American Politicians Mimic The European Welfare State
Share
Share
Trending
Two days ago, I shared data showing that people in the big nations of Western Europe only have about 75 cents of income for every $1 that Americans earn.
That’s a remarkable gap, and it’s getting larger rather than smaller, even though theory says that shouldn’t happen.
But what’s even more shocking is that a poor person in the United States would be middle class in most European nations.
And a low-income person in America is better off than the average European.
Second, I want to scream at anyone who things we should copy the European economic policy.