Sure, look at the bottom countries

https://www.oecd.org/en/data/indicators/hours-worked.html

The lifeblood of the European economy is still the same things that were the lifeblood 30 years ago.

There is no tech scene in Europe, despite tech being at the global economic forefront for those 30 years.

The US spent more per capita than Europe did on support to Ukraine. It also provided the lions share of weapons and armaments.

And now Europe is turning to the US to supply most of it's energy. Which is methane. Heaven forbid the EU give green investment funds special economic rules to foster growth, it might generate a few billionaires.

Europe is a trust fund state burning old money and milking old industry. It desperately needs to build its own independence. Russia coming knocking seems to have been a bit of a wakeup call, but even still single child Europeans are sitting on the beaches of the Mediterranean complaining that they cannot retire at 55.

Wake up.

World-wide global trade security and defense is made possible mostly due to the American military. Hard to import/export when cargo ships get sunk.