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by ghusto 726 days ago
> EU productivity is already lagging its peers

Source!

> Less productivity means everyone in Europe will get poorer, with declining living standards

We have some of the highest living standards in the world. In caparison to the U.S.A. in particular, it's like a utopia.

> There is no silver lining to this. The EU has to stop strangling its most productive industries with onerous regulations, and allow markets the freedom to innovate and increase productivity.

The silver lining is American cultural imperialism is ended in Europe, and we live how we want to over here. There are different ways of living, with different values.

1 comments

> We have some of the highest living standards in the world. In caparison to the U.S.A. in particular, it's like a utopia.

Give it a few more decades of compounding lagging productivity, and that will no longer be true.

> The silver lining is American cultural imperialism is ended in Europe, and we live how we want to over here. There are different ways of living, with different values.

Productivity has nothing to do with cultural imperialism. China has dramatically increased their productivity, and that story has nothing to do with American imperialism