Most Of Europe Is A Lot Poorer Than Most Of The United States

Most Of Europe Is A Lot Poorer Than Most Of The United States by Daniel J. Mitchell, Foundation For Economic Education

Living Standards Are Markedly Higher in the United States

I wrote previously that many European nations are doomed by demographics to fiscal chaos, but a lot of people don’t care that much about the future.

Bernie Sanders, for instance, looks at nations such as Denmark and Sweden today and says that America should copy their expansive welfare states.

Is he right?

[drizzle]

Well, it depends on the parameters. If, for some reason, somebody was holding a gun to my head and demanding that we copy the policies of a nation from the European Union, the Nordic countries would be among my top choices. Yes,...