The US economy is bouncing back – unlike Europe’s
Every country that imposed a lockdown during the pandemic accepted that there would be an economic price to pay. But governments hoped that, on this measure, their own nation would fare better than others. The objective here was simple: don’t be the ugliest country of the bunch. Now, with some distance between those lockdowns and life today, we’re returning to a more established form of economic competition. Rather than focusing on whose economy looks particularly bad, the emphasis has returned to who is looking good. And on this metric, the United States is putting Europe – and Britain – to shame. The US government reports that its economy grew by