Even though Margaret may have felt this way, the UK is a very success socialistic country, and provides amazing citizen benefits that American could only dream about.
The UK sucked as a socialist country.
Sucked as it doesn't suck anymore? I agree there socialistic culture now is fantastic. Do you know of there benefit system?
Benefits - GOV.UK UK is one of our best allies, and a successful free market, but there citizens receive entitlements like. They enjoy 5.6 weeks of paid vacation every year:.
Holiday entitlement - GOV.UK They have a free healthcare system:
https://www.gov.uk/government/uploa...1-2900878-TSO-NHS_Guide_to_Healthcare_WEB.PDF
They have so many programs it would be very difficult to list them all, so please check them out
Benefits - GOV.UK
UK health care is terrible. We covered that.
Do you really want to exchange "surviving" for "free"? You'd rather risk dying to save a buck?
That's not a benefit.
And yes, they do have more mandatory paid vacation. I will grant you that.
But there is a trade off. Money doesn't magically grow on trees in the back yard of the company building.
So when you demand a benefit...... that money has to come from somewhere else.
Do you understand a concept called "Total Cost of Employment"?
This is how it works. I've been in small business for 20 years. When the employer decides to hire someone, they determine how much money they can afford to spend, to pay an employee to do a job.
They do not determine your wage, and then figure out how much it's going to cost them.... instead they look at the total cost of employment, and then determine your wage.
For example. Let's say I need someone to help me with my lawn mowing company. I determine that I can afford to pay them $30,000 a year, and still make a profit off of hiring them.
That means I can pay them $15/hr... right? No. It does not not. First I have to take out taxes. Then I have to take out unemployment compensation. Then mandatory health care, or the fine for not providing health care. Then I have to take out other benefits.
If all the benefits, and fines, and fees, and taxes, add up to $10,000, how much can I pay the employee? Only $10/hr.
What my point?
Yes, they have some benefits required by law, that we don't have here.
But the employees of Briton are paying for those benefits, just like we pay for our benefits..... through lower wages.
There is no such thing as a benefit, that the company simply pays the CEO or board of directors, or the business owners less money.... so that you can have 5 weeks of paid vacation.
*YOU* the employee, pay for every single benefit you get, either through lower wages, or lack of raises.
Now if you are willing to accept lower wages, so you can have another week of vacation, that's fine. But understand, more benefits equals less pay.
Here in America, most of the big companies have huge benefits. My company gives everyone a month of vacation time a year, and has really good health care..... but the wages are lower than you might find elsewhere.
There's a trade off. People in America have been screaming that middle class wages have fallen. But it's just not true. One of the factors people have ignored is more benefits, more paid vacation, more health care insurance, and so on. Yeah, your take home pay hasn't gone up, but that's because you demanded more benefits.
You can't have both. The amount of money the company has to pay each individual employee isn't is a finite amount. If you demand more vacation time.... then you can't get a raise next year. That's the trade off.
