Personally not a big fan of the primitive anti-European chauvinism you see in US culture at times. At least if it were based on facts not prejudice.
It goes both ways here. On the one hand, you've got political opportunists pointing to Europe as if it were the Soviet Union. You have the phenomenon of "Euro-trash" -- people who make fun of the European image (the American perception of a European image, as if that exists in reality) and anybody who wants to emulate that.
I mean hey -- here Americans think its funny that discos are still popular in Europe, even after they were burned-to-the-ground as uncool here in 1979.
Then on the other hand, marketers and consumers gobble up consumerist crap that smells of "Europe" and/or a non-English name as if that were stature.
It's hypocritical here, big time. People don't know if they love Europe or hate it. It's really both.