One of the more notable misconceptions of many Americans is that people in the United States are worse off than their European counterparts. If we were to only look at income, Americans are wealthier than Europeans on multiple data points: the U.S. outperforms GDP per capita for most of the European Union. The American middle class also outperforms the European one, all while challenging what even counts as the middle class in the first place.
Adding to that, primary needs goods are cheaper for most consumers. As I’ve previously written, Americans spend 5 percent of their disposable income on groceries, compared to 8.7 percent in Ireland (the lowest in the EU), 10.8 percent in Germany, 12 percent in Sweden, 17 percent in Hungary and 25 percent in Romania. However, some critics claim the American food system prioritizes efficiency over sustainability, which in turn hurts the environment. Here is where the analysis gets very interesting.
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