The article, "Pinch me! Europe grew faster than the US" was written on May 15, 2014 by Mark Thompson.
For the first time in years, European economic growth has become greater than the United States'. It looks as if they have been steadily improving over the past few years, as the US has been fluctuating greatly.
The United States blames its bad weather conditions for the downfall this year, but personally, I believe that the economy has just gone south. Meanwhile, Europe prospered from the snowy weather the Us has. They are rising out of a recession at a slow and steady rate. But then again, slow and steady wins the race in the long run.
What does this mean? This means that the economy is doing very poorly if Europe is ahead of us. We have a lot of work to do if we wish to push ahead and improve ourselves. Also, Europe is doing very well for itself. From viewing the graph above, it looks as if European nations have a good thing going for them and they should keep on doing what they are doing. The US, on the other hand, needs to change its plan of attack and think of more ways for us to economically secure. We need to allow the country to pay off our debts before we can finally truly begin to rise again.
I think that the steady growth Europe seems to have experienced in 2013 is probably more desirable than the fluctuation seen by the U.S. Unless the U.S. can get its act together, Europe will most likely stay ahead in the long run.
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