4 ms·
One thing about EU vs US comparisons: EU is not a monolith, it is an organization with 28 different member countries. Some of EU members are on the same level
by mamon 9y ago
One thing about EU vs US comparisons: EU is not a monolith, it is an organization with 28 different member countries.
Some of EU members are on the same level as US (e.g. GDP per capita is $51k for Netherlands, $48k Germany), and then there are poor, post-communist countries like Romania and Bulgaria which have GDP of $20k, which brings EU average down.
Same goes for unemployment: Germany -> 3.9%, Netherlands -> 5.1%, Spain -> 18.75%
Plus, there is no such thing as "European attitude towards the work", because Europe is very diverse in that regard.
- acjohnson55 9y agoThe USA is likewise not that monolithic. More so than Europe, for sure. But still.
- bmmayer1 9y ago+1 true. I only grouped EU together for simplicity. It also makes sense since they, by their own political and economic admission, are a unified trade bloc and should share some responsibility for EU-wide economic indicators.