Europeans and many American pundits believe that while the US economy may create more growth, Europeans have it better when it come to job security and other factors. This title states that the market freedoms in America create a more flexible, adaptable and prosperous system than the declining welfare states of old Europe.

Europeans and many American pundits believe that while the U.S. economy may create more growth, Europeans have it better when it comes to job security and other factors. Gersemann, a German reporter who came to America, finds the reality quite different.