Whyt is t¨he US economy so much successful tyhan other economies
Why does the us economy grow so much faster tyhan other western economies for example stagnating Europe and reduce its unemploument and inflation faster.
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Ynotisay · M
I think part of it is that Europe is a bunch of countries and the U.S. is just one. Policies vary. But the U.S, which means a lot of people, is most definitely driven by capitalism so there's steps taken to make sure the machine keeps running. The downside is that the lions share of the wealth is consolidated in to the hands of a very, very small minority despite the majority serving as the stream for that wealth. So on paper the U.S. is ahead of the game but that doesn't mean the citizens are. Obviously it could be far, far worse. Many other countries are suffering for real. Our lane is to keep a lot of people with their heads barely above water.