Earlier quoted context omitted.
> One reason that Europe has very few innovative new companies created in the last 25 years is that everyone is at the coffee shop writing poetry. This does not dispute the central point of the quoted piece, which is that the quality of life of most Americans is very poor contrast to that of the average person in some subset of European countries. I would wager that most coffee shop employees are more concerned with…
It is pointless to compare richest subset of Europe to the entire US. If you want to do a fair comparison, compare entire Europe to the entire US. Then we see that Europe is not that much better and so called "awesome European welfare" is not reflecting into key metrics. Just to pick two examples, if Europe provides vastly better healthcare and education for free/cheap to its citizens, why is life expectancy or unemp…
I don't think that's really a fair comparison. Every city from NYC to a small town in Midwest get the same benefits of being one of the richest countries in the world. American federal policies affect everyone in America, rich or poor, in big cities or small towns. Comparing with every European country is disingenuous because that group also consists of Ukraine, Serbia etc. I would way a fair comparison will be with European countries with similar economic indicators as the USA. If you do that, you will notice that metrics are indeed better in those countries.