Comments by "Jake Johnson" (@ElectronFieldPulse) on "BritMonkey"
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häh - Another fun fact is that Germany has more homeless people than the USA! Oh, also, Germany has a GDP per capita of roughly Alabama, one of our poorest states. Oh, also, they completely ignored their department of defense because Germans have a culture of "let someone else deal with it so we can use our money on social programs". Which, you know, wasn't great when Ukraine was invades and Europe collectively turned its head towards the US for help. Europeans have some advantages, Americans have some advantages, I am just really tired of Europeans talking like they are advanced because they have denser cities and more social spending. I don't think Europeans realize they have become the caricature they used to mock, they are the jingoistic ra ra types now in order to feel superior since the US is increasingly leaving them behind when it comes to the economy.
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@ntro9347 - Ya? Where are you from? This is typical Euro coping. We have welfare bud, just not tye massive amount found in Europe. It is much better this way, as the US has seen a lot of growth since 2008, with Europe basically seeing a second recession the US never saw. The EU's share of global GDP is dropping while the US remains stable. You sacrificed long term prosperity for short term ease. And that is even with the US subsidizing the defense of the EU nations, allowing them to spend much less than 2% of their gdp by and large.
Anyways, the US spends trillions on government subsidized Healthcare. Entitlements are by far the biggest part of our budget, acting like there is no welfare is absurd. Remember how much more Americans were getting during the pandemic with beefed up unemployment payments in addition to the stimulus bills? Ya, just part of the economic prosperity the US enjoys. Europeans usually have more of it, but they also have absurdly high taxes in comparison. And considering how the US is starting to pull away from most European countries quite significantly economics wise, you guys are going to have some interesting choices coming up, lol.
The US had a better cancer survival rate than all European countries for a few years running, and that is just one example. We also lead the world in drug innovation by far. Our wait times are usually much less than European countries, even compared to functional ones like in Germany. Your image of the US being some libertarian hellscape is cute. It shows you were educated on social media and have hilarious stereotypes standing in for facts, but it does get tedious after a while. I bet you didn't know welfare was the tip budget item by far, did you? Because yout tik tok education didn't quite get to that part.
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@ntro9347 - You want to have a mature conversation? How can we start if you don't recognize something which has been widely recognized by academics and journalists across both countries? The EU economy has seen losses compared to the US for over a decade, and it is a worrying sign for European nations. Just for example, Europe completely missed the tech train. Look at the digital giants from the US, now look at the EU counterparts. These days, even if a European compamy shows promise, it is quickly bought by a US company. Despite Europeans constantly claiming that their welfare states dont adversely affect the economy, it is clear that the abundance of VC fundinf coupled with the low regulation and agile nature of capital in the US allowed the US to completely dominate Europe in the realm of tech. And considering tech is kind of the future, that is a big deal.
The European economy has been shrinking as a percentage of total GDP worldwide, meaning Europeans are getting poorer compared to Americans, there is no getting around this. No amount of nonsensical "it is all in the hands of 6 people!" Comments will nullify this fact. Do you accept the EU economy is now lagging behind the US? Not much we can discuss if you can't accept the problem.
All of those nice social programs are funded by a robust economy, and the math doesn't add up for the more comfy welfare states. The recent situation in France is but a mild prelude to the drama which will unfold on your continent. A retiree used to be supported by 20 workers, in places like Germany, it is getting dangerously close to a 1:1 ratio.
Furthermore, your demographics are bad. You are far below replacement rate, which is why your politicians have not vigorously defended your borders. Your countries need new young people to make sure they continue to function. Yet, you have had a lot more problems with integrating your new illegal immigrants/refugees, meaning your economy hasn't been able to utilize them.
Basically, your future looks much poorer than the US unless you are a petro state like Norway or a tax haven like Ireland. So, you won't die of starvation, but your future is much bleaker than the US. This is why Europeans constantly harp on their differences like government Healthcare or walkable cities. Because they know in less subjective findings than "quality of life questionnaires", they just can't compete with the US. This, predictably, leads to people like you overcompensating and thus envisioning the US as some third world hellscale to soften the blow of your own material decline. Europe is a fine place to live, but comparing yourselves to the US will yield some unfavorable results, even if you are used to like minded people reassuring you that nothing in the US is better than Europe.
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@ntro9347 - We pay programmers 4x compared to much of Europe. Our tech stocks are worth more than your entire stock market. So on and so forth. Now, you will probably reply how that doesn't mean anything because it is all in Elon Musks hands or some other cliche response, but our disposal income is the highest in the world. Our median income is in line with tiny states like Sweden and Norway. And that absolutely does translate to a better life. I think if you have to discount the economy as important, you are on the losing side of a battle. It means we can buy cheaper homes, get more food, have more activities, etc... Europeans will talk about things like not needing a car, because big surprise, their cities evolved in such a way you didn't need one. We have NYC, it's the same way, it isn't some accomplishment. The US is just too big for that to be common. I like Europe, but Europeans have become insufferable with their ignorance.
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@koolguy9531 - Not that it is the end of the world, but Europe is becoming poorer than America, significantly so. Here is a comment I made in another comment chain a second ago:
@ntro9347 - How can we start if you don't recognize something which has been widely recognized by academics and journalists across both countries? The EU economy has seen losses compared to the US for over a decade, and it is a worrying sign for European nations. Just for example, Europe completely missed the tech train. Look at the digital giants from the US, now look at the EU counterparts. These days, even if a European compamy shows promise, it is quickly bought by a US company. Despite Europeans constantly claiming that their welfare states dont adversely affect the economy, it is clear that the abundance of VC fundinf coupled with the low regulation and agile nature of capital in the US allowed the US to completely dominate Europe in the realm of tech. And considering tech is kind of the future, that is a big deal.
The European economy has been shrinking as a percentage of total GDP worldwide, meaning Europeans are getting poorer compared to Americans, there is no getting around this. No amount of nonsensical "it is all in the hands of 6 people!" Comments will nullify this fact. Do you accept the EU economy is now lagging behind the US? Not much we can discuss if you can't accept the problem.
All of those nice social programs are funded by a robust economy, and the math doesn't add up for the more comfy welfare states. The recent situation in France is but a mild prelude to the drama which will unfold on your continent. A retiree used to be supported by 20 workers, in places like Germany, it is getting dangerously close to a 1:1 ratio.
Furthermore, your demographics are bad. You are far below replacement rate, which is why your politicians have not vigorously defended your borders. Your countries need new young people to make sure they continue to function. Yet, you have had a lot more problems with integrating your new illegal immigrants/refugees, meaning your economy hasn't been able to utilize them.
Basically, your future looks much poorer than the US unless you are a petro state like Norway or a tax haven like Ireland. So, you won't die of starvation, but your future is much bleaker than the US. This is why Europeans constantly harp on their differences like government Healthcare or walkable cities. Because they know in less subjective findings than "quality of life questionnaires", they just can't compete with the US. This, predictably, leads to people like you overcompensating and thus envisioning the US as some third world hellscale to soften the blow of your own material decline. Europe is a fine place to live, but comparing yourselves to the US will yield some unfavorable results, even if you are used to like minded people reassuring you that nothing in the US is better than Europe.
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