How can this be?
I thought we were falling behind the rest of the world in every way.
It is sad to see these former world super powers reduced to tourist attractions.... When I was first out of college I traveled thru Europe for the summer before working (already had the job lined up). My friends and I met a Swedish businessman at a pub one night who told us that his marginal tax rate was 65%. He said that he didn't see how working any more or any harder would benefit him when over half of what he made went to taxes.... Right then I knew that things were different over there... I am dual citizen - Irish and American - and I am staying here. Maybe I'll go live there after retirement....
Worst economy since Hoover will do that, ya know.