The words “Medical Bankruptcy” have no meaning here. Im plenty happy to stay.Yet another important reason to shun collectivism/socialism. Europeans chose big government and high taxes decades ago. . The US is trying desperately to stave off such a move to the left and leave citizens with a bit of their earnings to spend as they see fit.
Additionally, part if the less buying power is that most Europeans do not own a credit card. They have bank cards but they dont exist in revolving debt spending the same dollar several times over. They also value their time more than stuff.
Lastly, I paid more taxes in the US and got next to nothing for those payments. I run a business and the US is extremely unfriendly to small businesses. In France they encourage small businesses. I had to pay social fees but they waived income tax for the first three years.
Americans think they understand Europe because what the see on tv. They know little to nothing about it.










