Also - something to realize about Europe: The poor in the US are RICHER than middle class in much of europe.
"A person at 60% of median income in the US still has a larger income than the median household in Chile, Czech Rep., Greece, Hungary, Portugal, and several others. And the poverty income in the US is very close to matching the median income in Italy, Japan, Spain, and the UK."
https://mises.org/blog/poor-us-are-richer-middle-class-much-...