After years of public criticism directed at Europe, US President Donald Trump put together a National Security Strategy (NSS) that reflected his twisted perceptions. Still, it is one thing to hear his stage rhetoric and another to see his worldview codified in official doctrine. Its core claim: Europe will be “unrecognisable in 20 years” due to “civilisational erasure” unless the United States, “sentimentally attached” to the continent, steps in to restore its “former greatness”.

Trump is right, Europe has problems. But they are not what he claims.

Decades of underinvestment in people, persistent political incentives to ignore excluded communities and a reluctance to confront how demographic and economic decline interact, go unaddressed. Political leaders largely avoid this conversation. Some deny these problems, others concede them privately while publicly debating symptoms but not addressing the root causes.

A clearer perspective can be found among those who live with these failures. Across Europe, millions in the working class struggle to survive amid shuttered factories, underfunded schools, unaffordable housing and broken public services. Among them, the Roma sharpen the picture. As Europe’s largest and most dispossessed minority, their experience exposes the continent’s choice to treat entire populations as collateral damage. When Trump presses on Europe’s wounds, these communities confirm where it hurts.

What Trump gets right about Europe

The NSS argues that Europe’s “lack of self-confidence” is most visible in its relationship with Russia. Yes, Europe’s paralysis towards Moscow contrasts with its aggression towards weaker groups at home. This reflects the lack of confidence in European values.

Trump is right. We’re weak. If we were strong, we would stand up for European values of democracy and pluralism. We would not demonise our minorities.

But we do. Across the continent, Roma communities face racist policies. In Slovenia, following a bar fight that spiralled into public hysteria, the national legislature passed a law in November to securitise Roma neighbourhoods.

In Portugal, Andre Ventura of the far-right Chega party put up posters saying “G****es have to obey the law” as part of his presidential campaign. In Italy, far-right politician Matteo Salvini built an entire political brand on anti-Roma paranoia. In Greece, the police shoot at Roma youth for minor crimes.

Leaders over-securitise the Roma while overcompensating for their caution towards Russia.

The NSS also highlights Europe’s declining share of global gross domestic product, from 25 percent in 1990 to 14 percent today. Regulations play a part, so does demographic decline, but the deeper problem is Europe’s failure to invest in all its people.

Twelve million Roma, the youngest population in Europe, remain locked out of education, employment and entrepreneurship through structural barriers and discrimination, even though surveys show their overwhelming willingness to contribute to the societies they live in and their high success rates when they run businesses that receive support.

If Roma employment in Romania, Slovakia and Bulgaria – where their unemployment rates are currently 25 percentage points above those of the majority population – matched national averages, the combined GDP gain could be as much as 10 billion euros ($11.6bn). In a continent losing two million workers a year, letting this labour potential go unused is self-sabotage.

Trump is right about Europe’s declining share of GDP. If Europe were serious, it would not believe it can leave Roma people on the scrap heap.

The NSS further warns of “subversion of democratic processes”, and while he is not talking about minorities, it is true that Europe does fall short.  Proportionally, according to our estimates at the Roma Foundation, they should hold over 400 seats.

The European Parliament includes seats for Malta and Luxembourg, states with populations of 570,000 and 680,000, respectively; yet, it does not include any seats for the Roma community.

Trump is right that we have a democratic deficit. But it’s not because of laws against hate speech and constitutional barriers to the far right. The most pressing deficit is that 12 million Roma are not represented.

A continent that wastes its population cannot be competitive, and one that suppresses parts of its electorate cannot claim to be representative. Political exclusion reduces voter turnout and registration rates, leading to systematically underrepresentative institutions, while economic exclusion makes communities easier targets for vote-buying, coercion and political capture.

What Europe really needs

Trump’s proposed solution for Europe’s crisis would not resolve anything. He seems to assume that far-right pseudo-sovereigntists, opposed to immigration and minorities alike, can reverse Europe’s decline.

The evidence suggests otherwise. Countries where xenophobia influences policy have not performed well. In the United Kingdom, where the far right drove a campaign to leave the European Union over fears of migration, experts have calculated that GDP is 6-8 percent lower than it would have been without Brexit. In Hungary, where the government of Viktor Orban has enacted various anti-migrant and discriminatory policies, there is stagnant economic growth, a high budget deficit and frozen EU funds. Exclusion weakens economies and makes democracies vulnerable.

Empowering the ideological heirs of forces that the United States once helped Europe defeat would not aid the continent’s recovery. In fact, this “restoration” to power of extremist right-wing ideology would deepen Europe’s dependence on Washington, then Moscow.

It is also true that Europe cannot survive global realpolitik, leaning on liberal nostalgia, multilateral summits or rhetorical commitments, either.

What Europe needs is inclusive realism: the recognition that investing in all people is not charity but a strategic necessity. China’s rise illustrates this. Decades of investment in health, education and employment have expanded human capital, increased productivity and reshaped global power balances.

Europe cannot afford to waste its own population potential while expecting to remain a relevant player. The real choice is not between liberals and the far right, but between deepening its wounds by sidelining millions or beginning to heal by investing in the people it has long treated as expendable.

The views expressed in this article are the author’s own and do not necessarily reflect Al Jazeera’s editorial stance.