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all fair points - but what strengths? We've proven ourselves incapable of the most basic social goods for decades now. All the metrics that you might point to as "hey the US is doing fine" (GDP, deficit, sector growth) are concerned specifically with how the state is doing and desperately unconcerned with it's citizens, which I think is a principal issue here.

by pembrook5 hours ago|

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I think I'm arguing from a position of the quantitative numbers and you're arguing from qualitative vibes, hence why there's a disconnect.

But here's why its important to look at the quantitative reality of the numbers going forward--they are going to absolutely change the qualitative populist vibes.

In 30 years, even if the AI bubble pops and US growth rates normalize to something low like 2%, the US will have a GDP per capita of $130k in 2050. Meanwhile with 0.8% growth (very optimistic for Germany, may be much worse) the average German will earn roughly $75K with far worse demographics ballooning their deficits even further unless they dramatically cut social benefits or cause massive inflation to inflate away social debts.

I can guarantee your vibes of the situation will change over the next 30 years as European nations continue falling behind the US in economic power. The US will have massive optionality to improve its healthcare/education system with this extra wealth. Europe will have the opposite problem, deciding which benefits/services to cut next with a growing welfare burden combined with a not-growing private sector to fund it.

As far as strengths? I think having the next economic revolution be centered in your country (AI) is pretty valuable no? If it raises productivity and GDP growth by even 0.5%, I can guarantee the US will also capture that better than Germany/Europe will given its technophobic culture.