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watwut 4 hours ago

Looking at USA right now, I just do not see how is that superior.

gfiorav 8 minutes ago | parent | next [-]

I’m not sure. If we compare the US to Europe (and I say this with a heavy heart), I wouldn’t be confident that the EU has a positive balance. There hasn’t been any growth in the EU in the last 25 years.

What’s Europe’s future? What's its current relevance?

Sure, the US could eliminate all other expenditures and provide every American with the best subsidized healthcare in the world. But what would that achieve? A few decades of chess-thumping to the world? Then bankruptcy? Who will fund the next innovation in healthcare? Is this what Europe did only now those decades of runway are coming to an end?

When you look at the US, you should note that the poorest state here has about the same per-capita GDP as Germany. And the disposable income for people is 50% higher than even Germany. If you don't consider Germany, the poorest state is richer than every EU country and has a disposable income 80% higher.

You want to feel free? You need disposable income. You want to start a company and have clients? You better hope those clients have disposable income.

You want a welfare state? You better have a strong economy. EU isn't trending too hot in that department.

Many of the usual suspects that defend social welfare "just because" also say things like "face the data!" I suggest you do. Just my thoughts.

id 3 hours ago | parent | prev [-]

It works handsomely for the 1%. The rest, well, ...