, run on x machines, supply all 8 billions with a service, for defacto nothing. From these hands flows cornucopia..

Just because the nano machinery is invisible, doesent mean it cant spin great things from nothing. Half the giants you see today, were nothing one generation ago.

[weatherlite]

Not OP but I think if you're gonna earn an average salary then tech is a pretty bad choice due to the constant shifting base of knowledge, lack of security (dot com type bubbles) and ageism prevalent in the industry. Being something like a government worker or teacher makes much more sense then. And unsurprisingly, in Europe a huge part of GDP is created by the government. Software developer roles in Europe are dominated by immigrants for much of the same reason - locals don't see these jobs as such a lucrative career path.

[gofreddygo]

> Why so many engineers feel entitled to have more than the average working Joe ?

Above average investments (time , effort & money) have a natural feeling of entitlement for above average returns.

Cost of getting an engineering degree of value is nowhere near any "average" degree.

Recent years have driven the median cost up and the median returns down. Hence the laments about "college is not worth it"

[uffndnjfncnc]

The average Joe in American can earn many times more than an engineer in the EU

[jll29]

I agree with your point about Europe squandering engineering talent.

Overall, it's a trade-off, though. You are right about the US opportunities, but there are downsides, too:

- crime (you get crime everywhere, but the US has a particularly and unnecessarily high level of serious crime like gun crime - e.g. school shootings happen pretty regularly);

- not everyone has good healthcare & social services (I am aware you will not personally be exposed to that, as you will have private healthcare; but it even bothers me if people around me are ill and cannot afford to get cured. I don't want to live somewhere where I can get a regular check at the Mayo clinic and my neighbor cannot afford their emergency dentist);

- low average education level (people generally don't know much of the world, history, literature).

- cultural life (theater, classical music etc.) is very uneven distributed.

Also, US taxation isn't that low in general, it dramatically depends on the state you live in (TX 0% state tax versus NY, MN etc. >40%).

There are places in Europe that have small tax rates (CH, LU), but they are not the best places to live for everybody. Everyone needs to weigh their priorities and match with the overall "package" (e.g. Canada is a good compromise: near-US salaries but Europe-like education of the general public) - and in any case, not everyone is free to leave where they currently reside.

Austria in particular has rather low salaries (but also low rents) - but places like Vienna have a magic feel to it that just doesn't exist on other continents. In comparison, in neighboring Switzerland are very high (anyone with a tech Master's degree would be on a six digits salary), but with a huge salary gap between locals and expats for doing the same job.

(I have lived in the UK, US, CH and DE.)

[annyeonghada]

All the problems you listed as US-specific problems exist in my corner of Europe too, except gun violence. And on top of that we have fewer jobs, lower salaries, higher taxes and high unemployment.

I love Europe: its history, its music, its art, its architecture, its legacy - yes! the good and the bad -, its food, its cultures. But from my point of view we are killing ourselves, choked in an endless decay, metastasizing bureaucracy, and never-ending hopelessness.

I'm sure the Nordic Country are happy though, and that's the problem: American tend to compare the worst of their country with the best of our continent.

[washmyelbows]

I'll be lucky if I can afford a single family home after 20 years of software engineering in the US. halfway there now, we'll see. Moving to a senior position has helped but I feel like a lot of people forget that the compensation in SV is not normal in other places.

[alistairSH]

SV is an outlier in both income and housing costs.

Here in DC metro, a mid-career developer should be able to afford a home without much trouble. Many of the best jobs are well outside the city (Tysons to Ashburn corridor) where housing costs aren’t terrible.

[moooo99]

I feel like this is somewhat misguided

> and so o I've been happily living a workaholics' lifestyle since.

That is one key aspect. I'm not a workaholic and most other people aren't either. I do somewhat enjoy my work, but I work to pay for my live, not the other way around. I make a decent salary and work 35h/week with 36 days of vacation. I do pay a lot of taxes, but I live in a city with pretty good and affordable public transit, I got my university education for free (okay, I admit, I paid a total of 600€ for my bachelors), etc.

In a well governed country, you don't only pay taxes but also receive something in return.

> work for almost 2 decades as an engineer just so you can afford the average one family home - what a joke!

This isn't necessarily a result of high taxes, its also a result of Europe being much denser populated than the US (or Australia), limiting the supply side for construction land. The kind of the construction also plays a role, the average newly built European home is substantially more solidly constructed than the reference in the US.

> hence pushing for ever fewer work hours or even days because what else is there if your salary is essentially capped

Have you ever considered that many people would much rather have more free time than more money? Beyond a certain level, increased income doesn't correlate with increased happiness/wellbeing. Where this level is certainly depends, but it is much lower than many people anticipate.

[sph]

Not all of Europe runs on a 50% tax rate though. My tax rate as company director in the United Kingdom is somewhere around 25%, and I can afford higher salaries than the rest of Europe while still enjoying the basic safety net of public health care.

But I'm originally from Italy, and the tax rate is exorbitant down there as well, with ridiculously low salaries.

You do you, but there is more to life than gross income from your employer. This is why I'd rather stay in this continent.

[annyeonghada]

>work for almost 2 decades as an engineer just so you can afford the average one family home - what a joke!

If you're lucky. The salaries in my country are so abysmal that nobody in my generation can buy a house: the only one with houses inherited them or have rich parents.

[morjom]

>You'd have to be an idiot to want to work hard given how raw of a deal you are getting

Yeah sorry I can't fly to another country because I'm not satisfied with -only- a family home.