I love it when the only response Europeans can make to the weakness of their own society is to say “oh yeah, well America sucks worse”. No one denies that we have our own issues to deal with here, but I don’t see the same kind of emigration statistics like the brain drain occuring in the old world. What is really hilarious is the mantra that the European economy is stronger than ours. I guess if you keeep telling yourself that long enough you might actually start to believe it.
Of course, that does not make it true. No less authority than that liberal bastion called the New York Times has an article dispelling the myth of a higher standard of living standard of living in Europe.
All this was illuminated last year in a study by a Swedish research organization, Timbro, which compared the gross domestic products of the 15 European Union members (before the 2004 expansion) with those of the 50 American states and the District of Columbia. (Norway, not being a member of the union, was not included.)
After adjusting the figures for the different purchasing powers of the dollar and euro, the only European country whose economic output per person was greater than the United States average was the tiny tax haven of Luxembourg, which ranked third, just behind Delaware and slightly ahead of Connecticut.
The next European country on the list was Ireland, down at 41st place out of 66; Sweden was 14th from the bottom (after Alabama), followed by Oklahoma, and then Britain, France, Finland, Germany and Italy. The bottom three spots on the list went to Spain, Portugal and Greece.
Alternatively, the study found, if the E.U. was treated as a single American state, it would rank fifth from the bottom, topping only Arkansas, Montana, West Virginia and Mississippi. In short, while Scandinavians are constantly told how much better they have it than Americans, Timbro’s statistics suggest otherwise. So did a paper by a Swedish economics writer, Johan Norberg.
Contrasting “the American dream” with “the European daydream,” Mr. Norberg described the difference: “Economic growth in the last 25 years has been 3 percent per annum in the U.S., compared to 2.2 percent in the E.U. That means that the American economy has almost doubled, whereas the E.U. economy has grown by slightly more than half. The purchasing power in the U.S. is $36,100 per capita, and in the E.U. $26,000 – and the gap is constantly widening.”
Can you imagine how bad it would be if the Euros actually paid for their own defense? Whatever. I stand by the assertion that Europe as we have known it is unlikely to survive the 21st century. If they weren’t so damn arrogant I might even feel some pity as their pathetic society goes the way of the dinosaur. Godless socialism, declining birthrates, staggering Muslim immigration, and an economy in the toilet. All hail the brilliance of our betters for creating a perfect storm of destruction.
Meanwhile, as we watch the former powers of Europe fade into oblivion, the Chinese are making noises. China will be America’s challenge in the coming years. I expect we will prevail but we won’t have the time or resources to bail out our feckless former allies for a third time.