When I stayed in France for a while, I knew a man who was 2nd-in-charge at a pretty large company.
I ate at his house a couple of times. He had a full-sized minivan, a lot of privacy in his neighborhood and a lot of landscaping / no lack of comfort in his house...
...but not marble everywhere, either.
At the time, I think back on him and wonder if he was one of the European executives who allegedly don't make much more than a few double-digits times bottom-of-the-company workers.
Did I possibly see a typical French "top 1%" person's house? It really wasn't that much different than my other friend's parents' house, which is probably a typical French "top 20%" person's house, and not too terribly much different from my other friend's parents' house, which might be a typical French "top 50%" person's house.
I mean, maybe he was only "top 20%" himself and I'm overestimating his income percentile.
But what if I really did see the life someone in the top 1%, and that's all he got as a member of the top 1%, with the rest of the portion of the country's GDP that he'd be allowed to take home in America going towards things like health care instead?
Tuesday, July 21
French Income/Wealth Gap + Socialing Health Care Costs
Posted by Author at 6:52 PM
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