He pointed to overregulation, fragmentation, and weak productivity as structural weaknesses, and urged European leaders to act on the 2024 report led by former ECB President Mario Draghi, which recommended €800 billion in annual investment to strengthen industrial competitiveness.
Ah yes, overregulation and weak productivity.
Let’s keep on pushing that narrative. Regulation stands in the way of businesses. Policies promoting a healthy work life balance stand in the way of business growth.
Truly terrible things… For anyone who doesn’t need to work every day for 40-50 years of their lives. For the vast vast majority these are things that make everyday life bearable.
Regulation is essential in avoiding a reality where you need to pay for the air you breathe. Weak productivity is a myth in Europe, the real difference with US is in the hours we work. And I fully agree this needs reform. Let’s drop the working week to 4, no, 3 8-hour work days.
Just let people enjoy their short lives, you fucking greedy assholes.
which country are you in?
i’m fairly certain every european country is feeling some effect from low productivity growth
What effects are those precisely?
Do yourself a favour and stop measuring success as a function of the difference with last year/quarter or another region’s stats. If you want to compete, put the money where your mouth is, it’s that simple. There are plenty of people who are hungry to build and develop businesses for 168 hours per week, they just get better opportunities to do it elsewhere. But why should everyone else be forced to follow that pace? Don’t buy into skewed graphs meant to push somebody else’s political agenda, do you own thinking.
What, GDP per capita per hour is less in my region? I’d be making 3x the money in my profession if I worked in the US? My quality of life is 10x better here than it would be there. And yes, I speak from experience.
what is your region?
edit: for some reason when it comes to specifics you don’t actually want to discuss it
sounds like a quick look at the quality of your life going down in your particular region would quickly unravel this whole idea of yours
losing the ai race is a w