Gdp grew much faster in the US than in the EU. I believe the EU is the worst performer of the planet. No joke. And not surprising with the self destructive actions.
Sure, GDP in the USA is growing faster than the EU, but the question is who is benefiting from the increased GDP?
The answer is in Dah00n's comment. The rich are getting richer, while the population gets scraps. Meanwhile, people in the EU get guaranteed healthcare, paid time off, maternity leave, better worker's rights, etc.
They had that 20 years ago? Since then the rich asset owners have been accumulating a bigger share of the pie in the EU as well, it’s just marginally less pronounced because there is less wealth to go about in the EU due to the multi-decade long stagnation (outside Eastern Europe and a handful of other countries). On the whole I find it extremely hard to view this as a positive without a huge amount of wishful thinking.
People in the EU need to start thinking about how to improve things rather than exclusively focusing on holding onto what they already have (which is slowly turning into scraps..). To a large extent the old EU countries just froze in time after the GFC.
The EU is not perfect and recently they took a turn for the worse with shit like ChatControl and the ppwr killing small businesses.
But economically it's not a problem. It's not a race to be the richest, though America always makes everything a contest. We just need enough to live comfortably.