There is no way one can compare the USA with the EU and expect to solve budget and tax debates. It is unrealistic. The countries in Europe, the populous and demographics and culture are completely different than the USA and to compare any venacular of the two is hideous and dysfunctional. That is just the beginning.
The "Pauls" want to cut corporate income tax and that is EXACTLY the same dynamic as the Bush Tax Cuts for the wealthy; there is NO result in jobs.
Why are jobs IMPORTANT? Becuase it builds the tax base. The tax base in the USA at the 'employment' level has shrunk over the past decade and a half which means if one cuts the taxes for corporations the country will face larger deficits and not less. The job base equals the tax base IF the corporate tax rate is reduced and the TAX BASE RESULTING FROM EMPLOYMENT is not equal in ANY WAY.
There is also a very dysfunctional occurrance in the USA when corporate rates are cut; THEY LEAVE THE COUNTRY and outsource jobs. When the USA gives tax cuts to corporations they have too much cash and they take their jobs outside the country and completely shoot themselves in the foot by eliminating USA based markets at the same time.
The "Pauls" are full of rhetoric that SOUNDS logical and FEEDS 'the intution' of the public, but, it has no basis in reality or sound policy,
Comparing the USA to ANY other country is completely dysfunctional and hideous. It lacks sincere love of the citizens of the USA as well.
If the newly elected can't bring NEW ideas other than rhetorical political rants then what were they elected for in the first place? They were elected by extremists that got us in trouble in the first place.