Originally Posted by pricejj
The American way:
1. Rugged Individualism
2. Low tax rates (but apparently not low enough)
3. Easiest place to start a business in the world (by far) (yet you still complain about regulation and taxes on businesses)
5. Massive profits can be made (many times on the backs of the workers)
6. Extraordinary compensation among the elite (and **** compensation for their employees)
7. Low cost of living (in certain areas)
8. Melting pot
9. System encourages welfare abuse
10. Low growth (so you admit we're out of the recession)
The European way:
1. Individual focuses on how they help and fit into society
2. High tax rates
3. Difficult to start a business (excessive regulation)
4. Not as much disparity between CEO pay and normal workers
5. High cost of living
6. Certain areas are Homogeneous
7. Mass unemployment
8. Large safety net
9. In a recession
Obama is obviously trying to turn America into Europe. Will the world lose the most innovative force the world has ever known in America? How can we have freedom, innovation, and prosperity going forward? Would high taxes kill American innovation?
Which way works? Why?
Americans are not exceptional, neither is the US.