Malcolm Berko
:
: There are about 500 million people living in the 17 European Union (EU) nations, and together they’re responsible for a 2011 gross domestic product (GDP) of $16.8 trillion. The population of the U.S. is about 350 million and our 2011 GDP will be (give or take a few million) $16.2 trillion.
So, basically, the U.S. worker is 50 percent more productive than the working population of the EU. The combined 2011 GDP of the world is $74 billion, and the EU is responsible for 23 percent of the GDP of the world.
That socialist good life bubble is collapsing, but it looked right appealing there for a while.
Go to work.
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