zlacker

> US: "stop killing innovation" EU: " more regulation"

Have you ever stopped to think that maybe a large number of Europeans look at the lack of US regulation with disgust?

>>oblio+(OP)
Honestly so often I take my EU consumer and worker rights for granted, only to hear that they simply don't exist for 90+% of Americans. Amd then I wonder how they even live over there.

>>schubi+8G
In large houses with lots of land, multiple cars and lots of money.

>>ecshaf+1X
Yes. A few do, a lot don't.

>>oblio+(OP)
And a few innovative Europeans look on EU regulation with disgust and leave, taking their companies with them.

>>ecshaf+1X
Unfortunately they made the mistake to ban slavery /s

>>ecshaf+1X
I looked up to the US as a kid. Then I went to the US about 8-10 times in my teenage years (lost the count) due to my dad's work. We travelled through ~20 states. Only during those trips I realized in what poor life standards most Americans live. My wife lived in the US for a year and had the same experience. She also found that average Americans have real weird believes about the rest of the world (this was in the nineties), like they would ask her whether Hitler is still alive, whether Europe only has US radio stations, and some believed that Europeans don't have fridges.

Another thing that surprised me was the segregation. One time we went out to eat something while crossing some states. Apparently we drove into a black neighborhood, and we walked into a large place with a buffet. And suddenly almost everyone was looking at us completely stunned. Then the other shoe dropped, we were the only white people, and they were probably surprised that white people showed up. They were extremely nice to us, but for me it also uncovered how weird the US is.

>>solids+Qo1
It's not ideal, but the EU has 450 million people. It can probably survive.

>>ecshaf+1X
Median savings in America: $8,000

Median savings in Belgium: €14,000

A lot of Americans just try to outspend the Jones' and are crippled in debt.

>>solids+Qo1
They're going to the US for the VC funds and the capital markets, which is America's great competitive advantage globally. In the few industries I went through (PaaS, Health, Finance) what I got was that the regulatory environment in Europe was welcome for being stable and clear, or existing at all in a few cases. There's been one case where I've seen regulation being an issue and preventing business from being fully conducted in Europe, and that was related to banking (in that instance that company had to be set up in Dubai).

>>usr110+gp1
Slavery was a major economic drain, it wasnt a boon to the us economy. There is a reason the south remained agricultural and under developed, it was slavery.