This front page headline story from the London Times over the weekend has now gone viral all over Britain:

Britain should align itself with the United States on trade rather than pursuing closer ties with the “socialist model” of the European Union, a senior economic adviser to Donald Trump has said…

Stephen Moore, who is supporting Trump as he prepares for government… said the US would be “less interested” in a free trade deal with the UK if it moved into closer alignment with the European Union.

Well, we stand by that statement. The current UK Labour government has moved in exactly the wrong direction by expanding social welfare spending and raising inheritance taxes, capital gains taxes, and payroll taxes. That’s the European model that has deindustrialized the continent.

As the chart below shows, as recently as 2010 the European Union and U.S.’s GDP were roughly equal. Today, the U.S.’s GDP is roughly 50% larger than that of the EU.

U.S. Growing Much Faster than Europe