Yeah sure. Have you ever left the country you live in? have you ever been to Germany?
In my perspective in certain aspects US is not a so called "industrialized nation" but more an "emerging nation" like birth rate, well those Mexicans...

. To be able to enter the European union you need to be able to qualify mostly on financial/debt stuff. US would have absolutely 0 chance to achieve this. But some eastern European countries like Poland did. Just to put it into perspective.
And about racism, were I live over 20% are "foreigners" and probably another 10-20% were naturalized. In the next generation people that don't have "foreign blood" will probably be in the minority. But I do see that US kind of has a similar problem.