Income inequality

With talk of socialism in the air some defenders say what they really want is democratic socialism like they have in Europe. Time to compare notes. The United States has a GDP of $21 trillion and it spends 21% on federal, state, and local government. There are 325 million people so the GDP per person is $64,000. The European Union has a GDP of $18.8 trillion and it spends 45% on federal, state and local government. There are 512 million people so the GDP per person is $37,000. The US spends $700 billion on defense and the European Union spends $230 billion as they depend on the US to protect them. Income inequality is less so in the Union. In the Union the top 10% take 12% of the income where as in the US the top 10% takes 20%. In the Union the bottom 50% have 22% of the income and in the US the bottom 50% get 10%.