The US economy and the EU were the same size in 2008, the US is now nearly 2X

Post by dougmwne » Tue, Jul 18, 2023, 7:47 AM UTC

scythe wrote: post #322

dougmwne wrote: post #73

Here’s a better comparison. The thing that really hurt the Eurozone was the 2011 - 2013 recession that the US did not experience. Plus there’s a slower growth rate even in the good times. https://freedomandprosperity.org/wp-content/uploads/2022/02/... That said, these numbers are very misleading and do not show well what a person’s life looks like in the US. By my own anecdotal estimation, in the EU low and medium in…

>The thing that really hurt the Eurozone was the 2011 - 2013 recession that the US did not experience. This is true, but understated in a crucial manner. By global standards, the greatest enduring strength of the US economy has been its ability to recover from downturns. More than anything else, that has pulled it ahead of competitors time and time again. When the early '80s financial crisis hit Japan with a lost dec…

Post by dougmwne » Tue, Jul 18, 2023, 7:50 AM UTC

gruez wrote: post #228

futureshock wrote: post #89

Earlier quoted context omitted.

I’d like to point out that the open door policy to refugees came because Europe was trying to escape the demographic trap and the collapse of the social safety net. The hope was that young refugees would become net positive GDP contributors for decades, an idea borrowed from the US. If that has failed, it’s due to a failure of integration. Europe can actually be quite a racist place and in many ways the US is better…

>I’d like to point out that the open door policy to refugees came because Europe was trying to escape the demographic trap and the collapse of the social safety net. This sounds like post hoc justification. If you want immigrants, wouldn't you want to pick the best and brightest, rather than whoever washes up on your shore?

Post by logicchains » Tue, Jul 18, 2023, 7:51 AM UTC

bamboozled wrote: post #408

onlyrealcuzzo wrote: post #32

Earlier quoted context omitted.

What about: - Your access to mRNA vaccines - Your access to cleaner air due to electric car adoption - Ditto for energy security and renewable sources of electricity - Your chance of dying in a car going down due to new safety features - Your access to crazy advanced cancer treatments that are making progress at almost miraculous paces - Your much improved ability to work from home, cutting out ~2 hours of commuting…

The pace things are improving is exponential. You're off your tree. Coal usage is at an all time high while the climate is collapsing. We're living on an exponential growing crisis is maybe what you should be saying.

Post by MilaM » Tue, Jul 18, 2023, 7:54 AM UTC

Post by kalleboo » Tue, Jul 18, 2023, 7:57 AM UTC

gruez wrote: post #228

futureshock wrote: post #89

Earlier quoted context omitted.

I’d like to point out that the open door policy to refugees came because Europe was trying to escape the demographic trap and the collapse of the social safety net. The hope was that young refugees would become net positive GDP contributors for decades, an idea borrowed from the US. If that has failed, it’s due to a failure of integration. Europe can actually be quite a racist place and in many ways the US is better…

>I’d like to point out that the open door policy to refugees came because Europe was trying to escape the demographic trap and the collapse of the social safety net. This sounds like post hoc justification. If you want immigrants, wouldn't you want to pick the best and brightest, rather than whoever washes up on your shore?