> It's not black and white here. While the European market is appealing to some people, the US market is preferable to others.

I agree with that, it's a very individual topic. I'd say for high paying "high performance" jobs the US model definitely has an advantage but for low-wage jobs it's quite the opposite.

No need to go as far as "low wage". Having strong labour protections is great if you are middle class and below.