TranceAddict Forums (www.tranceaddict.com/forums)
- Political Discussion / Debate
-- Europe vs. USA
Pages (3): [1] 2 3 »
Europe vs. USA
An interesting article I just read in the WSJ today.
Link
| quote: |
Europe vs. America June 18, 2004; Page A10 The growing split between the U.S. and Europe has been much in the news, mostly on foreign policy. But less well understood is the gap in economic growth and standards of living. Now comes a European report that puts the American advantage in surprisingly stark relief. The study, "The EU vs. USA," was done by a pair of economists -- Fredrik Bergstrom and Robert Gidehag -- for the Swedish think tank Timbro. It found that if Europe were part of the U.S., only tiny Luxembourg could rival the richest of the 50 American states in gross domestic product per capita. Most European countries would rank below the U.S. average, as the nearby chart shows. The authors admit that man doesn't live by GDP alone, and that this measure misses output in the "black" economy, which is significant in Europe's high-tax states. GDP also overlooks "the value of leisure or a good environment" or the way prosperity is spread across a society. But a rising tide still lifts all boats, and U.S. GDP per capita was a whopping 32% higher than the EU average in 2000, and the gap hasn't closed since. It is so wide that if the U.S. economy had frozen in place at 2000 levels while Europe grew, the Continent would still require years to catch up. Ireland, which has lower tax burdens and fewer regulations than the rest of the EU, would be the first but only by 2005. Switzerland, not a member of the EU, and Britain would get there by 2010. But Germany and Spain would need until 2015, while Italy, Sweden and Portugal would have to wait until 2022. ![]() Higher GDP per capita allows the average American to spend about $9,700 more on consumption every year than the average European. So Yanks have by far more cars, TVs, computers and other modern goods. "Most Americans have a standard of living which the majority of Europeans will never come anywhere near," the Swedish study says. But what about equality? Well, the percentage of Americans living below the poverty line has dropped to 12% from 22% since 1959. In 1999, 25% of American households were considered "low income," meaning they had an annual income of less than $25,000. If Sweden -- the very model of a modern welfare state -- were judged by the same standard, about 40% of its households would be considered low income. In other words poverty is relative, and in the U.S. a large 45.9% of the "poor" own their homes, 72.8% have a car and almost 77% have air conditioning, which remains a luxury in most of Western Europe. The average living space for poor American households is 1,200 square feet. In Europe, the average space for all households, not just the poor, is 1,000 square feet. So what is Europe's problem? "The expansion of the public sector into overripe welfare states in large parts of Europe is and remains the best guess as to why our continent cannot measure up to our neighbor in the west," the authors write. In 1999, average EU tax revenues were more than 40% of GDP, and in some countries above 50%, compared with less than 30% for most of the U.S. We don't report this with any nationalist glee. The world needs a prosperous, growing Europe, and its relative economic decline is one reason for growing EU-American tension. A poorer Europe lacks the wealth to invest in defense, a fact that in turn affects the willingness of Europeans to join America in confronting global security threats. But at least all of this is a warning to U.S. politicians who want this country to go down the same welfare-state road to decline. |
Woohoo, that's right! My GDP kicks the crap out of your GDP any day of the week!!! Who wants to step up??? New York?? Kansas??? California?? You got NOTHING!! 
yay Connecticut!
Interesting read.
| quote: |
| Originally posted by occrider Woohoo, that's right! My GDP kicks the crap out of your GDP any day of the week!!! Who wants to step up??? New York?? Kansas??? California?? You got NOTHING!! |

The entire 49 page report is a fairly interesting read:
http://www.timbro.com/euvsusa/pdf/EU_vs_USA_English.pdf
Of course one must keep in mind that it is a free trade think tank when reading it. It performs a lot of interesting analyses however.
Hey Opus, go to page 14. Look I see you! Getting your ass beat by Wisconsin and Nebraska heehee. Goddammit if anything WE should be given statehood and YOU guys should be demoted to being a district! The district of Kansas ... I like the sounds of that. 
One thing I noticed in the article it said "cell phones per 1000" in the USA was 12.4 and in Sweden was 229.9. I knew that sweden would be higher but 12.4 seems very low? Hell every person I know seems to have a cell phone or in my case two of them.
| quote: |
| Originally posted by BadBadNeil One thing I noticed in the article it said "cell phones per 1000" in the USA was 12.4 and in Sweden was 229.9. I knew that sweden would be higher but 12.4 seems very low? Hell every person I know seems to have a cell phone or in my case two of them. |
| quote: |
| Originally posted by BadBadNeil One thing I noticed in the article it said "cell phones per 1000" in the USA was 12.4 and in Sweden was 229.9. I knew that sweden would be higher but 12.4 seems very low? Hell every person I know seems to have a cell phone or in my case two of them. |
ahhh so refreshing, that is why i am here
the US is the land of opportunity, and living the american dream
| quote: |
| Originally posted by occrider It could be that the European land line phone system sucks. I had read an article a while back that unlimited local calling minutes was unheard of in Europe. Also long distance calling must be a bitch considering you're likely to make long distance calls country to country as opposed to state to state therefore exposing you to more charges? THat's my guess. |
Its the taxes stupid.
Simple as that. Europeans believe they know whats best for you.
Americans believe in the individual.
A contrast in philosophy that produces real economic and social differences.
and Imokrouk, I'll forgive you for living in France. The trauma alone should be enough of a punishment.
| quote: |
| Originally posted by Yoepus Its the taxes stupid. Simple as that. Europeans believe they know whats best for you. Americans believe in the individual. A contrast in philosophy that produces real economic and social differences. and Imokrouk, I'll forgive you for living in France. The trauma alone should be enough of a punishment. |
| quote: |
| Originally posted by Yoepus Simple as that. Europeans believe they know whats best for you. Americans believe in the individual. |
| quote: |
| Originally posted by trancaholic It sounds good when you read it, but it's a peculiar comment considering that the liberal philosophy is due to a European, Locke, and the meddling in other countries affairs exhibited by the current US government. Maybe it should be restated like: "Each european believe that he knows what is best for all other Europeans. Americans believe in the individual American (as long as he is not gay or muslim)." |
| quote: |
| Higher GDP per capita allows the average American to spend about $9,700 more on consumption every year than the average European. So Yanks have by far more cars, TVs, computers and other modern goods. "Most Americans have a standard of living which the majority of Europeans will never come anywhere near," the Swedish study says. |


| quote: |
| Originally posted by trancaholic It sounds good when you read it, but it's a peculiar comment considering that the liberal philosophy is due to a European, Locke, and the meddling in other countries affairs exhibited by the current US government. Maybe it should be restated like: "Each european believe that he knows what is best for all other Europeans. Americans believe in the individual American (as long as he is not gay or muslim)." |
| quote: |
| Originally posted by Miss Proximus Am I the only one that finds this disturbing? If so, it reflects perfectly the Capitalist state-of-mind that is present in the American society. Who cares if you have 0, 5 or 10 cars??? Does it make you happier? Does it feed the dying children in Africa or does it stop wars around the world? I think in The Netherlands the standard of living doesn't really need to be improved. There are not many homeless people, an insignificant number (I wouldn't even know how few) of people live below the poverty line, the unemployment rate is low...I can go on...what more do you need ![]() I know this is not what the article is really about, but why is there a need to make such comparisons! Could it even be that the US GDP figure is somewhat irrelevant because you have so many overly-paid people living in your country? It's not that I feel the desperate need to defend my continent (although I have to face the fact that my Pro-NL behaviour is stronger now that the Euro 2004 is happening, haha), but I just felt like I needed to say this ![]() I might be the only person, btw, but I'm very happy our taxes are this high. We would have to miss out on a lot of great stuff if they lowered the tax-rate. And the DUtch may be moaning about it, they should see the difference!! (go live in Mexico for a year, for example) Hope I didn't make anyone suspect what my haircolour is, whahaha |
well you never know which great opportunities you may find down that cliff 
I say if you got the money spend it. Why the hell not. If I was making a few mill a year I'd sure as heck have a couple $5,000,000 houses and 10 cars too along with designer wardrobes and lots of investments. It seems to me the only people that say money doesn't make you happy are the people that don't have it which includes me but I've known people with lots of money and they seem VERY happy, moreso if they worked their asses offf for it and weren't just trust fund babies. I think you appreciate it more when you can say you had a nissan or toyota as a kid and now you have that BMW or Ferrari that you always wanted as a kid. I don't know if this is American type thinking but seems quite logical to me.
I don't understand what you work for if you don't work for a better way of life. It seems ike your job would become meaningless and drag if you just go to work not expecting to ever try to get a raise or work your way up the chain. Most of the super rich do give to charity, sometimes out of kindness, but many times because it lowers your tax bracket. Bill Gates is one example with his extensive work in Africa on the mission to cure aids. The guy has spent billions doing this and building schools and libraries around the country and he didn't have to do a thing.
Theres quite a few affluent people in Europe too, in fact the most expensive house in the world was recently sold in England and you can't honestly say that Europeans don't like their sports cars and material posessions, especially with companies such as Porsche, Ferrari, Bugatti, Lamborghini, BMW, Mercedes, Mclaren, etc being in Europe.
As one of my sociology professors once said about money...
"Money doesn't buy happiness, but it's next to impossible to be happy without it."
Depends how you look at it off course. Poverty in here is like 0.000001%. When I break a leg I get tons of social payments so I'll be fine. It's, as mentioned before, the difference on taxes/social requirements. Maybe that's why all those people from the Middle East countries come over here...
| quote: |
| Originally posted by Miss Proximus I know this is not what the article is really about, but why is there a need to make such comparisons! Could it even be that the US GDP figure is somewhat irrelevant because you have so many overly-paid people living in your country? |
| quote: |
| Originally posted by Yoepus I don't think gays or muslims are treated any worse in the USA than religious fundamentals, Americans, or Eastern Europeans are treated in Europe. As for what Europe once was does not give it any claim to the greatest it does not posess today. Further many of the enlightenment thinkers agreed that such thought of the individual as still reflected by Americans were only able to exist in the New World. |
| quote: |
| Originally posted by Yoepus Iraq clearly demonstrates the USA resolve of the individual. They are there now to make sure that the Iraqis are powerful enough to have their own individual rights and have the ability to preserve those rights. It has not chose to impose a new monarch, or imperical/colonial rule over the Iraqis such as the Europeans had done to it. |
| quote: |
| Originally posted by trancaholic Gee, Yoepus - you have done it again. I point to problems in the US, which would render the rosy picture you have painted invalid, and you "defend" yourself by attacking Europe. Why don't you try to respond to the actual points for once. And for that "Americans and Eastern Europeans are treated bad in Europe"-thing, apart from being wholly absurd wrt. the Eastern Europeans, have you anything to back up that claim? The Iraqis do not want democracy and capitalism - how many people need to be killed before that message gets through? If you really believed in the individual, you should have let the Iraqis depose of Saddam themselves, or have lend a hand when groups of Iraqis rebelled following Desert Storm, instead of sitting back and letting them get slaughtered. It seems to me that the Bush administration really thinks it knows what is best for other people. Take the comments about Turkey and whether it should be accepted for inclusion in the EU, for instance: Why on earth should that be any concern of a US administration? |
| quote: |
| Originally posted by trancaholic Gee, Yoepus - you have done it again. I point to problems in the US, which would render the rosy picture you have painted invalid, and you "defend" yourself by attacking Europe. Why don't you try to respond to the actual points for once. And for that "Americans and Eastern Europeans are treated bad in Europe"-thing, apart from being wholly absurd wrt. the Eastern Europeans, have you anything to back up that claim? |
| quote: |
The Iraqis do not want democracy and capitalism - how many people need to be killed before that message gets through? |
| quote: |
If you really believed in the individual, you should have let the Iraqis depose of Saddam themselves, or have lend a hand when groups of Iraqis rebelled following Desert Storm, instead of sitting back and letting them get slaughtered. |
| quote: |
It seems to me that the Bush administration really thinks it knows what is best for other people. Take the comments about Turkey and whether it should be accepted for inclusion in the EU, for instance: Why on earth should that be any concern of a US administration? |
Powered by: vBulletin
Copyright © 2000-2021, Jelsoft Enterprises Ltd.