Funding levels are lower. Salaries are lower. In physics, from the places I know in the US, about half of the faculty is foreign, and about 30% is German. This is at top universities. That wouldn't be the case if these people would find similar conditions in Europe. But it can change quickly.
Funding is always a lottery. It's not like everyone gets some, but it's less. It's more that less people get funds. So you really have to look at the average.
But you are right. That's why I said: can change quickly.