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For high achievers, no question, USA is the best place to be. EU has a stronger safety net, so folks looking for social welfare are better off there, and the EU is a much better place for Muslim migrants.
I think the fact that the UK is trying to claw back powers from Brussels and they are having a vote next year to pull out of the EU all together speaks volumes about it.
Of course things are going downhill recently but so is in EU.
But let's not forget in the last century they've been through two world wars.
GDP per capita is higher in the US than places like Germany mostly because all Germans get 6 weeks paid vacation plus lots of paid holidays to boot. And less overtime work. People simply work alot less. They simply want to live as well as work.
Of course things are going downhill recently but so is in EU.
But let's not forget in the last century they've been through two world wars.
The bottom half of the population in the EU is better off, and has a higher quality of life and standard of living than the bottom half in the United States. It is easier to make a good life for yourself in Europe -- contrary to popular belief, there is greater wealth and income mobility there than the US.
The United States economy is less regulated, and more economically productive and efficient -- just at the expense of the well-being of the vast majority of its people. It's a better place to take risks and get rich, and from an economic perspective it is a better place to be rich.
I think they both have some great qualities, and some areas that need improvement. But they're both doing quite well. To ask which is better is somewhat irrelevant.
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