You are absolutely wrong. Do you even work in Manhattan? If you stand outside Fulton St. or Wall St. stations at 8:30am you’ll see that the vast majority of “Wall St. Bros” take the subway to work.
I’ve worked in the World Trade Center for 5 years now and I don’t recall any coworkers who drive to work.
Thrive is one of the 10 most respected firms in venture capital. They work super hard and have a track record to prove it. Nobody who knows what they’re talking about would consider them dumb money.
You are correct that most of Western Europe is ahead at the first decile, but you are incorrect to imply that it’s at the top 1% that the advantage goes away. In fact, the US meets the richest EU countries at the 50th percentile (meaning the median person is equally better off) and at the 90th percentile, you are much much better off in the US - it’s not comparable. The fact is, for everyone middle class (not by a local definition of middle class - literally middle) or above, the US will have you significantly better off. https://www.ft.com/content/ef265420-45e8-497b-b308-c951baa68...