Thank you for the comment, I always welcome different views :)

The idea that European countries somehow give free money to their population is mistaken.

Access to social security comes with conditions and at great costs, which means higher taxes, which means lower innovation and economic dynamism, which means loss of prosperity.

There are two underlying reasons why Americans struggle.

1. They don't get paid in proportion to the value they deliver, which goes into the pocket of shareholders. In Europe, there are laws regarding salaries.

2. The US balance of trade is negative by 610 billion yearly, which weakens the US dollars and creates inflation. Americans don't produce most of what they consume.

The EU trade balance is positive. The majority of what we consume was also made in the EU, which means lower consumer prices and maximum capture of value.
Thank you for the comment, I always welcome different views :)

The idea that European countries somehow give free money to their population is mistaken.

Access to social security comes with conditions and at great costs, which means higher taxes, which means lower innovation and economic dynamism, which means loss of prosperity.

There are two underlying reasons why Americans struggle.

1. They don't get paid in proportion to the value they deliver, which goes into the pocket of shareholders. In Europe, there are laws regarding salaries.

2. The US balance of trade is negative by 610 billion yearly, which weakens the US dollars and creates inflation. Americans don't produce most of what they consume.

The EU trade balance is positive. The majority of what we consume was also made in the EU, which means lower consumer prices and maximum capture of value.