Some Americans call us ‘Europoor’ - but there are seven ways we’re exceedingly rich | Emma Beddington
Our US friends may pity Europeans for our low salaries, high taxes and dependence on public transport – but they’re forgetting the really important stuff … I’m sorry to break this to you, but you may be “Europoor”. This is, apparently, what proud American patriots (the kind who describe themselves in those terms on their flag-forward X profiles anyway) are calling us Europeans , mocking us for…
While some Americans may view Europeans as "Europoor" due to low salaries, high taxes, and reliance on public transport, they are overlooking the numerous advantages Americans enjoy. In fact, the US has experienced more than double the post-pandemic GDP growth of the eurozone, at 15.6% compared to 7.2%. The UK also lags behind with only 6.3% growth.
When adjusting for the cost of essentials like housing, food, and services, the average US wage is $86,977, significantly higher than the UK's $66,299, Germany's $76,286, and France's $60,483 according to the OECD. This disparity is partly attributed to the remarkable growth of the US tech sector, fueled by artificial intelligence. This sector has enabled individuals to earn and accumulate wealth with fewer restrictions imposed by traditional regulations and taxation.
A Republican pollster, Brent Buchanan, even expressed a desire to distance the US from the current state of Europe.
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