All pre-covid. European GDP per capita fell in the decade following the financial crisis. US growth was nothing to write home about, but things could be worse. The we-should-be-more-like-Europe crowd has some explaining to do. (The Word Bank's software misplaced the UK label; it is the red line on the top of the European group.) From the World Bank, HT Marginal Revolution.
The graph is in dollars, so you might suspect that the dollar just got more valuable relative to the euro
The dollar fell from 1.5 to 1.1 euros over the period, so that's not it.
from The Grumpy Economist https://ift.tt/35hpels
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