this post was submitted on 01 Nov 2025
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What kind of insane welfare programs does he imagine exists?
Unemployment in new york, for example, caps out at $440/week for six months. That's $22,880/yr, ignoring that you only get half a year. That's under minimum wage here.
For comparison, entry level software jobs at startup here are easily $100k.
Meanwhile, the wealthy can take loans out against their stock or other collateral to access their wealth without paying taxes.
They have to listen to crazy stuff that goes unchallenged. I've also lived in the UK and if you read the Daily Mail you'll see stories about people driving Ferraris and on welfare.
These bubbles can be really wild.
and they also can get subsidies from govt for alot too. other entry levels are like half that or even less than that in stem fields. okay maybe a HCOL is like 60k for some biotech, but you would already need a pretty robust EXperience to back up with though. and many fields have poor job prospects as well.