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Live in America

  • 07-05-2026 01:51PM
    #1
    Registered Users, Registered Users 2 Posts: 8


    I follow a woman on IG who moved from England to the States and someone commented "America is only great if you're white, rich, and healthy".

    Putting aside Trump/politics, I've always found it weird why anyone would want/would have wanted to live there. I understand if you're from a developing country, but I don't see the appeal for anyone who comes from Europe. The lower taxes and opportunities are enticing, but if you can't make it, you can fall very easy with the lack of a safety net. It seems to be only decent if you're a top earner ($100,000+)



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Comments

  • Registered Users, Registered Users 2 Posts: 45,422 ✭✭✭✭ancapailldorcha


    I think a lot of the appeal is historical. From 1800 to 1900, the population went from a few million to almost 100 million. It's always been a place for Europeans to go to seek a better life for themselves. All they have to do is pay for the cost of transport and brave the risks. Most of the things we associate with a modern European country such as public education, healthcare, housing and welfare only appeared after the Second World War. Here in the UK, the NHS was established by the 1945-1948 Attlee Labour government. Since then, Europe's been improving.

    One could argue now that, depending on your socioeconomic status, Europe is where you might want to be. Sure, a lot of people will earn a lot less but there are reductions in things like the cost of good food, less need to own a car and you don't court bankruptcy by going to the hospital or phoning an ambulance.

    I work in a specialised field. If I moved, it'd be to somewhere like Massachusetts which will offer me double my salary but also hike my rent costs. I live in London so they're already quite high as it is. I also enjoy free healthcare here.

    There's stuff I like about America. They don't cut costs in their films and TV shows, they have some astounding natural beauty and it is such a vast and rural country that it'd be amazing to just drive from one end to the other. My day to day life is almost certainly better in Ireland or the UK though.

    The foreigner residing among you must be treated as your native-born. Love them as yourself, for you were foreigners in Egypt. I am the LORD your God.

    Leviticus 19:34



  • Moderators, Business & Finance Moderators Posts: 11,252 Mod ✭✭✭✭Jim2007


    You will always find people who believe in the dream… even you fell for the low taxes lie…. On average relative net take home in Europe is a little higher than the US! There are no European style private banks in the US for a reason - they go through money, they don't have money.



  • Registered Users, Registered Users 2 Posts: 34,831 ✭✭✭✭breezy1985


    Yeah, uh!

    Get up, now!

    Ow!

    Knock out this!



  • Registered Users, Registered Users 2 Posts: 6,540 ✭✭✭Francis McM




  • Registered Users, Registered Users 2 Posts: 45,422 ✭✭✭✭ancapailldorcha


    And what percentage of the population do they constitute?

    The foreigner residing among you must be treated as your native-born. Love them as yourself, for you were foreigners in Egypt. I am the LORD your God.

    Leviticus 19:34



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  • Registered Users, Registered Users 2 Posts: 6,540 ✭✭✭Francis McM


    According to google, it says that according to the U.S. Census Bureau, the population of the United States in 2024 was approximately 340.1 million people. And since there are 23.8 million millionaires throughout the country, that means they make up roughly 7% of the American population.

    That is about 1 in 14 people ( men, women and children). So maybe 1 in 9 adults or something. I wonder what percentage of the population do they constitute here in Ireland?



  • Registered Users, Registered Users 2 Posts: 149 ✭✭Migdal_Or


    As for the US and the OP, absolute statements like "America is only great if you're white, rich, and healthy" don't really hold up. You'll find plenty of affluent Black Americans in cities like Dallas, Houston, and Chicago, the same cities where you'll also find people of every race living in poverty.

    This popped up in a discussion recently. The UBS Global Wealth Report and the Central Bank of Ireland Household Wealth reports were listed as sources of the percentages that were given. 5% of adults in the Republic of Ireland are estimated to have US-dollar millionaires in global wealth reports, while 10–12% of households have net wealth above €1 million.



  • Registered Users, Registered Users 2 Posts: 8 fields1019


    This may be a weird take, but I think as a rich person living in the US still wouldn't be preferable to Europe due to the harsh justice system.

    I'm just thinking about how many rich people who hear involved in scandals/criminal behavior. I imagine if Russell Brand had moved to the US in his 20s and done the same crap as in the UK, he'd be looking at a significantly longer sentence.



  • Registered Users, Registered Users 2 Posts: 6,540 ✭✭✭Francis McM


    If you exclude peoples own houses the number drops dramatically in Ireland though.

    A report by Davy found that only about 75,000 households (out of roughly 1.9 million) are "truly" wealthy, defined as having over €1m in investable assets, excluding their home and pension.

    A pension can be a considerably asset though. Like my public service pension would be worth millions. Even back in 2017 that was the case for many others too.

    Or indeed in 2009. If you all up all the retired Gardai etc in the state, and include the value of their pension pots, the number of millionaires would be much higher.

    So we are not doing too bad compared to America.



  • Registered Users, Registered Users 2 Posts: 1,143 ✭✭✭littlefeet


    Fair play for shoehorning your hobby horse about Garda and public service pensions onto the thread.

    America: Humans have always woven stories about a land of milk and honey. Long before modern America existed, the longing for a land of milk and honey and a place where life is easy must have fulfilled some psychological need in humans.

    Ireland is a wealthy country.



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  • Moderators, Business & Finance Moderators Posts: 11,252 Mod ✭✭✭✭Jim2007


    Absolutely. If they had money, they would have actual private banking and they don't. And I am talking from actual experience of working in private wealth management on both sides of the Atlantic. They go through money, but they don't have money. Private banks require clients to deliver up and put under management hard cash, gold and silver to the tune of around $20m to be accepted as clients and most of America's millionaires struggling to realise that amount. Even Musk would struggle to realise $100m if the gun was put to his head. Very little of what glitters in the US is actual gold.



  • Registered Users, Registered Users 2 Posts: 6,540 ✭✭✭Francis McM


    62% of U.S. adults, or roughly 167 million Americans, own shares, either directly or through retirement accounts. Many Americans also prefer to own property or other assets they can see rather than trusting "private banking".

    Many an Irish person got their life savings wiped out because of the collapse of Anglo Irish, B of I and AIB and Ptsb/Irish life shares about 2 decades ago, so forgive us if we do not trust your "private banking" - especially when any private bankers I know retired with golden pensions. Precious few went to jail. If it was the States, more would have went to jail.



  • Registered Users, Registered Users 2 Posts: 9,125 ✭✭✭ceadaoin.


    There are "european style private banks" in the US though. I dont know why you think there isnt when there are so many extremely high net worth individuals. Its a bit of a ridiculous generalisation to say that "they" dont have money. As if bezos, zuckerberg, gates etc dont exist, not to mention that there are more billionaires in the US than any other country. Of course they have private banking, I dont think they stick their money in the local credit union.



  • Moderators, Regional Abroad Moderators Posts: 2,647 Mod ✭✭✭✭Nigel Fairservice


    When I was growing up I remember moving to America was something that was aspirational for a lot of people. The gloss has come off that idea in recent years, for me anyway. When I was in my late 20s I travelled across America coast to coast for 3 months and I never saw poverty like it in a developed country. I'd rather have nothing in Ireland than nothing in the US.



  • Registered Users, Registered Users 2 Posts: 1,360 ✭✭✭Everlong1


    One of the few plus points in my view. We could do with some U.S. style justice here with the likes of Martin Nolan and others letting scumbags stroll around free as a bird with 150 + convictions to their name.



  • Registered Users, Registered Users 2 Posts: 45,422 ✭✭✭✭ancapailldorcha


    Except their crime rates are far higher than Ireland's. The tough on crime thing is just right wing nonsense.

    The foreigner residing among you must be treated as your native-born. Love them as yourself, for you were foreigners in Egypt. I am the LORD your God.

    Leviticus 19:34



  • Registered Users, Registered Users 2 Posts: 1,360 ✭✭✭Everlong1


    You don't believe we should be "tough on crime"?



  • Registered Users, Registered Users 2 Posts: 45,422 ✭✭✭✭ancapailldorcha


    I don't think tougher sentences will have that much of an effect. The US imprisons more of its population than any other country and it's probably the most dangerous country in the West.

    The foreigner residing among you must be treated as your native-born. Love them as yourself, for you were foreigners in Egypt. I am the LORD your God.

    Leviticus 19:34



  • Registered Users, Registered Users 2 Posts: 1,960 ✭✭✭Benedict XVI


    The lower taxes and opportunities are enticing, but if you can't make it, you can fall very easy with the lack of a safety net. It seems to be only decent if you're a top earner ($100,000+)

    For Irish people who move to the US the safety net is the Irish community over there and the flight home.

    So if things don't work out you can always come home.

    And no one goes to America to fail, they go to work and make good money, if they can't make it they come home.



  • Registered Users, Registered Users 2 Posts: 14,783 ✭✭✭✭LambshankRedemption


    The safety net here is not fantastic either. Take a walk along the canal and look at all the tents. Those are not people on a cheap holiday.

    TBH, I'd rather be homeless in the US than here.



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  • Registered Users, Registered Users 2, Paid Member Posts: 25,000 ✭✭✭✭Sleepy


    An American millionaire stands a much higher risk of ending up homeless than an Irish millionaire though. The US is an extremely risky place to grow old as medical bills can wipe out a lifetime of savings and investment in a very short timespan.



  • Registered Users, Registered Users 2 Posts: 45,422 ✭✭✭✭ancapailldorcha


    Why do you think the homeless in the US fare better than their Irish counterparts?

    The foreigner residing among you must be treated as your native-born. Love them as yourself, for you were foreigners in Egypt. I am the LORD your God.

    Leviticus 19:34



  • Registered Users, Registered Users 2 Posts: 7,636 ✭✭✭Cordell


    America is only great if you're white, rich, and healthy

    I think she confused correlation with causality. America is great if you're educated and hard working, that will give you the opportunity to earn a lot more than here in Europe and therefore appear wealthy to the others. On the other hand, if your "culture" is your whole identity and skill set then you're gonna have a real bad time in America.



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  • Registered Users, Registered Users 2 Posts: 14,783 ✭✭✭✭LambshankRedemption


    I didn't say they fare better, I said I'd rather be homeless in the US than here, because you can go to a state where it doesn't rain 9 months of the year.



  • Registered Users, Registered Users 2 Posts: 45,422 ✭✭✭✭ancapailldorcha


    True but that was the implication. Anyway, I'd rather be somewhere like Finland where there seems to be a lot more support. Rain is easier to live with than poverty.

    The foreigner residing among you must be treated as your native-born. Love them as yourself, for you were foreigners in Egypt. I am the LORD your God.

    Leviticus 19:34



  • Registered Users, Registered Users 2 Posts: 14,783 ✭✭✭✭LambshankRedemption




  • Registered Users, Registered Users 2 Posts: 1,360 ✭✭✭Everlong1


    The fact that the U.S. has a high crime rate doesn't for a second mean that we shouldn't jail criminals. What are we supposed to do? Give out to them and tell them not to do it again? And please don't bother with the whole hug - a - thug, "it's not their fault, the kids have no FACILITEEZ" utopian nonsense that preaches that if we only gave every kid in the country their own playground they'd never turn to crime. We've tried the hug - a - thug approach for at least 30 years odd now. It has failed. Miserably. We now have a culture in this country that bends over backwards to give the crims their "rights" while the victims are simply ignored.



  • Moderators, Business & Finance Moderators Posts: 11,252 Mod ✭✭✭✭Jim2007


    That is not even true. The average US professional net take home is pehaps a few percent higher than in Europe, however if you consider pension, loss of income and disability cover, the average swings the other way with the European coming out better…. add in the work life balance and you'd be crazy to go to the US to on your basis.

    In the 90s I worked on the valuation of what was then the only significant private bank in the US for a take over. After the assessment we valued the bank at the value of their art collection, because that is all they had to offer and in the end the partners accepted our offer. To make money in provate banking you need clients with an AUM of about $3M and their clinets were closer to $500k. About two years later we sold the art collection and closed the bank!

    If you have good qualifications and speak English, German, French + Italian (esp), you can make very good money working in Euorpe and actually manage to accumulate wealth.



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  • Registered Users, Registered Users 2 Posts: 7,636 ✭✭✭Cordell


    I know plenty of professionals who have chosen US over Europe/Ireland. Some of them Irish. But they were not average :)

    I mean, I'm not arguing - if you value your time and sanity and life/work balance Europe is a better choice. But if your career is what matter most, US gives you more opportunities, especially if you're in any STEM fields.



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