Kasz216 said: ...a smaller socialist country...
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Europe. Is. Not. Socialist.
1. All of the current major players have centre-right governments (UK, Germany, France)
2. Income "redistribution" is on a similar scale to the US. Medicare/aid costs just as much to the American taxpayer as the NHS costs to a British one. America justs gets less value for Medicare money since they use it to pay private care which includes a profit margin. Same for Social Security and minimum wage - these are on similar scales.
3. You have far more intervention in the economy than us. Your laws are more protectionist; your financial institutions for invasive and your bailouts are more extensive.