There is no doubt that the Europeans have lower living standards than us. First of all for comparative jobs they make less salaries, they pay more in taxes, and everything they buy is much more expensive than in the US including their own products that are cheaper to buy here in the US than their own countries. In other word our purchasing power is vastly superior to them. They live in smaller homes, in most cases much smaller homes, they drive much smaller cars, they eat out much less, etc...
To summarize thanks the Lord that we live in America the greatest and most prosperous nation in history of mankind.
America the greatest and most prosperous nation in history of mankind. Now add Cap and Trade, Government Health Care, Government takeover of Manufacturing and Finance, Amnesty...
America the greatest and most prosperous nation in history of mankind.
For a little while yet.