"In 2021, households in the European Union enjoyed, on average, only 61 percent of the disposable income Americans enjoyed.
By this measure, rich European countries like Norway are behind poor American states like Mississippi. According to the McKinsey Global Institute, large European corporations invested 60 percent less than American corporations in 2022 and grew at two-thirds the pace. For a decade, Europe has been falling behind on capital development, research and development, and productivity growth. Even the vaunted German economy has basically flatlined since 2018." [1]
1. How Trump Wins (and Harris and the Democrats Blow It): David Brooks. New York Times (Online) New York Times Company. Sep 4, 2024.
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